{"component": "clause", "props": {"groups": [{"size": 10, "snippet": "The minimum base monthly prices for the duration of the term of this Agreement are set out in the table below (Minimum Price). At their request, the Supplier may receive an income estimate based on their historical supply curve or the Supplier\u2019s forecast production. The income estimate will outline the minimum price plus any applicable Production, Quality & Milk Growth Incentive payments less any relevant charges to provide an estimate of income for the nominated supply period. Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Contract Pricing $/KG Fat 6.08 5.26 5.26 5.26 5.26 6.08 6.08 6.08 6.08 6.08 6.08 6.08 $/KG Protein 13.28 11.49 11.49 11.49 11.49 13.28 13.28 13.28 13.28 13.28 13.28 13.28 This is the lowest price Riverina Fresh will pay for Milk sold to Riverina Fresh provided such Milk meets the Milk Quality Standards.", "samples": [{"hash": "4lriWAWemGr", "uri": "/contracts/4lriWAWemGr#minimum-price", "label": "Exclusive Milk Supply Agreement", "score": 27.7063655853, "published": true}, {"hash": "krRnLfT0He9", "uri": "/contracts/krRnLfT0He9#minimum-price", "label": "Non Exclusive Milk Supply Agreement", "score": 27.257358551, "published": true}], "snippet_links": [{"key": "the-term-of-this-agreement", "type": "clause", "offset": [52, 78]}, {"key": "set-out", "type": "definition", "offset": [83, 90]}, {"key": "the-supplier", "type": "clause", "offset": [145, 157]}, {"key": "based-on", "type": "definition", "offset": [189, 197]}, {"key": "incentive-payments", "type": "definition", "offset": [372, 390]}, {"key": "relevant-charges", "type": "definition", "offset": [400, 416]}, {"key": "to-provide", "type": "clause", "offset": [417, 427]}, {"key": "supply-period", "type": "clause", "offset": [468, 481]}, {"key": "contract-pricing", "type": "definition", "offset": [531, 547]}, {"key": "lowest-price", "type": "clause", "offset": [714, 726]}, {"key": "pay-for", "type": "clause", "offset": [747, 754]}, {"key": "sold-to", "type": "clause", "offset": [760, 767]}, {"key": "milk-quality-standards", "type": "clause", "offset": [812, 834]}], "hash": "38a320b6617ae792047630c6ec40e3e9", "id": 5}, {"size": 4, "snippet": "The minimum price at which the Consignee may sell the Consigned Items shall be described on Exhibit A attached hereto (the \u201cMinimum Price\u201d). The minimum price will be listed in South Africa Rand (\u201cR\u201d). In the event the Consignee sells the Consigned Items for less than the Minimum Price, the Consignor shall be entitled to the same payment the Consignor would receive as its share of the sale price under this Agreement had the Consigned Items been sold for the Minimum Amount.", "samples": [{"hash": "kALUu8mOHGT", "uri": "/contracts/kALUu8mOHGT#minimum-price", "label": "Consignment Agreement", "score": 30.2871818542, "published": true}, {"hash": "fMw1iYySGGA", "uri": "/contracts/fMw1iYySGGA#minimum-price", "label": "Consignment Agreement", "score": 29.7734184265, "published": true}, {"hash": "4m6OsRqJtJO", "uri": "/contracts/4m6OsRqJtJO#minimum-price", "label": "Consignment Agreement", "score": 25.3381252289, "published": true}], "snippet_links": [{"key": "the-consignee", "type": "definition", "offset": [27, 40]}, {"key": "exhibit-a", "type": "definition", "offset": [92, 101]}, {"key": "south-africa", "type": "definition", "offset": [177, 189]}, {"key": "in-the-event-the", "type": "clause", "offset": [202, 218]}, {"key": "the-consignor", "type": "definition", "offset": [288, 301]}, {"key": "sale-price", "type": "definition", "offset": [388, 398]}, {"key": "this-agreement", "type": "clause", "offset": [405, 419]}, {"key": "minimum-amount", "type": "clause", "offset": [462, 476]}], "hash": "8194681fb9c22bf8b4972696522f3911", "id": 9}, {"size": 7, "snippet": "The Minimum Price and a statement of the Purchaser\u2019s justification for the Minimum Price is set out in Part 6 of Schedule 2. The Minimum Price may only be varied in accordance with clause 20.3. If a variation under this clause 10.3 reduces the Minimum Price, the reduction must not occur before the variation.", "samples": [{"hash": "7KAfjrapPIH", "uri": "/contracts/7KAfjrapPIH#minimum-price", "label": "Milk Supply Agreement", "score": 