Quarterly Minimum definition

Quarterly Minimum means $100,000,000.
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Quarterly Minimum is defined in SECTION 5.5.3.
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Quarterly Minimum is that minimum dollar amount, which VAR is obligated to pay each calendar quarter to VMARK as a VANTAGE SERVICE PROVIDER which is determined by and associated with each COMMITMENT LEVEL. "PRODUCT SUBLICENSE COMMITMENT" is that minimum dollar amount, determined by COMMITMENT LEVEL, which is paid to VMARK by VAR for all licenses of Product(s) in each product category (Database, Connectivity, and Tools) as defined in Addendum 1 made under this VAR Agreement, between VAR and VMARK during each twelve-month period beginning with the Effective Date, and each anniversary thereof. License revenue for products in one product category do not apply to COMMITMENT LEVEL of other product categories.
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Examples of Quarterly Minimum in a sentence

  • Quarterly Minimum Data Set (MDS) may be used as review or evaluation if its completion time falls within the period the review/evaluation is due.

  • Further, SELLER shall have the right to stop the supplies for not keeping the L/C valid without any prejudice to the rights of SELLER to recover for Quarterly Minimum Guaranteed Offtake (QMGO) charges as per Article06.01 of the Agreement.

  • However, if the Accrued Quarterly Bounties to date in such Contract Year are less than the Quarterly Minimum Payments to date in such Contract Year, no payment shall be due iVillage for any bounties in such Contract Quarter.

  • A library of SCRs may be viewed at https://flh.fhwa.dot.gov/resources/specs/fp- 14/efl/ .

  • If AT&T does not exercise its termination right under Section 10.3, regardless of whether or not the Clickthru Shortfall has been covered in such 3 month period Make Good Period, AT&T will resume making Quarterly Minimum Payments as of the next following Contract Quarter.

  • This Letter of Credit is issued under [Details of Tender/NOA/Contract/Agreement to be mentioned] dated to cover payment for supply of gas by ONGC (Beneficiary) to the Buyer as per AGREEMENT executed between Buyer and Beneficiary and also interest on delayed payment including payment for Quarterly Minimum Guaranteed offtake (QMGO) quantity.

  • Notwithstanding anything contained in the Agreement, the BUYER shall be liable to pay for Quarterly Minimum Guaranteed Offtake of GAS as per provisions of Article 06 hereinafter to the SELLER on account of any defect whatsoever in the BUYER’s intake arrangement.

  • Notwithstanding the foregoing, should Customer fail to place more than [***] of the Quarterly Minimum set forth in Exhibit A for two consecutive quarters, Twist shall have the right to terminate this Agreement.

  • The distribution of products that makes up a Quarterly Minimum for a future quarter may be increased or decreased by no more than [***] at Customer’s sole discretion, so long as Customer provides prior written notice to Twist of such adjustment at least one quarter in advance; adjustments of up to [***] may be made at Customer’s sole discretion so long as Customer provides prior written notice to Twist at least two quarters in advance.

  • The initial Sales Plan developed by the SOC to be in effect at the Target Launch Date, which shall set forth the commercial activities geared towards achieving the Sales Forecast, including, without limitation the Eagle Quarterly Minimum Details and the target number of Promotional Programs, shall be developed by the SOC, approved by TYME and require the written approval of Eagle (which Eagle approval shall not be unreasonably withheld).


More Definitions of Quarterly Minimum

Quarterly Minimum has the meaning set forth in Schedule C.
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Quarterly Minimum means with respect to the Product in the Territory existing as of the Restated MSA Effective Date the dollar amount of the Product purchased by EUSA from Innocoll as follows: ***. Confidential Materials omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment under Rule 406 under the Securities Act of 1933, as amended. Confidential portions are marked: [ *** ]
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Quarterly Minimum means with respect to the Product in the Territory existing as of the Restated MSA Effective Date the dollar amount of the Product purchased by EUSA from Innocoll as follows: (a) for the third (3rd) Calendar Quarter of 2010, the Quarterly Minimum shall be ***, (b) for the fourth (4th) Calendar Quarter of 2010 and the first three (3) Calendar Quarters of 2011, the Quarterly Minimum shall be ***, (c) for the fourth (4th) Calendar Quarter of 2011, the Quarterly Minimum shall be *** and (d) for each of the next Calendar Quarters through the third (3rd) Calendar Quarter of 2014, the Quarterly Minimum shall be ***. Notwithstanding the foregoing, (I) during the first month of each of the Calendar Quarters up until the third (3rd) Calendar Quarter of 2011, EUSA may notify Innocoll in writing that ***, then within a reasonable time following Innocoll’s receipt of such notice the Parties will discuss and agree to ***, and further Innocoll shall have the right to negotiate ***, and (II) from and after the fourth (4th) Calendar Quarter of 2011, EUSA may notify Innocoll in writing that a ***, Confidential Materials omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment under Rule 406 under the Securities Act of 1933, as amended. Confidential portions are marked: [ *** ] then within a reasonable time following Innocoll’s receipt of such notice the Parties will discuss and agree to a mutually acceptable *** in the Quarterly Minimum for ***, and further if EUSA (x) *** or (y) *** pursuant to this Section and *** in certain of those countries in the Territory other than the Western Europe Countries.
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Quarterly Minimum means *** gallons of Oil or such other number of gallons as is mutually agreed upon by the Parties.
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Quarterly Minimum means [***] gallons of Oil or such other number of gallons as is mutually agreed upon by the Parties.
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Quarterly Minimum has the meaning specified therefor in Section 6.
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Related to Quarterly Minimum

