Minimum Purchase Level definition

Minimum Purchase Level means the EX-FACTORY value of Products that must be purchased and paid for annually by Distributor from Company, as set forth on Schedule B.
Minimum Purchase Level means the EX-FACTORY value of Products that must be purchased and paid for annually by Distributor from Company, as set forth on Schedule B. "Party" means Company or Distributor, and "Parties" means Company and Distributor. "Price List" shall mean Company's price list to be provided to Distributor, as revised by Company at any time and from time to time in Company's sole discretion. "Product" or "Products" means one, several, or all of the products listed on Schedule A, including any subsequent versions of such Products. 3 "Purchase Order" shall mean a firm order from Distributor specifying the amount of each Product to be purchased by and delivered to Distributor. "RGA Procedure" means the returned goods authorization (RGA) procedure specified in Schedule C, as revised by Company from time to time pursuant to this Agreement. "Sample(s)" shall mean a Product to be provided to a potential purchaser for use in evaluating the performance of the Product. “Scheduling Order” shall have the meaning given to such term in Section 3.6 hereof. "Term" has the meaning given to such term on Schedule A hereto. "Territory" has the meaning given to such term on Schedule A hereto. "Tester" shall mean a Product provided by Company to Distributor for use in demonstrating the features and benefits of the Product to potential purchasers. "Third Party" shall mean any person or entity that is not a Party or an Affiliate of a Party. “Trademarks” shall have the meaning given to such term on Schedule A hereof.

Examples of Minimum Purchase Level in a sentence

  • The Minimum Purchase Level may be reached by RELIANT by purchasing API for Sample Product at the price for Trade Product, or by paying the difference between actual Trade Product bought during the respective Commercialization Year and the Minimum Purchase Level in that year.

  • The Base Minimum Purchase Level may be reached by RELIANT by purchasing API for Sample Product at the price for Trade Product, or by paying the difference between actual Trade Product bought during the respective Commercialization Year and the applicable Base Minimum Purchase Level in that year.” In addition, the Original Agreement shall be amended by adding thereto new Schedule 6.1 in the form attached hereto as Exhibit C.

  • The Base Minimum Purchase Level may be reached by RELIANT by purchasing API for Sample Product at the price for Trade Product, or by paying the difference between actual Trade Product bought [***]: Certain information on this page has been omitted and filed separately with the Commission.

  • In the event that the Parties agree not to increase the Minimum Purchase Levels or agree to increase the Minimum Purchase Levels only in future Minimum Periods, the Minimum Purchase Levels for each Minimum Period shall equal the Minimum Purchase Level in the previous year.

  • Following Full Regulatory Approval, the Full Base Minimum Purchase Level shall be calculated as follows: [***] provided, however, that, in no event, shall the Full Base Minimum Purchase Level exceed $[***] for any Post Full Commericialization Year before 2014, and in no event, shall the Full Base Minimum Purchase Level exceed USD [***] for any Post Full Commericialization Year including any time period in or after 2014.

  • Provided that Dealer has purchased from the Ferretti Group either [****] of Target Sales or [****] of its Minimum Purchase Level ("MPL") for the 2003-2004 year as set forth on Exhibit D [****], and is not otherwise in material breach of its obligations, the Agreement will be extended by one (1) year.

  • In addition, Baxalta shall notify Kamada no later than [*****], of Baxalta’s requirements of additional Product in the 2021 Minimum Period in excess of the [*****] 50 ▇▇ ▇▇▇▇ Minimum Purchase Level for 2021.

  • Distributor agrees that it expects to purchase the Minimum Purchase Level of the Products as described in Schedule B.

  • Following Full Regulatory Approval, the Full Base Minimum Purchase Level shall be calculated as follows: [***] provided, however, that, in no event, shall the Full Base Minimum Purchase Level exceed $[***] for any Post Full Commercialization Year before 2014, and in no event, shall the Full Base Minimum Purchase Level exceed USD [***] for any Post Full Commercialization Year including any time period in or after 2014.

  • Following Full Regulatory Approval, the Full Base Minimum Purchase Level shall be calculated as follows: [***] provided, however, that, in no event, shall the Full Base Minimum Purchase Level exceed [***] for any Post Full Commericialization Year before [***], and in no event, shall the Full Base Minimum Purchase Level [***] for any Post Full Commericialization Year including any time period in or after 2014.