Minimum Quantity definition

Minimum Quantity means one dollar ($1.00) in United States Currency, which is the minimum amount of Services that shall be ordered by the City pursuant to this Agreement.
Minimum Quantity means 10% less than the Total Quantity;
Minimum Quantity shall have the meaning set forth in Section 2.6.

Examples of Minimum Quantity in a sentence

  • The Customer must lodge the Minimum Quantity of Parcels during each year of the Term.

  • If on each anniversary of the Service Commencement Date, the Customer has failed to lodge the Minimum Quantity of Parcels for the preceding year, Australia Post may, by notice in writing, require the Customer to pay (within 14 days of the date of receipt of the notice), an amount equal to 1.5% of the total Service Fees levied under this Service Schedule for each 10% shortfall (or part thereof) between the number of Parcels actually lodged and the agreed Minimum Quantity (“Shortfall Amount”).


More Definitions of Minimum Quantity

Minimum Quantity means 10% less than the Quantity for the relevant Period;
Minimum Quantity means one hundred percent (100%) of the product of the DCQ and the number of days in each month of the Delivery Period, as reduced by circumstances of force majeure.
Minimum Quantity means one hundred and twenty-five thousand cubic meters (125,000 m3) of LNG.
Minimum Quantity has the meaning given under Clause 32.7 of Schedule 1;
Minimum Quantity means 90% (ninety per cent) of the Total Quantity;
Minimum Quantity means one hundred and twenty-five thousand cubic meters (125,000 m3).
Minimum Quantity means the minimum quantity of Goods that are permitted to be ordered as stated on the Company’s price lists from time to time or communicated by the Company to the Buyer.