26.7070503235, "published": true}, {"hash": "3Yq0gNVfI6p", "uri": "/contracts/3Yq0gNVfI6p#minimum-price", "label": "Milk Supply Agreement", "score": 26.7070503235, "published": true}, {"hash": "2cF48JQtXyc", "uri": "/contracts/2cF48JQtXyc#minimum-price", "label": "Milk Supply Agreement", "score": 26.7070503235, "published": true}], "snippet_links": [{"key": "of-the-purchaser", "type": "clause", "offset": [34, 50]}, {"key": "justification-for", "type": "clause", "offset": [53, 70]}, {"key": "set-out", "type": "definition", "offset": [92, 99]}, {"key": "part-6", "type": "definition", "offset": [103, 109]}, {"key": "schedule-2", "type": "clause", "offset": [113, 123]}, {"key": "in-accordance-with", "type": "definition", "offset": [162, 180]}, {"key": "this-clause", "type": "clause", "offset": [215, 226]}], "hash": "f188421d979632b4b67fb84a9aa0a08a", "id": 6}, {"size": 20, "snippet": "4.2.1 Calculation of the Minimum Price will be in accordance with the table set out on the front page of this document.\n4.2.2 ACM warrants that calculation of the Minimum Price is in accordance with the Price Justification contained in Schedule A of this Agreement as required under section 14 of the Code.\n4.2.3 The Minimum Price is the amount payable by ACM for Premium Quality Milk. If the Milk supplied under this Agreement does not meet the conditions of Premium Quality Milk as set out in the Specification Guide, the amount payable by ACM for Milk under this Agreement may be reduced. Any such reduction will be in accordance with the Specification Guide.", "samples": [{"hash": "f4D4qYAomM2", "uri": "/contracts/f4D4qYAomM2#minimum-price", "label": "Milk Supply Agreement", "score": 33.4084854126, "published": true}, {"hash": "eHib5HtLxVP", "uri": "/contracts/eHib5HtLxVP#minimum-price", "label": "Conventional Milk Supply Agreement", "score": 33.4084854126, "published": true}, {"hash": "apaEIzn6DxJ", "uri": "/contracts/apaEIzn6DxJ#minimum-price", "label": "A2 Milk Supply Agreement", "score": 33.4084854126, "published": true}], "snippet_links": [{"key": "calculation-of-the", "type": "clause", "offset": [6, 24]}, {"key": "in-accordance-with", "type": "definition", "offset": [47, 65]}, {"key": "set-out", "type": "definition", "offset": [76, 83]}, {"key": "page-of", "type": "clause", "offset": [97, 104]}, {"key": "price-justification", "type": "clause", "offset": [203, 222]}, {"key": "contained-in", "type": "definition", "offset": [223, 235]}, {"key": "schedule-a", "type": 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principal balance of all encumbrances against the Leased Property at the time of purchase of the Leased Property by Lessee, less (x) all proceeds received by Lessor from any financing or refinancing of the Leased Property after the date hereof (after payment of any debt refinanced and net of any costs and expenses incurred in connection with such financing or refinancing, including, without limitation, loan points, commitment fees and commissions and legal fees) and (y) the net amount (after deduction of all reasonable legal fees and other costs and expenses, including without limitation expert witness fees, incurred by Lessor in connection with obtaining any such proceeds or award) of all insurance proceeds received by Lessor and awards received by Lessor from any partial Taking of the Leased Property that are not applied to restoration.", "samples": [{"hash": "kOdfmw595vg", "uri": "/contracts/kOdfmw595vg#minimum-price", "label": "Hotel Lease Agreement (Apple REIT Ten, Inc.)", 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"by-lessee", "type": "clause", "offset": [379, 388]}, {"key": "received-by", "type": "definition", "offset": [412, 423]}, {"key": "financing-or-refinancing", "type": "clause", "offset": [440, 464]}, {"key": "payment-of", "type": "definition", "offset": [517, 527]}, {"key": "any-debt", "type": "definition", "offset": [528, 536]}, {"key": "expenses-incurred", "type": "clause", "offset": [573, 590]}, {"key": "in-connection-with", "type": "clause", "offset": [591, 609]}, {"key": "fees-and-commissions", "type": "definition", "offset": [696, 716]}, {"key": "net-amount", "type": "definition", "offset": [745, 755]}, {"key": "deduction-of", "type": "clause", "offset": [763, 775]}, {"key": "legal-fees-and-other-costs-and-expenses", "type": "clause", "offset": [791, 