  • Minimum Quarterly Distribution means $0.35 per Unit per Quarter (or with respect to the period commencing on the Closing Date and ending on September 30, 2005, it means the product of $0.35 multiplied by a fraction of which the numerator is the number of days in such period and of which the denominator is 92), subject to adjustment in accordance with Section 6.6 and Section 6.9.

  • Quarterly Period means each period of three (3) consecutive months ending on March 31, June 30, September 30, and December 31.

  • Quarterly Distribution means with respect to each Distribution Date, the distribution to be made to the Holders of the Up-MACRO Holding Shares that are Outstanding on the Distribution Date pursuant to priority sixth of Section 5.2(a), which shall consist of the cash on deposit in the Up-MACRO Holding Trust after it makes or receives a payment under the Income Distribution Agreement and makes all other payments or investments in Eligible Treasuries that it is required to make pursuant to such Section 5.2(a).

  • Quarterly Distribution Date means the last Business Day of the month following the end of each calendar quarter after the Effective Date; provided, however, that if the Effective Date is within 45 days of the end of a calendar quarter, the first Quarterly Distribution Date will be the last Business Day of the month following the end of the first calendar quarter after the calendar quarter in which the Effective Date falls.

  • 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.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Quarterly Valuation Date means the last Business Day of the last month of each fiscal quarter of the Trust in each fiscal year of the Trust, commencing November 29, 2002.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Economic Minimum means the lowest incremental MW output level, submitted to PJM market systems by a Market Participant, that a unit can achieve while following economic dispatch.

  • Quarterly Dates means the last Business Day of March, June, September and December in each year, the first of which shall be the first such day after the date hereof.

  • Quarter means, unless the context requires otherwise, a fiscal quarter of the Partnership, or, with respect to the fiscal quarter of the Partnership which includes the Closing Date, the portion of such fiscal quarter after the Closing Date.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Quarterly Excess Available Funds Percentage means, with respect to the July 2008 Transfer Date and each Transfer Date thereafter, the percentage equivalent of a fraction the numerator of which is the sum of the Excess Available Funds Percentages with respect to the immediately preceding three Monthly Periods and the denominator of which is three.

  • Quarterly Date means the last day of each March, June, September and December.

  • Quarterly Dividend Period means the quarterly period commencing on and including a Dividend Payment Date and ending on and including the day immediately preceding the next subsequent Dividend Payment Date.

  • Minimum DSCR means, with respect to a Supplemental Loan, (i) if the Senior Indebtedness bears interest at a fixed rate, 1.25:1, or (ii) if the Senior Indebtedness bears interest at a floating rate, 1.10:1.

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.

  • Quarterly means the 4 inclusive periods from 1 April to 30 June, 1 July to 30 September, 1 October to 31 December and in the following year, 1 January to 31 March;

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Increased Reporting Period means the period commencing after the continuance of an Increased Reporting Event and continuing until the date when no Increased Reporting Event has occurred for 30 consecutive days.

  • Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.

  • Calendar Quarter means the respective periods of three (3) consecutive calendar months ending on March 31, June 30, September 30 and December 31.

  • Actual Minimum means, as of any date, the maximum aggregate number of shares of Common Stock then issued or potentially issuable in the future pursuant to the Transaction Documents, including any Underlying Shares issuable upon exercise in full of all Warrants, without giving effect to (x) any limits on the number of shares of Common Stock that may be owned by a Holder at any one time, or (y) any additional Underlying Shares that could be issuable as a result of any future possible adjustments made under Section 9(d).

  • Quarterly Payment Dates means each March 31, June 30, September 30 and December 31.

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $10,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).