Minimum Purchase Levels Sample Clauses

Minimum Purchase Levels. (a) During each calendar year following the Effective Date (each a “Minimum Period”), for a period terminating on December 31, 2015 (the “Minimums Term”), Xxxxxx shall be obligated to purchase minimum volumes (the “Minimum Purchase Levels”) of the Product as follows: [*****] Confidential portions of this document have been redacted and filed separately with the Securities and Exchange Commission. Minimum Period (Calendar Year) Minimum Purchase Levels (50 mL vials) 2010 [*****] 2011 [*****] 2012 [*****] 2013 [*****] 2014 [*****] 2015 [*****]
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Minimum Purchase Levels. (a) Commencing on the second calendar year following the calendar year in which Chiesi received the Reimbursement Approval in at least [*****] Major Countries (each a “Minimum Period”) and without derogating from Section 4.2(e) above, Chiesi shall be obligated to achieve a minimum annual purchase level of Product (in vials) for the whole Territory (the “Minimum Purchase Levels”) as follows: Minimum Period Minimum Purchase Levels in all countries in the Territory [*****] [*****] [*****] [*****] [*****] [*****] [*****] [*****] [*****] [*****]
Minimum Purchase Levels. (a) During each calendar year following the Effective Date (each a “Minimum Period”), for a period terminating on December 31, 2017 (the “Minimums Term”), Baxter shall be obligated to purchase minimum volumes (the “Minimum Purchase Levels”) of the Product as follows: Minimum Period (Calendar Year) Minimum Purchase Levels (50 mL vials) 2010 [*****] 2011 [*****] 2012 [*****] 2013 [*****] 2014 [*****] 2015 [*****] 2016 [*****] 2017 [*****] [*****] Confidential portions of this document have been redacted and filed separately with the Securities and Exchange Commission. Third Amendment to the Exclusive Manufacturing, Supply and Distribution Agreement
Minimum Purchase Levels. During the Term of this Agreement, Distributor shall use commercially reasonable efforts to meet or exceed the minimum purchase levels ("Minimum Purchase Levels") set forth in Exhibit A. Distributor shall be deemed to have failed to meet or exceed the Minimum Purchase Levels if payments by Distributor to Supplier for invoices on Products within a Product category do not equal or exceed the applicable quarterly Minimum Purchase Levels set forth in Exhibit A. In such event, Supplier may, at its sole discretion, either: (a) convert any exclusive grant of distribution rights pursuant to this Agreement to a non-exclusive grant with respect to the Product(s) in the Product category(ies) for which the Minimum Purchase Levels were not achieved; (b) remove any Product in such Product category(ies) from Exhibit A; (c) reduce or otherwise modify Distributor's Territory; or (d) terminate this Agreement, in each case upon thirty (30) days prior written notice to Distributor.
Minimum Purchase Levels. (i) Distributor shall purchase Products by the Skid (30,000 pieces or as determined by Supplier). No partial or split Skid orders will be accepted unless agreed to in advance by Supplier. Supplier reserves the right to increase the minimum order quantity for any Product. This may affect delivery times accordingly;
Minimum Purchase Levels. (a) During each calendar year following the Effective Date (each a “Minimum Period”), for a period terminating on December 31, 2021 (the “Minimums Term”), Baxalta shall be obligated to purchase minimum volumes (the “Minimum Purchase Levels”) of the Product as follows: Minimum Period (Calendar Year) Minimum Purchase Levels (50 mL vials) 2010 [*****] 2011 [*****] 2012 [*****] 2013 [*****] 2014 [*****] 2015 [*****] 2016 [*****] 2017 [*****] 2018 [*****] 2019 [*****] 2020 [*****] 2021 [*****]
Minimum Purchase Levels. Distributor will satisfy the Minimum Purchase Levels as set forth in the annexed Schedule B.
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Minimum Purchase Levels. The Company shall have the following minimum purchase levels:
Minimum Purchase Levels 

Related to Minimum Purchase Levels

  • Minimum Purchase Broker-Dealer shall not sell fewer than $5,000 in Notes to any purchaser without the prior written consent of Issuer.

