Initial Commitment Clause Samples

Initial Commitment. Prior to the date of delivery of m.v.s “CALIPSO”, “CLIO” and “▇▇▇▇ ▇.▇.” (more particularly described in Schedule 3) to the relevant members of the Group, the Commitment shall be limited to the greater of: (a) $168,000,000; and (b) 60 per cent. of the aggregate market value (as determined by one or more Approved Brokers in the manner provided for in Clauses 15.5 and 15.6) of the Ships which are the subject of a Mortgage subject to a maximum amount of $230,000,000.

Initial Commitment. Subject to subsection 7.2 and to subsection 2.6 and the determination of the Final Site Count and the delivery of the Final RF Engineering Plan for each PCS System and PCS Sub-System, the Parties understand that the quantities of Products and Services identified on Schedules 2 and 3 which are necessary for the build-out by the Vendor of the Initial System pursuant to the terms and conditions of this Contract constitute the Owner's initial purchase commitment under this Contract (the "Initial Commitment").

Initial Commitment. Upon execution of these Terms and Conditions, the Customer’s fees shall include without limitation the following (save where otherwise specified): a) Domicilium’s set-up fee(s), upgrade fee(s) (as applicable); (payable with order); b) Domicilium’s service fees for the Initial Term (including any options selected by the Customer on the Order Form); c) Domain Name Charges (as applicable); d) Equipment lease fees (as applicable); e) Equipment purchase charges (as applicable); The fees for the Initial Term whether paid or payable, are non-refundable except where ▇▇▇▇▇▇▇▇▇▇ have committed a material breach. They are independent of the amount of traffic or system access by the Customer.

Initial Commitment. The first Purchase Order submitted by ZOLL will include a non-binding forecast for 180 days, in addition to ZOLL's first firm order, with shipments contemplated to begin on November 1, 1997.

Initial Commitment. Upon the execution of this Agreement and satisfaction of the conditions precedent set forth in Section 2.1, the Term Loan Commitment established hereunder will be $15.0 million ("Term Loan Commitment").

Initial Commitment. The first Purchase Order submitted by ATOM, will include firm quantities for the first six (6) months of shipment which are contemplated to begin in April, 1998

Initial Commitment. Upon the execution of this Agreement and satisfaction of the conditions precedent set forth in Section 2.1 hereof, the Line of Credit Commitment established hereunder will be $10.0 million ("Line of Credit Commitment").

Initial Commitment. Company shall engage Writer to write and deliver: (i) a complete original first draft screenplay (the “First Draft”); and (ii) a complete original final draft screenplay (the “Final Draft”) incorporating Company's changes and suggestions to the First Draft (the “Final Draft”).

Initial Commitment. Upon execution of this AGREEMENT, the CUSTOMER’s fees shall include without limitation the following (save where otherwise specified): 10.2.1. ACUITY UNIFIED COMMUNICATIONS LIMITED’s set up fee(s), upgrade fee(s) (as applicable) (payable with order); 10.2.2. ACUITY UNIFIED COMMUNICATIONS LIMITED’s service fees for the INITIAL TERM (including any options selected by the CUSTOMER on the ACUITY UNIFIED COMMUNICATIONS LIMITED ORDER FORM); 10.2.3. Domain Name Charges (as applicable); 10.2.4. Equipment Lease Fees (as applicable); 10.2.5. Equipment Purchase Charges (as applicable). The fees for the INITIAL TERM whether paid or payable, are non-refundable (except where this AGREEMENT is terminated by CUSTOMER under Clause 10, in which case the fees for any remaining part of the INITIAL TERM shall be refundable on a pro-rata basis). They are independent of the amount of traffic or systems access by the CUSTOMER.