Minimum Purchase Commitment definition

Minimum Purchase Commitment shall have the meaning set forth in Section 2.01.
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Minimum Purchase Commitment means Company’s minimum binding purchase commitment to SAFC for a minimum number of Batches of Vector Product during a Contract Year, determined as set forth in Section 3.1(a).
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Minimum Purchase Commitment means the quantity of Batches which Prothena is obliged to purchase in any Year under the Product Agreement(s) and which shall mean the certain percentage of the Maximum Capacity Reservation as set forth in Section 4 and Appendix 3, as it may be adjusted in accordance with this Agreement.
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Examples of Minimum Purchase Commitment in a sentence

  • The Minimum Purchase Commitment is set fort in Section 23 and in Annex K.

  • If Distributor fails to meet the Minimum Purchase Commitments in any given period, INFRAREDX may either (i) provide Distributor the opportunity to purchase Products to satisfy such Minimum Purchase Commitment, (ii) terminate Distributor’s exclusivity in the Territory and appoint other distributors to distribute Products in the Territory, or (iii) terminate this Agreement upon ninety (90) days’ written notice.

  • In addition to meeting the Minimum Purchase Commitment, Distributor shall use its best efforts to promote the sale of the Products within the Territory, to develop a market for the Products and to enhance the Company's image in the marketplace as a provider of quality medical devices.

  • The Owner agrees that the aggregate amount of all payments to the Vendor pursuant to Purchase Orders delivered to the Vendor during the Contract Term shall be not less than Three Hundred Thirty Million Dollars ($330,000,000) (the "Minimum Purchase Commitment").

  • Amounts paid by Customer pursuant to invoices for Forecast Shortfalls pursuant to Section 3.4 that are not subsequently credited against purchases for Corvis Products and Services shall be deemed purchases which apply to the Total Minimum Purchase Commitment (to the extent they have not already been applied toward the Initial Minimum Purchase Commitment).


More Definitions of Minimum Purchase Commitment

Minimum Purchase Commitment is defined in subsection 5.1(i).
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Minimum Purchase Commitment. Section 2.2(a) “Nonconformance” Section 7.2
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Minimum Purchase Commitment means Company’s minimum binding purchase commitment to SAFC for a minimum number of Vector Product during a Contract Year, including those additional Batches that are part of Company’s Binding Forecast, determined as set forth in Sections 3.1(a) and 3.2(a).
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Minimum Purchase Commitment is defined in Exhibit C.
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Minimum Purchase Commitment has the meaning set forth in Section 3.3.
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Minimum Purchase Commitment means the specified minimum Unit Case quantities of the Products, as set forth in Exhibit C attached hereto, to be agreed upon by the parties pursuant to Section 3.2 hereof. As and when the parties agree to a Minimum Purchase Commitment, Exhibit C shall be amended accordingly.
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Minimum Purchase Commitment means the minimum number of RF Modules which Gigabeam hereby agrees to purchase during any particular Purchase Period identified in Exhibit D.
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