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The manufacturer entered into a requirements contract with the retailer, agreeing to supply all the widgets the retailer needs for the next two years.
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The manufacturer entered into a requirements contract with the retailer, agreeing to supply all the widgets the retailer needs for the next two years.
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Related words
requirements contract
Noun
Japanese Meaning
（法律用語）一方の当事者が、もう一方の当事者の必要量に応じた商品またはサービスを供給することに同意し、対価としてもう一方の当事者がその商品やサービスを独占的に第一当事者から調達することを明示的または暗黙的に約束する契約
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