Minimum Quality Threshold definition

Minimum Quality Threshold means, with respect to each product bearing the Licensed ▇▇▇▇, the level of quality necessary to comply: (a) in all material respects, with the respective specifications and technical requirements of JV’s customers applicable to such product; and (b) in all respects, with all statutory and regulatory standards applicable to such product, including without limitation any and all laws or regulations applicable to such product at any of its intended post-manufacture place of use.
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Minimum Quality Threshold means the level of quality, existing as of the Effective Date, of Licensor's products distributed and services provided under the Licensed ▇▇▇▇.
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Minimum Quality Threshold means, with respect to each product or advertising material bearing the TRADEMARK, the level of quality necessary to comply: (a) in all material respects, with the respective specifications and technical requirements of MIP’s customers applicable to such product; and (b) in all respects, with all statutory and regulatory standards applicable to such product or product advertising.
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Examples of Minimum Quality Threshold in a sentence

  • For purposes of this Agreement, "Minimum Quality Threshold" shall mean the level of quality, existing as of the Effective Date, of Licensor's products distributed and services provided under the Licensed ▇▇▇▇.

  • If Licensor reasonably and in good faith believes the samples bearing the Licensed Marks do not meet the Minimum Quality Threshold (as defined below), Licensor shall notify JV in writing, and JV shall have a reasonable period of time (but in no event more than 30 days from the date of receipt of notice) to make the changes and/or corrections that the parties mutually agree are necessary to protect the Licensed Marks.

  • If Licensor reasonably and in good faith believes the samples bearing the Licensed ▇▇▇▇ do not meet the Minimum Quality Threshold (as defined below), Licensor shall notify Licensee in writing, and Licensee shall have a reasonable period of time to make the changes and/or corrections that the parties mutually agree are reasonably necessary to protect the Licensed ▇▇▇▇.

  • If Licensor reasonably and in good faith believes the samples bearing the Licensed ▇▇▇▇ do not meet the Minimum Quality Threshold (as defined below), Licensor shall notify JV in writing, and JV shall have a reasonable period of time (but in no event more than 30 days from the date of receipt of notice) to make the changes and/or corrections that the parties mutually agree are necessary to protect the Licensed ▇▇▇▇.

Related to Minimum Quality Threshold

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $2,500,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).