Additionally, the annual minimum purchase
requirement has been modified to provide for no minimum purchases
in 2004 or 2005 with minimum purchases
in subsequent years being fixed at the highest sales level in any prior year.
The terms of the agreement provide for minimum purchases
by Dancohr of approximately $10 million of Oculus' product over the five-year term of the agreement with the majority of payments to be made in the final three years of the agreement.
If SoloPak does not exercise its option, the minimum purchases
for the second half of 1996 and for 1997 will be substantially higher than those in the earlier period of the agreement.
and Canada and escalating minimum purchases
per year during the remainder of the agreement.
Per the terms of the agreement, OMRIX will commit to certain minimum purchases
of cryo and have a right of first refusal to additional supply of cryo, thereby obtaining the necessary amounts to meet its entire BAC production demands.
The agreement further provides for minimum purchases
in the third year of $1,700,000.
75 million USD in sales to the company annually based on minimum purchases
Thad Morris, president and CEO of DDI, stated, "The multi-country agreements are the result of several months of negotiations whereby Bio-Diagnostica has agreed to annual minimum purchases
in each of the three countries.
Effective January 3rd, 2006, the Sprott Canadian Equity Fund will be available to all residents of Canada with an initial purchase minimum of $5,000, and subsequent minimum purchases
Total 10-year minimum purchases
will be 1,600 vending machines and 8.
Attorneys for Nickel also stated :"Under two Agreement(s) PURE is specifically prohibited from any competing activity in the United States, and required to make minimum purchases
and meet development objectives in the United States, all of which it has refused to perform.
In 2006, Brandchain is required to provide Mace with minimum purchases