Minimum AP Amount

Example Definitions of "Minimum AP Amount"
Minimum AP Amount. Shall be defined as: For Year 1: *** Percent (***%) of Net Sales of Licensed Products; For Year 2: *** Percent (***%) of Net Sales of Licensed Products; and For Year 3 and for each succeeding Year: Five Percent (5%) of Net Sales of Licensed Products.
Found in CALIFORNIA PIZZA KITCHEN, INC. contract
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