CONTRACT MINIMUM definition

CONTRACT MINIMUM. The guaranteed minimum dollar value to be placed as part of the base contract award is $10,000 per awardee. The minimum guarantee applies to the base period only. At the time when the aggregate of orders equals or exceeds the guaranteed minimum, the guaranteed minimum will have been met and the Governments obligations regarding the guaranteed minimum will have been satisfied. CONTRACT MAXIMUM: The total amount of all orders placed against all G2S contracts shall not exceed $3,200,000,000 ($3.2B) over the ten
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Examples of CONTRACT MINIMUM in a sentence

  • THE FOLLOWING SUB-SECTION SHALL BE ADDED TO SECTION [4] OF THE CONTRACT: [MINIMUM DISTRIBUTIONS.

Related to CONTRACT MINIMUM

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $2,500,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).

  • Contract Quantity means the total number shares, contracts or other units of the Underlying Instrument that the Client is notionally buying or selling;

  • Normal Minimum Generation means the lowest output level of a generating resource under normal operating conditions.

  • Actual Minimum means, as of any date, the maximum aggregate number of shares of Common Stock then issued or potentially issuable in the future pursuant to the Transaction Documents, including any Underlying Shares issuable upon exercise in full of all Warrants, without giving effect to (x) any limits on the number of shares of Common Stock that may be owned by a Holder at any one time, or (y) any additional Underlying Shares that could be issuable as a result of any future possible adjustments made under Section 9(d).

  • Economic Minimum means the lowest incremental MW output level, submitted to PJM market systems by a Market Participant, that a unit can achieve while following economic dispatch.