No Minimum Purchase Commitment Sample Clauses
The No Minimum Purchase Commitment clause establishes that the buyer is not obligated to purchase a specific minimum quantity of goods or services from the seller. In practice, this means the buyer can order as much or as little as needed, without facing penalties or breaching the agreement for failing to meet a set volume. This clause provides flexibility for the buyer, ensuring they are not locked into purchasing more than their actual requirements and reducing the risk of excess inventory or unnecessary expenditure.
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No Minimum Purchase Commitment. Except as set forth in Section 5 (Forecast), nothing contained herein shall be construed as creating an obligation in Stratus to order or purchase any minimum quantity of Products.
