Distributor Approval Sample Clauses

The Distributor Approval clause establishes that the appointment or use of distributors by one party is subject to the prior consent or approval of the other party. In practice, this means that before a company can engage a third-party distributor to sell or market products, it must first obtain written authorization from its contractual partner. This clause helps the approving party maintain control over who represents its products or services, thereby protecting its brand reputation and ensuring that distribution channels meet agreed standards.
Distributor Approval. No Distributor may participate in the Programs as a Distributor unless: (i) ▇▇▇▇▇▇ Bank approves the Distributor’s application; and (ii) Manager and the Distributor (and if applicable, ▇▇▇▇▇▇ Bank) execute a Distribution and Service Agreement with Standard Terms that have been approved by ▇▇▇▇▇▇ Bank pursuant to Section 6.1(C).
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Distributor Approval. Distributor shall comply at its own expense with any requirements for the registration or recording of Distributor with governmental or administrative entities in the Territory. Upon termination or expiration of this Agreement, Distributor shall take all acts necessary at its expense to cancel such registration or recording.
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Distributor Approval. This Agreement is not binding on Distributor until approved and signed on Distributor’s behalf by Distributor’s authorized representative.
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Related to Distributor Approval

  • No Regulatory Approval By CenterState or Charter, if either of their respective boards of directors so determines by a vote of a majority of the members of its entire board, in the event any Regulatory Approval required for consummation of the transactions contemplated by this Agreement shall have been denied by final, non-appealable action by such Governmental Authority or an application therefor shall have been permanently withdrawn at the request of a Governmental Authority.

  • Member Approval The “vote” or “approval” of the Members shall mean approval by a majority percentage of Membership Interest. Members shall vote or approve by their percentage interest as shown on Exhibit A of this Agreement. No annual or regular meetings of the Members are required. However, if such meetings are held, such meetings shall be noticed, held and conducted pursuant to the Act.

  • HSR Approval All applicable waiting periods (and any extensions thereof) under the HSR Act in respect of the Transactions shall have expired or been terminated.

  • Director Approval The Board of Directors of Holdings shall have approved this Agreement and the transactions contemplated herein.

  • Prior Approval The Engineer shall not assign, subcontract or transfer any portion of professional services related to the work under this contract without prior written approval from the State.