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Saturday, August 27, 2022 12:44:31 PM
Thompson Reuters Practical Law
Minimum Purchase Commitments
The parties should determine if the distributor will have a minimum purchase or order commitment. If so, the distribution agreement should include terms that specify:
How the minimum purchase or order commitment will be measured (for example, see Standard Document, Distribution Agreement (Pro-Seller): Section 8.06).
The seller's remedies for the distributor's failure to meet its minimum purchase or order commitment (for example, the right to terminate the agreement or receive liquidated damages).
https://uk.practicallaw.thomsonreuters.com/w-004-7296?contextData=(sc.Default)&transitionType=Default&firstPage=true
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