Minimum Dollar Guarantee Sample Clauses
A Minimum Dollar Guarantee clause ensures that a party, typically a seller or service provider, receives at least a specified minimum amount of payment regardless of actual sales or usage levels. For example, in licensing or distribution agreements, the licensee may be required to pay a guaranteed sum even if the royalties or fees generated fall short of that amount. This clause provides financial security to the recipient by guaranteeing a baseline income and mitigates the risk of underperformance or low demand.
Minimum Dollar Guarantee. The total minimum dollar, guaranteed by the Government, is $2,500 for each awardee, subject only to adjustment in accordance with the dollar limits that would apply in the event that the government exercises its rights under the Termination Clauses of this contract.