Common use of Minimum Purchase Clause in Contracts

Minimum Purchase. You agree to purchase a minimum of 20 cases of product annually for each machine provided by Us. We will begin tracking the product purchase minimums starting the first full calendar month after the machine(s) are installed in Your location(s). In the event that You fail to purchase the annual minimum We will force out the product shortfall through the Distributor at the agreed upon product price, or Invoice You $45.00 for each case that you are short of the annual minimum. Payment for any case shortfall shall be due immediately upon receipt of invoice;

Appears in 5 contracts

Samples: Machine Bundle Agreement, Machine Bundle Agreement, Machine Bundle Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.