Minimum purchase clause
Minimum purchase clause

The following Commercial precedent provides comprehensive and up to date legal information covering:

  • Minimum purchase clause

  1. Definitions

    Minimum Purchase Commitment

    1. means the commitment to [purchase the Minimum Quantities OR place Orders with an aggregate minimum Price] as set out at clause 1.1;

    [Minimum Quantities

    1. has the meaning given to it in [[insert schedule]];]

    [Order

    1. means a written order for Products in the form prescribed by this Agreement[ or in any other form that the parties may agree from time to time in writing];]

    [Price

    1. means the price payable by the Customer in respect of any

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