Minimum Revenue Requirements Sample Clauses

Minimum Revenue Requirements. In the event Distributor fails to meet the minimum revenue requirements set forth in Exhibit A attached hereto, then, notwithstanding anything in this Agreement to the contrary, and at Licensor's election and not obligation, (i) Licensor shall be free to appoint other distributors for its Product Units in the Territory, (ii) Distributor shall not have any exclusive sale, marketing or distribution rights to the Product Units, (iii) the license grant of Section 3 to the Licensor Marks shall terminate, and
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Minimum Revenue Requirements. “Minimum Revenue Requirements” means by Buyer projected revenue to Manufacturer for a period of 12 (twelve) months.
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Minimum Revenue Requirements. Borrower agrees that Borrower's revenues from operations (excluding interest income, extraordinary gains, capital gains from the sale of assets outside the ordinary course of business and investment income earned outside the ordinary course of business) shall, (1) equal at least Eleven Million Five Hundred Thousand Dollars ($11,500,000) for Borrower's fiscal quarter ending October 31, 2002, (2) equal at least Twelve Million Five Hundred Thousand Dollars ($12,500,000) for Borrower's fiscal quarter ending January 31, 2003, and (3) equal at least Eleven Million Five Hundred Thousand Dollars ($11,500,000) for Borrower's fiscal quarter ending April 30, 2003. Except as provided above, all computations made to determine compliance with the requirements contained in this paragraph shall be made in accordance with generally accepted accounting principles, applied on a consistent basis, and certified by Borrower as being true and correct in all material respects.
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Minimum Revenue Requirements. In the event Distributor fails to meet the minimum revenue requirements set forth in Exhibit E attached hereto, then, notwithstanding anything in this Agreement to the contrary, and at Sagent's election and not obligation, (i) Sagent shall be free to appoint other distributors for its Products in the Territory, (ii) Distributor shall not have any exclusive sale, marketing or distribution rights to the Products, (iii) the license grant of Article 3 to the Sagent Marks shall terminate, and (iv) notwithstanding anything to the contrary in Section 5.1 below, the Prices paid by Distributor for the Products shall be equal to [*] percent ([*]) of the applicable List Prices.
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Minimum Revenue Requirements. In the event Concessionaire fails to meet the minimum revenue requirements set forth in Exhibit E attached hereto, then, notwithstanding anything in this Agreement to the contrary, (i) Sagent shall be free to appoint other distributors for its Products in the Territory, (ii) Concessionaire shall not have any exclusive sale, marketing or distribution rights to the Products, (iii) at Sagent's election, and in Sagent's sole discretion, the license grant of Article 3 to the Sagent Marks shall terminate, and (iv) notwithstanding anything to the contrary in Section 5.1 below, the Prices paid by Concessionaire for the Products shall be equal to the applicable List Prices.
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Minimum Revenue Requirements. You must achieve a certain level of revenue each year to maintain your rights to your Territory, as follows: Contract Year Minimum Revenue First Contract Year $0 Contract Year Minimum Revenue Second Contract Year $400,000 Third Contract Year $750,000 Fourth Contract Year $1,000,000 Fifth Contract Year and for Remaining Term of the Franchise Agreement Previous Year’s Minimum + 5% (but not more than $2,500,000) If you do not achieve these minimum revenue amounts then you must pay to us the balance of the minimum annual Continuing Franchise Fee, as described in Section 3.2 below. We do not guarantee that you will be able to meet the minimum required revenue amounts described above or that your Office will achieve any level of revenue or profitability.
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Related to Minimum Revenue Requirements

  • Minimum Requirements Consultant shall, at its expense, procure and maintain for the duration of the Agreement insurance against claims for injuries to persons or damages to property which may arise from or in connection with the performance of the Agreement by the Consultant, its agents, representatives, employees or subconsultants. Consultant shall also require all of its subconsultants to procure and maintain the same insurance for the duration of the Agreement. Such insurance shall meet at least the following minimum levels of coverage:

  • Minimum Revenue Borrower and its Subsidiaries shall have annual Revenue from sales of the Product (for each respective calendar year, the “Minimum Required Revenue”):

  • Payment Requirements ‌ If funding levels are significantly affected by state or federal budget and funds are not allocated and available for the continuance of the function performed by Subrecipient, the Contract may be terminated by the County at the end of the period for which funds are available. The County shall notify Subrecipient at the earliest possible time of any service, which will or may be affected by a shortage of funds. No penalty shall accrue to the County in the event this provision is exercised and the County shall not be obligated nor liable for any damages as a result of termination under this provision of this Contract, and nothing herein shall be construed as obligating the County to expend or as involving the County in any Contract or other obligation for future payment of money in excess of appropriations authorized by law.

  • Funding Requirements If Subrecipient receives funds pursuant to this Contract for more than one program, the funds received by Subrecipient for each program shall be expended only for that program, and Subrecipient shall not expend more funds for any program than are set forth in the Attachment C, Budget Schedule(s) for that program. Subrecipient shall operate continuously throughout the term of this Contract with at least the minimum number and type of staff and volunteers required for provision of the services described. Such staff and volunteers shall be qualified in accordance with all applicable statutes and regulations. Subrecipient agrees to submit to Administrator, upon request, a list of persons, including employees, subcontractors and volunteers, who are to provide such services, and any changes to said list, by name, title, professional degree, and experience. Additional Services. Subrecipient also shall provide the following services to Older Individuals to whom it provides the services described herein in Attachment A with the consent of the Older Individual, or his or her representative, Subrecipient shall bring to the attention of appropriate officials for follow-up, conditions or circumstances which place the Older Individual, or the household of the Older Individual, in imminent danger. Nothing in this paragraph shall be construed to limit Subrecipient’s responsibilities for elder abuse reporting as set forth in this Contract. Coordination of services. Subrecipient shall assure that all services funded under this Contract are coordinated with other appropriate services in the community and that services funded under this Contract do not constitute unnecessary duplications of services provided by other sources. Coordination of resources. Subrecipient shall work collaboratively with County, particularly the Information and Assistance Program (I&A), to ensure that clients who may need any services available through Older Americans Act or Older Californians Act Programs are referred to I&A for assistance in accessing these services.

  • Performance Requirements 1. Neither Party may impose or enforce any of the following requirements, or enforce any commitment or undertaking, in connection with the establishment, acquisition, expansion, management, conduct or operation of an investment of an investor of a Party or of a non-Party in its territory:

  • Service Requirements Grantee shall:

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