Sales Target Clause Samples

Sales Target. 15.2.1 If the Seller does not succeed in securing bankable pre-sales of 77 Units of the Units in the Scheme by no later than 1 June 2021 (“the target date”), the Seller shall have the right to cancel this agreement by giving written notice of the Seller’s election to cancel, which notice shall be given within 30 (thirty) calendar days after the expiry of the target date. For the sake of clarity it is recorded that a bankable pre-sale shall be a sale which is compliant with the requirements of the financial institution granting a development loan to the Seller as contained in the terms and conditions of the grant of such loan. Pre-sale requirements shall include (but not be limited to):

Sales Target. 4.1 The sales target should be fulfilled by Party B within the term shall be RMB7.1 million, which shall be calculated as the payment made to Party A to Party B for the products purchased. 4.2 Any or all preferential policies of Party A shall be applied to Party B if such sales target has been fulfilled.

Sales Target. The annul selling amount shall be increased by 5% from that of year 2005. Within the validity period of this agreement, if Party B’s sale drops by 20% in a single month or dropped by 10% for three consecutive months without valid reasons, Party A has the right to terminate this agreement.

Sales Target. On or before November 1 of each calendar year during the term hereof, the Parties shall agree to non-binding annual sales targets for the Products in each Territory (the “Sales Target”) to be used by the Parties to estimate volumes and as a factor in determining the pricing of the Products. Each Party shall use its commercially reasonable efforts in order to achieve the Sales Target, subject to their duties and obligations as set forth herein. The Parties shall review and adjust the Sales Targets, Iveco Shares and Nikola Shares no less than once for each quarter.

Sales Target. 2.2.1 If the Seller does not succeed in securing bankable pre-sales of 90% (ninety percent) of the total number of Units in the Scheme by no later than 1 June 2015 (“the target date”), the Seller shall have the right to cancel this agreement by giving the Purchaser written notice of the Seller’s election to cancel, which notice shall be given within 5 (five) days after the expiry of the target date. For the sake of clarity it is recorded that a bankable pre-sale shall be a sale which is compliant with the requirements of the financial institution granting a development loan to the Seller as contained in the terms and conditions of the grant of such loan. Pre-sale requirements shall include (but not be restricted to):  a fully signed Agreement of Sale;  deposit paid to the Transferring Attorneys; and  payment of the balance of the purchase price fully secured by approval of a mortgage loan and/or cash paid to the Transferring Attorneys. 2.2.2 If the Seller elects to cancel the sale as contemplated in 2.2.1 above, the deposit together with interest earned thereon shall be refunded to the Purchaser and the Purchaser shall have no claim of any nature against the Seller arising from the cancellation of this agreement or the sale contained therein.

Sales Target i. Circle Level e-Distributor Rs.25 Lakhs / Month / Circle ii. Pan India Internet based e-Distributor Rs.25 Lakhs / Month / Zone

Sales Target. The parties will meet and agree upon a minimum annual sales target at least thirty days prior to commencement of each contract year. ALTUS shall use * Indicates that information has been omitted pursuant to a request for confidential information and filed separately with the United States Securities and Exchange Commission.

Sales Target. The Net Sales generated by the Business were, for the twelve months ended December 31, 1998, at least $199,716, and for the five months ended May 30, 1999, at least $215,642.55.

Sales Target. The sales target herein is the server you have selected, the parameters and specifications of which are subject to those published on our website. The price of this agreement includes value-added tax, and the total transaction price is subject to the total sum of your purchase quantity and other services.