A take-or-pay contract is a rule structuring negotiations between companies and their suppliers. With this kind of contract, the company either takes the product from the supplier or pays the supplier a penalty. For any product the company takes, they agree to pay the supplier a certain price, say $50 a ton. Furthermore, up to an agreed-upon ceili...
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http://en.wikipedia.org/wiki/Take-or-pay_contract
A contract that obligates the purchaser to take any product that is offered to it (and pay the cash purchase price) or pay a specified amount if it refuses to take the product.
Found on
http://www.encyclo.co.uk/local/20047
The share of securities of each participating investment banker in a new or a secondary offering, or
Found on
http://www.encyclo.co.uk/local/22402
No exact match found.
