Minimum Purchase Volume. Distributor shall purchase no less than 30,000 units of the Product ("Units") per month. Any new product(s) later developed will be subject to a separate purchase volume agreement to be determined. The minimum purchase volume shall increase 10% on every annual anniversary of the Effective Date of the Agreement.
Minimum Purchase Volume. During the first six months of this Agreement, the Distributor shall purchase no less than three standard trailer loads per month equaling eighteen trailers at the end of the six month starting from the date of which the contract was executed. Starting from the first day after the six months from the execution date, the distributor shall order no less than 37,440, cases per month ending in twelve months from the date of execution. Distributor agrees to order 41,666, cases per month from the first year anniversary from the date of execution of this contract to six months after the first month of the one year anniversary totaling 250,000, cases of Liquid Ice Energy Drink.
Minimum Purchase Volume. Section 3.2 of the Agreement is hereby deleted in its entirety and replaced by the following new section 3.2:
Minimum Purchase Volume. If Distributor’s purchases of G.E.T. Products fall below Fifteen Million U.S. Dollars (US$15,000,000.00) during any calendar year following December of 2010, and such failure is not due to Supplier’s inability to timely fill reasonably forecasted orders, then (a) Supplier may change Distributor’s exclusive distribution rights under this Agreement to thereafter be non-exclusive effective upon 90 days prior written notice to Distributor , unless (i) Distributor has purchased an aggregate amount of G.E.T. Products at least equal to the shortfall during the calendar year following the shortfall and before the end of the 90-day notice period, or (ii) Distributor’s failure to do so is due to Supplier’s inability to timely fill reasonably forecasted orders; and/or (b) Supplier may terminate this Agreement upon twelve months prior written notice to Distributor, unless (i) Distributor has purchased an aggregate amount of G.E.T. Products during the calendar year following the shortfall at least equal to the sum of Fifteen Million U.S. Dollars (US$15,000,000.00) plus such shortfall or (ii) Distributor’s failure to do so is due to Supplier’s inability to timely fill reasonably forecasted.
Minimum Purchase Volume. New Distributors will not need to start meeting their minimums purchase volume until the 91st day from the date of delivery of their first order of product. The date will be determined by the xxxx of lading provided from the distributor to Pur Beverages, Inc. The minimum purchase volumes are outlined as follows: Starting from the 91st day from the date of the xxxx of lading on the first order, the distributor agrees to order and pay for $5,000 in product each and every month, ending in the twelfth month from the date of contract. In the 13th month from the date of this contract through the 24th month from the date of this contract, the distributor agrees to order and pay for $7,500 in product each and every month. In the 25th month of this contract in perpetuity, the distributor agrees to order and pay for $10,000 worth of product each and every month. The minimums set forth herein are what is required to retain the exclusivity portion of the agreement. The inability to maintain the minimum purchase volumes will not necessarily terminate the agreement, however the inability and/or unwillingness to maintain the minimum purchase volumes will give Pur Beverages, Inc. the right to terminate the agreement and find a more suitable distributor at their sole discretion. Orders after the first year, will not need to be made monthly, and can be made once per quarter
Minimum Purchase Volume. For the first 120 months following the Effective Date of this Agreement, Xxxxxxx District shall purchase a minimum of 6,500,000 gallons of water each month (“Agreed Monthly Minimum Volume”), provided, however, that Xxxxxxx District shall be excused of its obligation to purchase the Agreed Monthly Minimum Volume in any month in which Augusta is unable to furnish that volume or in which Xxxxxxx District suffers a major service interruption similar to that described in Paragraph 9 that limits its ability to receive and distribute water. At the end of this 120-month period, Xxxxxxx District shall not be required to purchase the Agreed Monthly Minimum Volume from Augusta provided it serves upon Augusta notice of its intent to purchase a lesser volume. Such notice must be in writing and must be provided a minimum of 24 months in advance of the first monthly period in which Xxxxxxx District intends to purchase less than the Agreed Monthly Minimum Volume. If Xxxxxxx District does not reduce its purchases below the Agreed Monthly Minimum Volume within 90 days of the start of the period identified in its written notice, Xxxxxxx District’s notice shall be deemed ineffective. Xxxxxxx District’s notice shall not be deemed ineffective if, after reducing its purchases in accordance with its notice, it subs volume of water equal or above the Agreed Monthly Minimu
