Maximum Annual Volume definition
Examples of Maximum Annual Volume in a sentence
During the Term, Integrated Brands shall deliver such Products to such Customers in the Territories in accordance with its election; provided, however, that during each Year, the maximum volume of Products that may be delivered by Integrated Brands in each Territory is that number of units which, when multiplied by the applicable Service and Delivery Charges, shall result in the Maximum Annual Volume for that Territory.
To avoid doubt, the addition or withdrawal of Products and/or grades of Products does not affect the Maximum Annual Volume.
If Siouxland produces ethanol in excess of the Maximum Annual Volume Requirement, ADM will have the right, but not the obligation, to purchase the excess ethanol from Siouxland, and sell it under this Agreement.
ADM shall have no obligation to purchase more than the Maximum Annual Volume Requirement during the Initial Term or any Renewal Term, in approximately equal quarterly amounts.
Maximum Annual Volume (**) **** applications ------------------------------------------------------------------------------------------ ** Measured from the preceding 12 month period as of each annual anniversary of the Effective Date of the Agreement, adjusted for the succeeding twelve (12) month period according to the Volume Upgrades in II below.