Common use of Minimum Stocking Requirements Clause in Contracts

Minimum Stocking Requirements. Distributor agrees, during the continuance of this Agreement, to maintain a sufficient stocking level of the Products to fulfill adequately the requirements of all customers and prospective customers in the Territory. Distributor specifically agrees that it shall at all times maintain the minimum inventory levels specified in Exhibit D hereto. Distributor acknowledges that failure to satisfy such minimum inventory requirements shall constitute cause for termination of this Agreement in accordance with the provisions of Section 6.2 hereof.

Appears in 2 contracts

Sources: Distributor Agreement (Lapis Technologies Inc), Distributor Agreement (Lapis Technologies Inc)