Purchase Requirements definition
Purchase Requirements. As set forth in Section 3.2 of the Agreement Minimum order quantity per Firm PO: [***] Sales price: [***] * Note: [***] All Product prices as set forth in the table above (“Prices”) are calculated based on volume of Product ordered and purchased in a calendar year in each Firm PO. All Prices shall be [***]. Payment shall be made to account stated on the invoice. Invoices shall be paid in accordance with the terms set forth in the Agreement, notwithstanding anything to the contrary indicated on the invoice provided. Price adjustment: At either Party’s request, ▇▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇ will jointly review cost saving factors at the end of each calendar year, in relation to ▇▇▇▇▇▇▇▇▇’▇ or ACADIA’s investments and make any necessary adjustments to the price with regard to the benefits coming from such cost savings. In principle, any cost saving arising out of any investment made by a Party shall be passed along to the Party responsible for cost savings. In the event of any substantial increase [***] in the manufacturing cost of the Product, such as prices of raw materials, energy or utilities, the Parties shall [***] forthwith meet and negotiate in good faith to mutually agree on a revision to the Price consistent with the substantial increase in manufacturing cost of the Product. ▇▇▇▇▇▇▇▇▇ agrees to provide supporting information and documentation as reasonably requested by ACADIA to evidence such substantial increase in manufacturing costs. ▇▇▇▇▇▇▇▇▇ shall have the right to request negotiations as described in this paragraph no more than once per calendar year during the term of this MSA Attachment No.3. The parties will both use commercially reasonable efforts to reach agreement on the revision to the Price within [***] days after receipt by ACADIA of the request and such information and documentation. Cancellation fees: If ACADIA terminates the Agreement or this MSA Attachment No.3 other than in accordance with Section 12.3 or Section 12.7 of the Agreement, then ACADIA shall pay [***] If ACADIA is [***], ▇▇▇▇▇▇▇▇▇ shall [***] in accordance with this MSA Attachment No.3 and the Agreement unless ACADIA provides written notice to ▇▇▇▇▇▇▇▇▇ that it elects [***]. As described in Section 12.5 of the Agreement, the amounts described above shall be in lieu of any termination amounts described in the Agreement including Section 12.5(a) – (d). Storage Fee: CHF [***] per pallet/month; provided, that storage for the first [***] months after release of the Product is consi...
Purchase Requirements has the meaning set forth in Section 4.1.1.
Purchase Requirements means the Minimum Spending Requirements, the Minimum Cartridge Purchase Quantity and the binding portion of each Forecast.
Examples of Purchase Requirements in a sentence
For each New Application obtained principally through the efforts of SMI, but not for other New Applications, the Parties agree to negotiate in good faith to adjust the Products Minimum Annual Purchase Requirements taking into consideration reasonable expectations of market increase for such New Application and any reasonable expectation of market decrease for existing Permitted Clinical Applications of Products.
Supplier’s sole and exclusive damages in case of such termination shall be limited to $*** per short ton of Product that remains undelivered under the Minimum Purchase Requirements for the remaining life of the Contract after the filling of all outstanding Work Orders.
Supplier’s sole and exclusive damages in case of such termination shall be limited to $*** per short ton of Product that remains undelivered under the Minimum Purchase Requirements for the remaining Term of the Agreement after the filling of all outstanding Purchase Orders.
Halliburton’s sole and exclusive damages in case of such termination shall be limited to $*** per short ton of Product that remains undelivered under the Minimum Purchase Requirements for the remaining life of the Contract after the filling of all outstanding Work Orders.
WDC may, but will not be obligated to, request that Komag provide Units in excess of the Purchase Requirements.
More Definitions of Purchase Requirements
Purchase Requirements means such quantities of Product in form of bulk tablets as Licensee its Affiliates and its sublicensees have committed for a particular quarter in accordance with Section 7.2.
Purchase Requirements refers to Lucent's obligations under Section 3.B of the Agreement. AGERE/LUCENT PROPRIETARY 6 For purposes of the foregoing paragraph, the term "other customers" shall exclude Affiliates of Agere, distributors, resellers, sales agents, federal, state, municipal and other governmental entities. Further, the following sales shall not be considered in any price comparisons: market entry sales, promotional offers or the provision of laboratory, trial, test and demonstration Product. Buyer shall have the right, no more than once a Fiscal Year during the term of this Agreement or one Fiscal Year thereafter, at its own expense, to examine the applicable books and records of Seller in order to verify that Buyer has received Most Favored Pricing pursuant to the terms of this Agreement, and prompt adjustment shall be made to compensate for any errors or omissions disclosed by such audit. Any such audit shall be conducted by an independent certified public accountant firm chosen by Buyer (other than on a contingent fee basis) and approved by Seller, and shall be conducted during regular business hours at Seller's offices and in such a manner as not to interfere with Seller's normal business activities. Any audits shall cover only the most recent previous Fiscal Year period. If Buyer request an audit, Buyer shall make available to Seller the records and reports pertaining to such audit prepared by the independent auditor(s) that conducted such audit. AGERE/LUCENT PROPRIETARY 7 ATTACHMENT 1 July 17, 2002 ▇▇. ▇▇▇▇▇▇ ▇. deBlasi Vice President Intellectual Property Business & Law Agere Systems ▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ Re: INTELLECTUAL PROPERTY MATTERS Dear ▇▇▇▇▇: This is to confirm that in previous communications, Agere Systems Inc. ("Agere") and Lucent Technologies Inc. ("Lucent") have agreed as follows:
Purchase Requirements. BSC will purchase GB Wet Tantalum Capacitors for use in BSC's * devices for the minimum annual percentage of BSC hybrids per the pricing table below.
Purchase Requirements means the number of Units WDC is required to purchase and Komag is required to sell under Section 4.1. -4- ------------------------------------------ "[***]" INDICATES REDACTED INFORMATION FOR WHICH CONFIDENTIAL TREATMENT IS REQUESTED ------------------------------------------
Purchase Requirements. [All (100%) of ACADIA’s requirement of API/Product] Minimal order quantity: One batch of ___kg Sales price: CHF .00 per kg Price increase: [TBD] Storage Fee: [TBD] _________ _________ Siegfried ACADIA ………………………………………. ………………………………………. Name / function Name / function ………………………………………. ………………………………………. Name / function Name / function _________ _________ Siegfried ACADIA This Change Order is made to the MSA Attachment No [#] dated [Date], between ▇▇▇▇▇▇▇▇▇ [Entity] (▇▇▇▇▇▇▇▇▇) and ACADIA [Entity] (ACADIA) under the Master Services Agreement dated ……… (the Agreement). The following changes are hereby made to the MSA Attachment (attach additional pages if necessary):
Purchase Requirements of SORIN/ELA'S Feedthrough demand to be purchased from GB
Purchase Requirements of BSC's demand for Case Halves will be purchased from GB