Minimum Target Price definition

Minimum Target Price shall have the meaning set forth in Section 7.3(c)(i).
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Examples of Minimum Target Price in a sentence

  • Each Party shall provide the other Party through the DC notice (in advance, if possible) of any [*] and the Minimum Target Price shall automatically be adjusted to reflect such change.

  • The non-Selling Party shall notify the Selling Party if it desires to include in the calculation of the Minimum Target Price a lower price than [*] and the Minimum Target Price shall automatically be adjusted to reflect such lower price.

  • The Selling Party shall use Commercially Reasonable Efforts to obtain and maintain an Approved Price for the Combination Product that is equal to the then-current Minimum Target Price in such country.

  • If the initial Minimum Target Price is not obtained, the Selling Party may elect not to launch the Combination Product in the applicable country and shall not launch without the consent of the other Party.

  • Any voluntary reduction of the Approved Price to a price less than the then-current Minimum Target Price shall first be approved by the non-Selling Party.

Related to Minimum Target Price

  • Target Price means the estimated amount payable to the Contractor for the performance of the Work under a Cost Plus Fixed Fee (CPFF) Contract.

  • 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 Sale Price means (i) with respect to a Receivable (x) that has become 60 to 210 days delinquent or (y) that has become greater than 210 days delinquent and with respect to which the related Financed Vehicle has been repossessed by the Servicer and has not yet been sold at auction, the greater of (A) 55% multiplied by the Principal Balance of such Receivable and (B) the product of the three month rolling average recovery rate (expressed as a percentage) for the Servicer in its liquidation of all receivables for which it acts as servicer, either pursuant to this Agreement or otherwise, multiplied by the Principal Balance of such Receivable or (ii) with respect to a Receivable (x) with respect to which the related Financed Vehicle has been repossessed by the Servicer and has been sold at auction and the Net Liquidation Proceeds for which have been deposited in the Collection Account, or (y) that has become greater than 210 days delinquent and with respect to which the related Financed Vehicle has not been repossessed by the Servicer despite the Servicer’s diligent efforts, consistent with its servicing obligations, to repossess the Financed Vehicle, $1.

  • M2 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 65.70% minus the Additional Required Enhancement Percentage and (ii) the Pool Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (ii) 0.50% of the Cut-off Date Balance.

  • M3 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 85.50% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.