Order Volume definition
Examples of Order Volume in a sentence
Further, Supplier agrees that Customer may access and use, and permit each Authorised User to access and use, the Services for its intended purpose, in accordance with the specifications confirmed in any Documentation and subject to the terms of this Agreement and the limits on User Count, Order Volume, SKU Count, Feature Set, Channels, and/or other use restrictions specified on the Order Form.
The Supplier may be required to adjust the Charges as necessary in the event of any change in product, project scope, increase in User Count, Order Volume, SKU Count, or misrepresentation of facts by Customer.
During the Term of this Agreement, Premier shall be required to purchase a Minimum Annual Order Volume (“MAOV”) of [***] (“Units”) for each twelve-month period commencing July 1, 2017, and for the six-month period commencing July 1, 2022 and ending December 31, 2022, Premier will be required to purchase [***] Units (the twelve-month periods and the six month period are each a “Contract Period”).
The calculation of the Rolling **** Actual Customer Order Volume shall be based on all Channels supported on the given billing ****.
The first paragraph of Item 2.6 of the Original Agreement shall be amended to read as follows: “Should Company or Manufacturer fail to order or produce the Minimum Order Volume, respectively, as set out under Schedule 3 of this Agreement, the non-performing party shall, within five (5) days after the end of the calendar year, [***].
A "Surge Month" shall be deemed to have occurred when the average daily order volume for any calendar month (measured by the number of discrete orders placed, not the total number of Products ordered) (the "Average Daily Order Volume") exceeds the average of the previous two (2) calendar months Average Daily Order Volume by at least twenty-five percent (25%).
The Final Price of Products shall be calculated based on the Products Transfer Price (PTP) plus Gross Margin (GM), which will vary based on the Total Order Volume (TOV), where the definitions of the above terminologies are as follows: · Products Transfer Price = BOM + MVA + LRP+ applicable Taxes · BOM = ▇▇▇▇ of Materials (all material cost).
Subject to Section 13 herein on Termination, the parties acknowledge, covenant and agree that a party’s receipt of the [***] shall be its sole and exclusive remedy with respect to the other party’s failure to order the Minimum Order Volume in any Contract Year.
Notwithstanding the foregoing payment of the Company on the volume which it was unable to order from the Manufacturer to meet the Minimum Order Volume, the said unordered volume shall belong to the Manufacturer and the Manufacturer may sell the same to third parties in non-US markets.
The Supplier shall calculate its allocation of Indirect Manufacturing Costs per Product by dividing the Indirect Manufacturing Costs across the Budget Order Volume (the "Indirect Manufacturing Cost Product Allocation").