Common use of Authorized Retailer Clause in Contracts

Authorized Retailer. The Retailer has presented the Franchisor with information regarding its qualifications to be appointed a Saturn Retailer. The Retailer, its Retailer Operator and Investors have been evaluated and found to satisfy the Franchisor's standards. The Retailer has also presented to the Franchiser a Marketing Area Plan ("MAP"), stating the Retailer's proposal to develop and operate facilities in a specified Marketing Area to promote, sell and service Products. The Franchiser has accepted this MAP. In reliance upon the Retailer's representations, and on its expressed commitment to the Mission, Philosophy and Values, the Franchisor grants the Retailer a nonexclusive right to: a) buy new Motor Vehicles distributed for resale by Saturn and identified in any Saturn Motor Vehicle Addendum and related Parts and Accessories; and b) identify itself as an authorized Saturn Retailer in the manner and at the location(s) approved by the Franchisor. The Retailer accepts the rights granted and agrees to fulfill its obligations under this Agreement.

Authorized Retailer. The Retailer has presented the Franchisor with information regarding its qualifications to be appointed a Saturn Retailer. The Retailer, its Retailer Operator and Investors have been evaluated and found to satisfy the Franchisor's standards. The Retailer has also presented to the Franchiser Franchisor a Marketing Area Plan ("MAP"), stating the Retailer's proposal to develop and operate facilities in a specified Marketing Area to promote, sell and service Saturn Products. The Franchiser Franchisor has accepted this MAP. In reliance upon the Retailer's representations, and on its expressed commitment to the Mission, Philosophy and Values, the Franchisor grants the Retailer a nonexclusive right to: a) buy new Motor Vehicles distributed for resale by Saturn and identified in any Saturn Motor Vehicle Addendum and related Parts and Accessories; and b) identify itself as an authorized Saturn Retailer in the manner and at the location(s) approved by the Franchisor. The Retailer accepts the rights granted and agrees to fulfill its obligations under this Agreement.