830]}, {"key": "including-without-limitation", "type": "clause", "offset": [832, 860]}, {"key": "expert-witness-fees", "type": "clause", "offset": [861, 880]}, {"key": "insurance-proceeds", "type": "definition", "offset": [965, 983]}, {"key": "partial-taking", "type": "definition", "offset": [1042, 1056]}], "hash": "ea1b028dce0983832040950f974b722f", "id": 2}, {"size": 6, "snippet": "Notwithstanding the foregoing, no shareholder may offer or sell shares for less than $0.50 per share at any time.", "samples": [{"hash": "jo5GpbBNLAa", "uri": "/contracts/jo5GpbBNLAa#minimum-price", "label": "Lockup Agreement (Pipeline Data Inc)", "score": 16.0, "published": true}, {"hash": "jLeyhxY88LA", "uri": "/contracts/jLeyhxY88LA#minimum-price", "label": "Lockup Agreement (Pipeline Data Inc)", "score": 16.0, "published": true}, {"hash": "hgoYCXgGOlB", "uri": "/contracts/hgoYCXgGOlB#minimum-price", "label": "Lockup Agreement (Pipeline Data Inc)", "score": 16.0, "published": true}], "snippet_links": [{"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [0, 29]}, {"key": "no-shareholder", "type": "clause", "offset": [31, 45]}, {"key": "at-any-time", "type": "clause", "offset": [101, 112]}], "hash": "ec57880fcfb7c9bb68c9eb25253fd1e3", "id": 7}, {"size": 11, "snippet": "4.2.1 ACM will pay Supplier the Minimum Price for Milk supplied to it under this Agreement. Calculation of the Minimum Price will be in accordance with the table set out on the front page of this document.\n4.2.2 ACM warrants that calculation of the Minimum Price is in accordance with the Price Justification contained in Schedule A of this Agreement as required under section 14 of the Code.\n4.2.3 The Minimum Price is the amount payable by ACM for Premium Quality Milk. If the Milk supplied under this Agreement does not meet the conditions of Premium Quality Milk as set out in the Specification Guide, the amount payable by ACM for Milk under this Agreement may be reduced. Any such reduction will be in accordance with the Specification Guide.", "samples": [{"hash": "eQdN9JuLfbr", "uri": "/contracts/eQdN9JuLfbr#minimum-price", "label": "Conventional Milk Supply Agreement", "score": 36.4100036621, "published": true}, {"hash": "alX3cOgMPC7", "uri": "/contracts/alX3cOgMPC7#minimum-price", "label": "Conventional Milk Supply Agreement", "score": 36.4086494446, "published": true}, {"hash": "f6cUCSGgWaW", "uri": "/contracts/f6cUCSGgWaW#minimum-price", "label": "Conventional Milk Supply Agreement", "score": 35.1697158813, "published": true}], "snippet_links": [{"key": "this-agreement", "type": "clause", "offset": [76, 90]}, {"key": "calculation-of-the", "type": "clause", "offset": [92, 110]}, {"key": "in-accordance-with", "type": "definition", "offset": [133, 151]}, {"key": "set-out", "type": "definition", "offset": [162, 169]}, {"key": "page-of", "type": "clause", "offset": [183, 190]}, {"key": "price-justification", "type": "clause", "offset": [289, 308]}, {"key": "contained-in", "type": "definition", "offset": [309, 321]}, {"key": "schedule-a", "type": "clause", "offset": [322, 332]}, {"key": "as-required", "type": "clause", "offset": [351, 362]}, {"key": "section-14", "type": "definition", "offset": [369, 379]}, {"key": "the-code", "type": "clause", "offset": [383, 391]}, {"key": "amount-payable", "type": "definition", "offset": [424, 438]}, {"key": "premium-quality-milk", "type": "definition", "offset": [450, 470]}, {"key": "does-not-meet", "type": "clause", "offset": [514, 527]}, {"key": "conditions-of", "type": "clause", "offset": [532, 545]}, {"key": "specification-guide", "type": "definition", "offset": [585, 604]}], "hash": "688e1ba4f733e8629eb8cf9b19f160a0", "id": 3}, {"size": 11, "snippet": "Associate Member acknowledges and agrees that the collective bargaining power of the Ed Tech JPA would be undermined if Associate Member used the terms and conditions obtained by the Ed Tech JPA to negotiate separately with Vendor for its own advantage. Associate Member agrees that it will not attempt to negotiate lower prices with a Vendor under contract with the JPA. Notwithstanding the foregoing, Associate Member is free to solicit proposals and negotiate directly with a vendor not subject to a Master Agreement with the Ed Tech