Common use of Purchase Limits Clause in Contracts

Purchase Limits. (a) Buyer shall purchase from Seller the following minimum amounts per twelve (12) month period commencing (i) with respect to all Products in Category 1 below, on the Effective Date, and (ii) with respect to all Products in Category 2 below, on the first date on which all Products in any sub-category are available for sale, which amount may increased by mutual consent of the parties. Category 1: Jupiter Metered and Non-Metered Product ** OMITTED PURSUANT TO CONFIDENTIAL TREATMENT REQUEST. ** Category 2: Jupiter Commerical Stack Dryer ** OMITTED PURSUANT Commercial Frontload TO CONFIDENTIAL Stack Frontload/Washer Combo TREATMENT REQUEST. ** For Category 1 Products, the monthly minimum will be ** OMITTED PURSUANT TO CONFIDENTIAL TREATMENT REQUEST. ** and the monthly maximum will be ** OMITTED PURSUANT TO CONFIDENTIAL TREATMENT REQUEST. ** For Category 2 Products, the monthly minimum will be ** OMITTED PURSUANT TO CONFIDENTIAL TREATMENT REQUEST. ** and the monthly maximum will be ** OMITTED PURSUANT TO CONFIDENTIAL TREATMENT REQUEST. ** (b) In the event that Buyer fails to purchase sufficient units of Product to satisfy the minimum requirements for any twelve (12) month period as provided in subsection (a), Buyer shall pay to Seller, as liquidated damages, an amount equal to the minimum number of units set forth in Section 4(a) less the number of units actually purchased in such twelve (12) month period times $45. (c) With respect to Component Parts and Replacement Parts, Buyer shall not be obligated to procure any minimum quantities.

Purchase Limits. (a) Buyer shall purchase from Seller the following minimum amounts per twelve (12) month period commencing (i) with respect to all Products in Category 1 below, on the Effective Date, and (ii) with respect to all Products in Category 2 below, on the first date on which all Products in any sub-category are available for sale, which amount may increased by mutual consent of the parties. Category 1: Jupiter Metered and Non-Metered Product ** OMITTED PURSUANT TO CONFIDENTIAL TREATMENT REQUEST. ** Category 2: Jupiter Commerical Stack Dryer ** OMITTED PURSUANT Commercial Frontload TO CONFIDENTIAL Stack Frontload/Washer Combo TREATMENT REQUEST. ** For Category 1 Products, the monthly minimum will be ** OMITTED PURSUANT TO CONFIDENTIAL TREATMENT REQUEST. ** and the monthly maximum will be ** OMITTED PURSUANT TO CONFIDENTIAL TREATMENT REQUEST. ** For Category 2 Products, the monthly minimum will be ** OMITTED PURSUANT TO CONFIDENTIAL TREATMENT REQUEST. ** and the monthly maximum will be ** OMITTED PURSUANT TO CONFIDENTIAL TREATMENT REQUEST. ** (b) In the event that Buyer fails to purchase sufficient units of Product to satisfy the minimum requirements for any twelve (12) month period as provided in subsection (a), Buyer shall pay to Seller, as liquidated damages, an amount equal to the minimum number of units set forth in Section 4(a) less the number of units actually purchased in such twelve (12) month period times $45.**OMITTED PURSUANT TO CONFIDENTIAL TREATMENT REQUEST. ** (c) With respect to Component Parts and Replacement Parts, Buyer shall not be obligated to procure any minimum quantities.