  • Minimum Purchase Requirements Distributor shall make the minimum annual purchase of Products established in Exhibit B, unless the Agreement has become coexclusive. In the period within the fixed term and extension, if applicable, of the Agreement under Section 10(a) subsequent to [ * ], the parties shall meet in San Francisco at least [ * ] prior to the beginning of each of respective year to discuss market conditions and appropriate minimum purchases for such year. In the event that the parties fail to agree on an appropriate minimum any year subsequent to [ * ], the minimum annual purchase requirement for such year shall be calculated increasing or decreasing (as the case may be) the minimum purchase requirement for the preceding year in proportion to the increase or decrease in the [ * ] (based on data from mutually acceptable data provider) of the applicable product in the Territory. In the event Supplier is unable to deliver Products ordered by Distributor in an amount consistent with the most recent forecast, then the minimum annual purchase requirement shall be reduced by the quantity of Products that Supplier is unable to deliver when requested. In the event Distributor fails in any year (a “Shortfall Year”) to make the annual minimum purchase of Agreement Products required by Exhibit B, Supplier shall have the right to give Distributor written notice of default, and if such failure to make the minimum purchase is not cured (through the purchase of an amount of Agreement Product equal to the entire shortfall in the Shortfall Year, which amount shall not be counted towards any minimum purchase requirements for the year of purchase) within [ * ] of receipt of the notice, then Supplier shall have the right, in Supplier’s sole discretion and as Supplier’s sole remedy for Distributor’s failure to meet the minimum purchase requirements hereunder, either to convert the appointment of Distributor from exclusive to non-exclusive or to terminate this Agreement. In the event of either conversion to non-exclusive or termination of this Agreement pursuant to this Section 3(e), the Supplier shall pay Distributor a conversion fee equal to [ * ], and Distributor shall transfer all Regulatory Approvals relating to BMS or DES in the Territory to Supplier.

  • Minimum Sales 4.1 The minimum volume of sales of the Products that CSR commits to use its best efforts to achieve in the Territory on an annual basis in the first Agreement Year is 60,000 gallons (avg. 5,000 gallons per month). RCAI will review the annual volumes of sales of the Products prior to the beginning of any successive term during which this Agreement may continue and RCAI may change and adjust such minimums as it, in its sole judgment, sees fit.

  • Minimum Payments If the Executive’s Termination Date occurs during the Agreement Term for any reason, the Executive shall be entitled to the following payments, in addition to any payments or benefits to which the Executive may be entitled under the following provisions of this Section 5 (other than this paragraph 5(a)) or the express terms of any employee benefit plan or as required by law:

  • Maximum Leverage Permit, as of any fiscal quarter end, the ratio of (a) Adjusted Portfolio Equity as of such fiscal quarter end to (b) Funded Debt as of such fiscal quarter end, to be less than 5.00 to 1.00.

  • Threshold Neither the Seller nor the Purchaser shall be required to make any indemnification payment pursuant to Section 8.1 or 8.2, respectively, until such time as the total amount of all Damages that have been directly or indirectly suffered or incurred by an Indemnified Party, or to which an Indemnified Party has or otherwise becomes subject to, exceeds $50,000 in the aggregate. At such time as the total amount of such Damages exceeds $50,000 in the aggregate, the Indemnified Party shall be entitled to be indemnified against the full amount of such Damages (and not merely the portion of such Damages exceeding $50,000).

  • Minimum Condition Section 1.1(a).........................................2

  • Minimum Shareholders’ Equity The Borrower will not permit Shareholders’ Equity at the last day of any fiscal quarter of the Borrower to be less than $500,000,000 plus 25% of the net proceeds of the sale of Equity Interests by the Borrower and its Subsidiaries after the Ninth Amendment Effective Date (other than proceeds of sales of Equity Interests by and among the Borrower and its Subsidiaries).

  • Sales Milestones Subject to the terms and conditions set forth in the Agreement, in the event that the Annual Net Sales made by or on behalf of a Selling Entity for all Licensed Products in a given calendar year first exceeds a threshold set forth in the table immediately below, Pyxis shall pay to LCB the following one-time, non-refundable, non-creditable milestone payments. Annual Net Sales Milestone Threshold Payment (US Dollars) [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] In the event that in a given calendar year more than one (1) Annual Net Sales milestone threshold is achieved, Pyxis shall pay to LCB each separate Annual Net Sales milestone payment with respect to each Annual Net Sales milestone threshold that is achieved in such calendar year. Pyxis shall notify LCB in writing upon the first achievement, in respect of a Licensed Product, by or on behalf of Pyxis or its Affiliate or Sublicensee, of each of the Milestones set forth in Section 5.2 (Development Milestones), Section 5.3 (Regulatory Milestones) and Section 5.4 (Sales Milestones) no later than [***] of Pyxis’s knowledge of achievement thereof, and in any event, each of the Milestones set forth in Section 5.4 (Sales Milestones) no later than [***] after the end of the applicable calendar year in which such Milestone is achieved. No later than [***] of receipt of an appropriate invoice from LCB, Pyxis shall pay the applicable payment due upon achievement of the corresponding Milestone Event. Each Milestone Event shall be deemed to be achieved once for all Licensed Products and shall be payable only once.

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