Distributor Authorizations Clause Samples
The "Distributor Authorizations" clause defines the permissions and rights granted to a distributor by the supplier or manufacturer. Typically, this clause outlines the specific products or services the distributor is authorized to sell, the geographic regions in which they may operate, and any limitations or conditions on their authority, such as exclusivity or non-exclusivity. By clearly delineating the scope of the distributor's rights, this clause helps prevent disputes over territory, product lines, or sales channels, ensuring both parties understand the extent of the distributor's role and responsibilities.
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Distributor Authorizations. Liberty Tax represents, warrants and covenants to each of NetSpend and the Issuing Bank that, to the extent related to the Distributor Services, (i) any and all licenses, permits, and other authorizations of Liberty Tax and Franchisee required by federal or state laws (collectively, the “Distributor Authorizations”) have been obtained, are valid and in full force and effect, (ii) the continuation, validity, and effectiveness of all of the Distributor Authorizations shall not be impaired or adversely affected by the terms hereof, (iii) it will maintain in effect the Distributor Authorizations, or obtain new or additional Distributor Authorizations, as necessary to permit it to perform its obligations under this Agreement and the Franchisee Card Program Agreement, as applicable and (iv) the NetSpend Authorized Payment Processer Application submitted to NetSpend by Liberty Tax, together with such documentation and materials provided by Liberty Tax to NetSpend in connection therewith (collectively, the “Application”), is true, correct and complete in all material respects, and Liberty Tax will update the Application from time to time as necessary to cause the Application to remain true, correct and complete in all material
Distributor Authorizations