Minimum Purchase Requirements definition

Minimum Purchase Requirements shall have the meaning set forth in Section 3.4.1 of this Agreement.

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Minimum Purchase Requirements means the minimum amount of Products that Amarin shall purchase from Nisshin as specified in Schedule One. A "person" includes any natural person, partnership, company, and unincorporated association.

Minimum Purchase Requirements means (a) from the date of this Agreement to December 31, 2000, at least 350 units of the Systems purchased by ▇▇▇▇▇▇▇▇ from Proton, (b) during calendar year 2001, at least 925 units of the Systems purchased by ▇▇▇▇▇▇▇▇ from Proton, and (c) during calendar year 2002 and each calendar year thereafter during the term of this Agreement, at least 1,000 units of the Systems purchased by ▇▇▇▇▇▇▇▇ from Proton; provided, however, that if -------- -------- Proton has not made the Initial Models of the Systems commercially available prior to [*****], so as to allow ▇▇▇▇▇▇▇▇ to introduce the Systems to the market at the Conference or if Proton has not made the Remaining Models of the Systems commercially available prior to [*****], then so long as such failure is not caused by ▇▇▇▇▇▇▇▇, the foregoing minimum requirements applicable to periods prior to December 31, 2001 (i) shall cease to be applicable to ▇▇▇▇▇▇▇▇ and (ii) shall be revised by the Parties in good faith. If the Parties do not agree on revised minimum requirements in accordance with the foregoing sentence, the matter may be submitted to binding arbitration in accordance with Section 12 of this Agreement.

Examples of Minimum Purchase Requirements in a sentence

• Supplier’s sole and exclusive damages in case of such termination shall be limited to $*** per short ton of Product that remains undelivered under the Minimum Purchase Requirements for the remaining life of the Contract after the filling of all outstanding Work Orders.

• Supplier’s sole and exclusive damages in case of such termination shall be limited to $*** per short ton of Product that remains undelivered under the Minimum Purchase Requirements for the remaining Term of the Agreement after the filling of all outstanding Purchase Orders.

• Halliburton’s sole and exclusive damages in case of such termination shall be limited to $*** per short ton of Product that remains undelivered under the Minimum Purchase Requirements for the remaining life of the Contract after the filling of all outstanding Work Orders.

• Distributor agree that, in order for Distributor to maintain its rights granted herein, Distributor shall be required to satisfy the minimum purchase requirements set forth in Schedule B (Minimum Purchase Requirements of Distributor) attached hereto and made a part hereof.

• In lieu of Omeros taking Delivery of each such [†] Minimum Purchase Requirements of Product, Omeros shall have the option, to be exercised in writing if elected by Omeros, to pay for its Minimum Purchase Requirement at the Price set forth in Exhibit B and waive Hospira’s Processing and Delivery obligations for the corresponding amount of Product.

More Definitions of Minimum Purchase Requirements

Minimum Purchase Requirements has the meaning given to it in Section3.1.

Minimum Purchase Requirements means the minimum quantity of Product purchased by Aerie by Year as indicated in Exhibit B.

Minimum Purchase Requirements has the meaning provided in Section 3.3(d) of this Agreement. “[***] Forecast” has the meaning provided in Section 3.4(b) of this Agreement.

Minimum Purchase Requirements means the minimum purchase requirements set out in Exhibit D as the same may be amended from time to time during the term of this Agreement under the provisions of Clause 7.5;

Minimum Purchase Requirements means the minimum dollar amount of each Product to be purchased by Distributor from Company in the applicable time periods in accordance with Sections 4.4 and 12.3 and as set forth in Exhibit C. Net Sales shall mean the sales price actually charged to customers by or on behalf of Distributor (excluding sales by Distributor to affiliates of Distributor) for the applicable Product or Accessory Product (including any installation costs charged to customer) less sales and use taxes, V.A.T. or other governmental taxes or charges imposed on or at the time of manufacture or sale of the applicable Product or Accessory Product, but excluding any income taxes, and less the actual amount of credit given to customers for returns or replacements of defective Products or Accessory Products, as applicable. Products shall mean the Cryocare Systems, including the Two Probe System and the Eight Probe System and the Accessory Products. Product Improvement shall mean any improvement, redesign or modification of a Product for use in the Field or any cryosurgery product developed or manufactured by Company for use in the Field during the term of this Agreement. Proprietary Rights shall mean any and all secret or confidential information, trade secrets, specifications, tests results, analyses, data, inventions, methods, processes, formulae, compositions, designs, techniques, applications, ideas or concepts, whether or not reduced to practice relating, directly or indirectly, to a Product, including, without limitation, technology that is or could be the subject matter of a foreign or domestic patent or patent application, whether or not reduced to writing in a patent application; any and all copyright, trademark, patent and other applications filed or to be filed in respect to the subject matter to which such rights relate; any and all copyright and trademark registrations and patent and any other registrations obtained and to be obtained with respect thereto and any and all other rights and privileges provided under the copyright, trademark, unfair competition and other laws of the United States, the individual Specifications shall mean the Specifications for the Products as set forth on Exhibit A, as may be modified by the mutual written consent of Company and Distributor from time to time during the term of this Agreement. Territory shall mean any county, possession and territory throughout the world, excluding Canada until Company's existing distribution contract for Canada ...

Minimum Purchase Requirements means [***] of the quarterly amounts set forth in the Initial Product Forecast or Updated Product Forecast, as applicable, subject to the then current Delivery Schedule. [***] Indicates portions of this exhibit that have been omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.

Minimum Purchase Requirements means the minimum annual purchase of the Product for the Territory during each Contract Year, with the first year ending December 31st, 2013, required to retain exclusive rights to use, promote, market, offer for sale, sell and/or distribute the Products and all the rights acquired under this Agreement by Licensee. The Minimum Purchase Requirements are set forth in Schedule “A” of this Agreement.