Examples of Minimum Requirements in a sentence
Acorda or its Designee shall provide Elan with purchase orders on the standard purchase order forms of Acorda or its Designee (without prejudice to Clause 5.4) of its Elan Minimum Requirements at least ninety (90) days before it requires each delivery of Product (subject to Clause 4.7 with respect to Launch Stocks), specifying the required delivery date in each purchase order and specifying the quantity of Product requested for commercial use and the quantity of Product for promotional and sample use.
This deletion is Liberty’s sole remedy for failure to meet Minimum Requirements.
Minimum Requirements: To qualify to purchase the optional GPA5 rider: (a) you are enrolling in Portfolio Optimization (see Sections 2 and 3 of this form); (b) all annuitants must be age 80 or younger on the date of purchase; and (c) the date of purchase must be at least 10 years prior to the annuity date.
If Area Developer does not meet the Minimum Requirements, Liberty may, upon notification to Area Developer within ninety (90) days of the end of the year wherein the requirements were not met, delete from the Territory up to the number of Franchise Territories by which Area Developer failed to meet the Minimum Requirements for that year.
The fees and percentages described in Sections 3.2 and 3.3 above will not be reduced upon any renewal nor will the Territory be reduced, except as may be reduced due to failure to meet Minimum Requirements, as described in Section 4.1 above.