JPA. Consistent with this goal, and in order to provide Associate Members with assurances regarding advantageous pricing by purchasing through the JPA, Vendors are requested to provide a Minimum Price Guarantee (MPG), whereby the Vendor will not sell directly, or through a reseller, to Ed Tech JPA\u2019s Eligible Entities (regardless of whether the Eligible Entity is an Associate Member of the Ed Tech JPA) for a lower price. The requirements of this Section do not apply to contracts in existence prior to the establishment of a Master Agreement between Vendor and Ed Tech JPA.", "samples": [{"hash": "iN5Lj1Bm2R2", "uri": "/contracts/iN5Lj1Bm2R2#minimum-price", "label": "Associate Member Agreement", "score": 30.4384441376, "published": true}, {"hash": "eRqJy5lpwAx", "uri": "/contracts/eRqJy5lpwAx#minimum-price", "label": "Associate Member Agreement", "score": 30.4384441376, "published": true}, {"hash": "89FYhVA4Zwv", "uri": "/contracts/89FYhVA4Zwv#minimum-price", "label": "Associate Member Agreement", "score": 30.4384441376, "published": true}], "snippet_links": [{"key": "power-of", "type": "clause", "offset": [72, 80]}, {"key": "ed-tech-jpa", "type": "definition", "offset": [85, 96]}, {"key": "the-terms-and-conditions", "type": "clause", "offset": [142, 166]}, {"key": "to-negotiate", "type": "definition", "offset": [195, 207]}, {"key": "under-contract", "type": "definition", "offset": [343, 357]}, {"key": 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Leased Property after the date of acquisition by Lessor (after payment of any debt refinanced and net of any costs and expenses incurred in connection with such financing or refinancing, including, without limitation, loan points, commitment fees and commissions and legal fees) and (y) the net amount (after deduction of all reasonable legal fees and other costs and expenses, including without limitation expert witness fees, incurred by Lessor in connection with obtaining any such proceeds or award) of all insurance proceeds received by Lessor and awards received by Lessor from any partial Taking of the Leased Property that are not applied to restoration.", "samples": [{"hash": "9YkdgNKwqMu", "uri": "/contracts/9YkdgNKwqMu#minimum-price", "label": "Consolidated Lease Amendment (Equity Inns Inc)", "score": 18.0, "published": true}, {"hash": "8IjIcqWqtxa", "uri": "/contracts/8IjIcqWqtxa#minimum-price", "label": "Lease Agreement (Equity Inns Inc)", "score": 18.0, "published": true}, 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of (a) the minimum price of $1,900.00/oz. (\u201cMinimum Gold Price\u201d), or (b) the closing price per \u2587\u2587\u2587\u2587 ounce as quoted on the New York Commodity Exchange (\u201cCOMEX\u201d) for ticker symbol GC (\u201cGold Spot Price\u201d) on the business day preceding the day each of the Gold Deposits as stated herein in Section 9. are deposited in a Trust approved financial institution\u2019s vaulting facility. Gold-Ore Owner shall retain the surplus (gain) in the event the Gold Spot Price at delivery exceeds the $1,900.00/oz. Minimum Gold Price. It is anticipated Trust will utilize certain resources and strategies to protect the Minimum Gold Price of Gold-Ore Owner\u2019s future Gold Deliveries including (A) estimated 610,300 tons of Pre-Recycled Gold Ore held in Trust, and (B) exchange-traded and over the counter (OTC) gold hedging products held in Trust (e.g., gold options, futures, and forward contracts). Gold-Ore Owner expressly and unconditionally agrees that Trust makes no assurance, warranty, or guarantee that Certified 99.99% Pure Gold and Gold Deliveries will be protected from declines below the Minimum Gold Price. Minimum Gold Price Protection Example: Certified 99.99% Pure Gold is anticipated to be delivered at the Minimum Gold Price of $1,900/oz. For example, if the Gold Spot Price at delivery declined to $1,500/oz., then Pre- Recycled Gold Ore held in Trust would be drawn down and refined to supply an additional .2667 oz. of Certified 99.99% Pure Gold for each 1.0 oz. of Certified 99.99% Pure Gold delivered to Gold-Ore Owner ($1,500 x .2667 =", "samples": [{"hash": "fXxzqt7PTfN", "uri": "/contracts/fXxzqt7PTfN#minimum-price", "label": "Gold Ore Purchase Agreement", "score": 