Minimum Activity Clause Samples
The Minimum Activity clause sets a baseline level of work or operations that a party, typically an operator or contractor, must perform under an agreement. This clause often specifies measurable targets, such as a minimum number of work hours, production units, or project milestones to be achieved within a certain timeframe. By establishing these requirements, the clause ensures that the project progresses at an agreed pace and prevents parties from delaying or neglecting their obligations, thereby protecting the interests of all stakeholders involved.
Minimum Activity. From and after the Effective Date, Monsanto shall conduct [* * *].
(a) Activity Through Year 10. Minimum R&D Activity through the end of Collaboration Year 10 [* * *].
(b) Activity Through Year 12. Minimum R&D Activity through the end of Collaboration Year 12 [* * *].
Minimum Activity. For purposes of Section 5.10.3 of the Agreement (Minimum Activity), which shall otherwise apply to the Fusarium Funded Project, mutatis mutandis, all Minimum R&D Activity shall be [* * *], Activity Points shall be determined in accordance with Exhibit L.1 attached hereto, and:
(a) Activity Through Year 14. Minimum R&D Activity conducted [* * *];
(b) Activity Through Year 16. Minimum R&D Activity conducted [* * *];
(c) Activity Through Year 18. Minimum R&D Activity conducted [* * *].
Minimum Activity. The Agency will acquire food directly from BRAFB warehouses at least once every 90 days and serve clients at least once per month. A BRAFB Partner Engagement Manager and Branch Manager must be notified if the Agency is aware that it will not be ordering food from BRAFB over an extended period. ____________ (please initial)