Purchase Requirement definition

Purchase Requirement means a minimum aggregate dollar amount of applicable Purchase Commitments (to the extent Eligible Loans are available, offered by Seller to Purchaser, and subject to any Purchase Limitation) that Purchaser agrees to make in a given calendar month.

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Purchase Requirement has the meaning set forth in Section 2(b).

Purchase Requirement means the minimum purchase requirements as set forth in the Products Requirement Sheet(s).

Examples of Purchase Requirement in a sentence

• Each Eligible Loan offered to Purchaser by Seller, in Seller’s sole discretion, up to the Purchase Requirement will be deemed to be subject to a Purchase Commitment upon offer.

• Such Purchase Requirement will go into effect on the first day of such month and will apply for each month going forward until Seller and Purchaser mutually agree in writing to modify such Purchase Requirement.

• For the avoidance of doubt, Seller may, but is not required to offer to Purchaser, an amount of Eligible Loans equal to the Purchase Requirement and its offer of no Eligible Loans or an amount of Eligible Loans that is less than the Purchase Requirement shall not constitute a breach of this Agreement.

• After meeting the Purchase Requirement for any calendar month, upon the mutual agreement between Seller and Purchaser and to the extent Eligible Loans are available, Seller may offer, additional Eligible Loans during such month subject to the Purchase Limitation.

• At least thirty (30) days prior to the first day of each month, or as otherwise agreed between the Parties in writing, Seller and Purchaser will mutually agree as to the Purchase Requirement for such month.

• The time for fulfillment of the Minimum Purchase Requirement shall be extended by the amount of time Supplier takes to replace the non-conforming Product with conforming Product.

• Any such change in the Member Advance Stock Purchase Requirement will be applied as of the implementation date of the change to all new Advances made by the Seattle Bank to the Customer.

• The Member Advance Stock Purchase Requirement provides that the Customer hold a specified amount capital stock in the Seattle Bank in connection with Advance transactions.

• The Customer agrees to be bound by any such change in the Member Advance Stock Purchase Requirement percentage.

• Please Additional Card Members will contribute to the call the number on the back of your Card Purchase Requirement.

More Definitions of Purchase Requirement

Purchase Requirement. The Purchase Requirement for the first partial and the first full calendar quarter shall be based upon the last 24-month forecast submitted to Lilly by Amarin or Elan prior to the Effective Date. Amarin's orders and purchases and Lilly's obligations to supply Permax(R) shall be subject to the following:

Purchase Requirement shall have the meaning set forth in Section 3.1 of this Agreement.

Purchase Requirement means the requirement that, prior to the end of the six month period following the Effective Date, Employee shall purchase Common Stock of the Company with an aggregate purchase price of at least $100,000. If the Employee is reasonably precluded from purchasing the stock necessary to fulfill the Purchase Requirement at the time he desires either due to the Company’s ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ policies or other applicable restrictions under the applicable securities laws, upon written request from Employee, the Company shall sell Employee the requisite number of shares, at the closing price of the stock on the date of purchase, and give due consideration to effecting the registration of such shares under the Securities Exchange Act of 1933, as amended, on a Form S-8 or such other form as the Company shall determine to be appropriate.