24.8795337677, "published": true}, {"hash": "euCGJy1uAIK", "uri": "/contracts/euCGJy1uAIK#minimum-price", "label": "Gold Ore Purchase Agreement", "score": 24.8439426422, "published": true}, {"hash": "7DAAPf5tpkZ", "uri": "/contracts/7DAAPf5tpkZ#minimum-price", "label": "Gold Ore Purchase Agreement", "score": 24.8412055969, "published": true}], "snippet_links": [{"key": "at-delivery", "type": "clause", "offset": [14, 25]}, {"key": "price-of-the", "type": "clause", "offset": [40, 52]}, {"key": "minimum-gold-price", "type": "definition", "offset": [143, 161]}, {"key": "price-per", "type": "definition", "offset": [184, 193]}, {"key": "new-york", "type": "definition", "offset": [222, 230]}, {"key": "commodity-exchange", "type": "clause", "offset": [231, 249]}, {"key": "ticker-symbol", "type": "clause", "offset": [264, 277]}, {"key": "spot-price", "type": "clause", "offset": [288, 298]}, {"key": "business-day", "type": "clause", "offset": [308, 320]}, {"key": "the-day", "type": "definition", "offset": [331, 338]}, {"key": "section-9", "type": "definition", "offset": [385, 394]}, {"key": "approved-financial-institution", "type": "definition", "offset": [421, 451]}, {"key": "in-the-event-the", "type": "clause", "offset": [520, 536]}, {"key": "price-of-gold", "type": "definition", "offset": [709, 722]}, {"key": "held-in-trust", "type": "definition", "offset": [820, 833]}, {"key": "forward-contracts", "type": "clause", "offset": [956, 973]}, {"key": "no-assurance", "type": "clause", "offset": [1045, 1057]}, {"key": "be-protected", "type": "clause", "offset": [1139, 1151]}, {"key": "price-protection", "type": "definition", "offset": [1209, 1225]}, {"key": "for-example", "type": "clause", "offset": [1333, 1344]}, {"key": "an-additional", "type": "clause", "offset": [1489, 1502]}], "hash": "894076e05c897ff49b7eece06f622626", "id": 10}], "next_curs": "ClYSUGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjILEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhZtaW5pbXVtLXByaWNlIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"size": 167, "title": "Minimum Price", "children": [["", ""], ["dairy-code", "Dairy Code"], ["definitions", "Definitions"], ["interpretation", "Interpretation"], ["justification-for-minimum-price", "Justification for Minimum Price"]], "parents": [["prices-and-payment", "Prices and Payment"], ["associate-member-powers-duties-restrictions", "Associate Member Powers Duties Restrictions"], ["fees", "Fees"], ["change-of-law", "Change of Law"], ["pricing-and-payment", "Pricing and Payment"]], "id": "minimum-price", "related": [["guaranteed-maximum-price-gmp", "Guaranteed Maximum Price (GMP", "Guaranteed Maximum Price (GMP"], ["guaranteed-maximum-price", "Guaranteed Maximum Price", "Guaranteed Maximum Price"], ["guaranteed-maximum-price-proposal", "GUARANTEED MAXIMUM PRICE PROPOSAL", "GUARANTEED MAXIMUM PRICE PROPOSAL"], ["minimum-purchase", "Minimum Purchase", "Minimum Purchase"], ["minimum-payment", "Minimum Payment", "Minimum Payment"]], "related_snippets": [], "updated": "2026-04-10T04:42:41+00:00", "also_ask": ["What negotiation leverage does a minimum price clause provide each party?", "Which essential terms must be included to ensure the clause is enforceable?", "What are the main legal risks or loopholes that could undermine this clause?", "How do minimum price clauses compare to price-fixing restrictions under antitrust law?", "What standards do courts use to determine if a minimum price clause is valid and enforceable?"], "drafting_tip": "Specify the minimum price formula, define adjustment mechanisms, and state enforcement remedies to prevent disputes, ensure flexibility, and guarantee compliance.", "explanation": "The Minimum Price clause sets a baseline amount below which a product or service cannot be sold or purchased under the agreement. In practice, this means that regardless of market fluctuations or negotiations, the parties are contractually bound not to transact below the specified minimum price. This clause is commonly used in supply agreements to protect the seller\u2019s revenue or in licensing deals to maintain brand value. Its core function is to ensure price stability and protect against undercutting, thereby safeguarding the financial interests of one or both parties."}, "json": true, "cursor": ""}}