Minimum Order Quantity definition
Examples of Minimum Order Quantity in a sentence
In addition to the Minimum Order Quantity obligations set forth in Section 6.2, Distributor shall achieve the minimum Net Sales threshold of [information redacted] (the “Minimum Net Sales Threshold”) for each Calendar Year commencing in the Calendar Year [information redacted].
The Parties may review and adjust the Minimum Order Quantity annually by mutual written agreement, provided that any reduction shall require Knight’s prior written consent in its sole discretion.
Failure by Distributor to meet the Minimum Order Quantity, measured on the same rolling basis, for two (2) consecutive Calendar Years shall constitute a material breach of this Agreement, entitling Knight to terminate this Agreement for cause upon written notice to Distributor.