Common use of Minimum Performance Requirement Clause in Contracts

Minimum Performance Requirement. Affiliate and Association acknowledge that if Affiliate's or Association's annual Enrollment Applications do not exceed FIFTY (50), or, in the case of an Association, if the Association's enrolled membership is not more than ONE HUNDRED (100), it is not economically viable for RCI to maintain the Affiliation, and this Agreement is likewise terminable at the sole option and discretion of RCI upon sixty (60) days notice to Affiliate and Association.

Minimum Performance Requirement. Affiliate and Association acknowledge that if Affiliate's ’s or Association's ’s annual Enrollment Applications do not exceed FIFTY one hundred (50100), or, in the case of an Association, if the Association's ’s enrolled membership is not more than ONE HUNDRED one hundred (100)) memberships, it is not economically viable for RCI to maintain the Affiliation, and this Agreement is likewise terminable at the sole option and discretion of RCI upon sixty (60) days notice to Affiliate and Association.