Minimum Consignment Payment definition

Minimum Consignment Payment has the meaning set forth in Section 8(c).
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Examples of Minimum Consignment Payment in a sentence

  • The Minimum Consignment Payment shall be pro-rated during the first and last calendar quarters of the Term to reflect the portion of such calendar quarters during which this Agreement is in effect.

  • The Consignment Payment shall be equal to Ten percent (10%) of Consignee’s Net Sales of Consigned Merchandise, plus such additional amount, if any, as may be necessary for Consignee to pay the Minimum Consignment Payment.

  • The Consignment Payment shall be equal to TEN percent (10%) of Consignee’s Net Sales of Consigned Merchandise, plus such additional amount, if any, as may be necessary for Consignee to pay the Minimum Consignment Payment.

  • Regardless of the amount of Net Sales, the Minimum Consignment Payment during any calendar quarter shall be Four Hundred Thousand Dollars ($400,000) (the “Minimum Consignment Payment”); provided, that any payment by Consignee to Lex during any calendar quarter pursuant to the Registration License shall be included for purposes of determining whether Consignee has paid the Minimum Consignment Payment for such calendar quarter.

  • Within thirty (30) days after the end of each calendar quarter any part of which is during the Term, Consignee shall deliver to Consignor (i) a written statement showing all Net Sales during such calendar quarter and (ii) the greater of (A) the Consignment Payment due upon such Net Sales and (B) the Minimum Consignment Payment.

  • During the Extended Period, the Consignment Payment shall be equal to six percent (6%) of Consignee’s Net Sales of Consigned Merchandise, plus such additional amount, if any, as may be necessary for Consignee to pay the Minimum Consignment Payment.

  • During the Initial Period, the Consignment Payment shall be equal to eleven percent (11%) of Consignee’s Net Sales of Consigned Merchandise, plus such additional amount, if any, as may be necessary for Consignee to pay the Minimum Consignment Payment.

Related to Minimum Consignment Payment

  • Minimum Consideration means $.01 per share or such larger amount determined pursuant to resolution of the Board to be “capital” (within the meaning of Section 154 of the Delaware General Corporation Law).

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Minimum Cash Balance means a cash balance to be held by the Debtors on the Effective Date in an amount equal to $75 million plus any amounts received on account of GCI (as defined in the Uniti Term Sheet) reimbursements and Cash Payments (as defined in the Uniti Term Sheet) received by the Debtors on or before the Effective Date.

  • Minimum Collateral Amount means, at any time, (a) with respect to Cash Collateral consisting of cash or deposit account balances, an amount equal to 105% of the Fronting Exposure of the Issuing Lender with respect to Letters of Credit issued and outstanding at such time and (b) otherwise, an amount determined by the Administrative Agent and the Issuing Lender in their sole discretion.

  • Minimum Purchase Amount means an amount that would be sufficient to (i) reduce the Outstanding Amount of each class of Notes on such Distribution Date to zero and (ii) pay to the respective Noteholders the Class A Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Interest Distribution Amount payable on such Distribution Date.