Minimum Purchase Standards definition

Minimum Purchase Standards means Franchisee’s obligation to continuously maintain a three (3) week volume or rotation of inventory in the Rocket Fizz Shop.

Examples of Minimum Purchase Standards in a sentence

  • If Minimum Purchase Standards are not met, SIMPL, at its sole discretion, may void this CIP Agreement.

  • In order to continue as a CIP, the CIP must meet the Minimum Purchase Standards as mutually agreed-upon and stated in Appendix A.

Related to Minimum Purchase Standards

  • Minimum Purchase Price has the meaning set forth in Section 2.04.

  • Minimum Standards means standards of practice that interpret the legal definition of nursing as well as provide criteria against which violations of the law can be determined.

  • Quality Standards means the quality standards published by BSI British Standards, the National Standards Body of the United Kingdom, the International Organisation for Standardisation or other reputable or equivalent body, (and their successor bodies) that a skilled and experienced operator in the same type of industry or business sector as the Contractor would reasonably and ordinarily be expected to comply with, and as may be further detailed in the Specification.

  • State minimum standards means minimum requirements

  • Minimum Order Quantity means the minimum number of batches of a Product to be produced during the same cycle of manufacturing as set forth in a Product Agreement on Schedule B;