Volume Limits Clause Samples

The Volume Limits clause sets a maximum threshold on the quantity of goods or services that can be ordered, delivered, or utilized under a contract. In practice, this clause may specify a fixed number of units, a monetary cap, or a range within which orders must fall during a defined period. By establishing clear boundaries on volume, the clause helps manage expectations, prevents over-commitment, and protects both parties from unforeseen demand spikes or supply shortages.
Volume Limits. All prices are quoted for vehicles less than or equal to 825 cubic feet (ft3). Vehicles larger than 825 cubic feet (ft3) will incur additional fees.
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Volume Limits. The Purchaser agrees that, during the one year period beginning on the second anniversary of the Closing Date, neither the Purchaser nor any of the Purchaser Affiliates will (i) offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of, directly or indirectly, any equity securities of the Company or (ii) enter into any swap or other arrangement that transfers to another in whole or in part, any of the economic consequences of ownership of any equity securities of the Company, whether any such transaction described in clause (i) or (ii) above is to be settled by delivery of securities, in cash or otherwise; provided that, after the second anniversary of the Closing Date, (x) the Purchaser shall be permitted to sell, during a single day, up to a maximum of such number of shares of Common Stock as is equal to 25% of the trading volume reported for the Common Stock during such day (other than the trading volume associated with transactions by the Purchaser or any of its Affiliates) and (y) the Purchaser may offer, pledge, sell, or contract to sell shares of Common Stock in any “block trade”, provided that the Purchaser may not, in any one day, sell pursuant to this clause (y) more than 0.25% of the Common Stock then outstanding as then most recently reported by the Company in a Report. The Purchaser shall report to the Company all sales, transfers or other dispositions of securities of the Company within three days of any such sale, transfer or other disposition.
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Volume Limits. NEXT WAVE, in our sole discretion, shall determine the lead volume required from VENDOR each business day. NEXT WAVE reserves the right to limit the lead volume received from VENDOR each day at any time during the term of this Agreement. NEXT WAVE shall provide at least twenty-four (24) hours notice to VENDOR prior to the effective date of any such change.
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Related to Volume Limits

  • Usage Limits Services and Content are subject to usage limits, including, for example, the quantities specified in Order Forms and Documentation. Unless otherwise specified, (a) a quantity in an Order Form refers to Users, and the Service or Content may not be accessed by more than that number of Users, (b) a User’s password may not be shared with any other individual, and (c) except as set forth in an Order Form, a User identification may only be reassigned to a new individual replacing one who will no longer use the Service or Content. If You exceed a contractual usage limit, We may work with You to seek to reduce Your usage so that it conforms to that limit. If, notwithstanding Our efforts, You are unable or unwilling to abide by a contractual usage limit, You will execute an Order Form for additional quantities of the applicable Services or Content promptly upon Our request, and/or pay any invoice for excess usage in accordance with Section 6.2 (Invoicing and Payment).

  • Volume of TIPS Sales Nothing in this Agreement or any TIPS communication may be construed as a guarantee that TIPS or TIPS Members will submit any TIPS orders to Vendor at any time.

  • Time Limits Each party involved in a grievance shall act quickly so that the grievance may be resolved promptly. Every effort should be made to complete action within the time limits contained in the grievance procedure. However, with the mutual consent of the parties, the time limitation for any step may be extended.

  • Minimum Purchase Requirements Distributor shall make the minimum annual purchase of Products established in Exhibit B, unless the Agreement has become coexclusive. In the period within the fixed term and extension, if applicable, of the Agreement under Section 10(a) subsequent to [ * ], the parties shall meet in San Francisco at least [ * ] prior to the beginning of each of respective year to discuss market conditions and appropriate minimum purchases for such year. In the event that the parties fail to agree on an appropriate minimum any year subsequent to [ * ], the minimum annual purchase requirement for such year shall be calculated increasing or decreasing (as the case may be) the minimum purchase requirement for the preceding year in proportion to the increase or decrease in the [ * ] (based on data from mutually acceptable data provider) of the applicable product in the Territory. In the event Supplier is unable to deliver Products ordered by Distributor in an amount consistent with the most recent forecast, then the minimum annual purchase requirement shall be reduced by the quantity of Products that Supplier is unable to deliver when requested. In the event Distributor fails in any year (a “Shortfall Year”) to make the annual minimum purchase of Agreement Products required by Exhibit B, Supplier shall have the right to give Distributor written notice of default, and if such failure to make the minimum purchase is not cured (through the purchase of an amount of Agreement Product equal to the entire shortfall in the Shortfall Year, which amount shall not be counted towards any minimum purchase requirements for the year of purchase) within [ * ] of receipt of the notice, then Supplier shall have the right, in Supplier’s sole discretion and as Supplier’s sole remedy for Distributor’s failure to meet the minimum purchase requirements hereunder, either to convert the appointment of Distributor from exclusive to non-exclusive or to terminate this Agreement. In the event of either conversion to non-exclusive or termination of this Agreement pursuant to this Section 3(e), the Supplier shall pay Distributor a conversion fee equal to [ * ], and Distributor shall transfer all Regulatory Approvals relating to BMS or DES in the Territory to Supplier.

  • Minimum Limits The minimum limits to be maintained by the School (inclusive of any amounts provided by an umbrella or excess policy) shall be $1 million per occurrence/$3 million annual aggregate.