Purchase Requirements definition

Purchase Requirements. As set forth in Section 3.2 of the Agreement Minimum order quantity per Firm PO: [*…***…] Sales price: [*…***…] * ***Confidential Treatment Requested * 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, Siegfried and ACADIA will jointly review cost saving factors at the end of each calendar year, in relation to Siegfried’s 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. Siegfried agrees to provide supporting information and documentation as reasonably requested by ACADIA to evidence such substantial increase in manufacturing costs. Siegfried 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 [* *** ], Siegfried shall […***…] in accordance with this MSA Attachment No.3 and the Agreement unless ACADIA provides written notice to Siegfried 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...
Purchase Requirements means the Minimum Spending Requirements, the Minimum Cartridge Purchase Quantity and the binding portion of each Forecast.
Purchase Requirements has the meaning set forth in Section 4.1.1.

Examples of Purchase Requirements in a sentence

  • All of the Product to be provided under Section 4.1 (Minimum Purchase Requirements) have been manufactured, handled and stored in accordance with all applicable Laws, including the current Good Manufacturing Practice, Quality System standards set forth in 21 C.F.R. Part 820, and, as applicable, good clinical laboratory practices.

  • Provided that Reseller meets all of the criteria set forth in F5 Channel Partner Policies and Procedures and the F5 Partner Program, and has met its Minimum Purchase Requirements, then the Agreement will automatically renew for successive one-year terms (each an "Extension Term"), unless earlier terminated in accordance with this Agreement.

  • At the Company's sole discretion it may, under special circumstances, such as with Distributors that sell highly specialized products that the Company does not make available, reduce the Minimum Annual Purchase Requirements of Product.

  • If the Distributor does not fulfil its Minimum Purchase Requirements (if any), GNR shall have the right to terminate this Agreement immediately by written notice to Distributor.

  • Indevus may use any API produced by Helsinn and delivered prior to the date of this Agreement, including validation batches of API (“API Inventory”), as launch stocks and/or to satisfy Indevus’s requirements to order any API quantities subject to any Binding Portion of a forecast or purchase order requirements provided under this Agreement including the Minimum Purchase Requirements, subject to compliance with applicable laws and other provisions of this Agreement.


More Definitions of Purchase Requirements

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 Xx. Xxxxxx X. deBlasi Vice President Intellectual Property Business & Law Agere Systems 0 Xxx Xxx Xxxxxxxx Xxxxxxx, Xxx Xxxxxx 0000 Re: INTELLECTUAL PROPERTY MATTERS Dear Xxxxx: This is to confirm that in previous communications, Agere Systems Inc. ("Agere") and Lucent Technologies Inc. ("Lucent") have agreed as follows:
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 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 of SORIN/ELA'S Feedthrough demand to be purchased from GB
Purchase Requirements means the number of Units WDC is required to purchase and Komag is required to sell under Section 4.1.
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] Xxxxxxxxx [Entity] _________ _________ Siegfried ACADIA ………………………………………. ………………………………………. Name / function Name / function ACADIA [Entity] ………………………………………. ………………………………………. Name / function Name / function _________ _________ Siegfried ACADIA ANNEX B – Sample Change Order Change Order No. [#] This Change Order is made to the MSA Attachment No [#] dated [Date], between Xxxxxxxxx [Entity] (Xxxxxxxxx) 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 a minimum of * % of BSC's Low and Medium rate battery demand for * devices to be purchased from Seller.