Exclusive Authorization Sample Clauses
The Exclusive Authorization clause grants one party the sole right to perform certain actions or represent another party in a specific context. Typically, this means that only the authorized party can carry out activities such as selling products, negotiating deals, or providing services on behalf of the other party, and no other individuals or entities are permitted to do so during the agreement term. This clause is used to prevent competition or conflicting interests, ensuring that the authorized party has a clear and uncontested mandate, which helps avoid disputes and confusion over representation or rights.
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Exclusive Authorization. 3. The Company appoints the Bottler as its sole and exclusive purchaser of the Concentrates for the purpose of manufacture, packaging and distribution of the Beverages under the Trademarks in Authorized Containers for sale in the Territories;
4. The Company agrees not to authorize any other party whatsoever to use the Trademarks on Beverages in Authorized Containers, or any other containers of the nature identified on Schedule E, for purposes of resale in the Territories.
5. The Bottler shall purchase its entire requirements of Concentrates exclusively from the Company and shall not use any other syrup, beverage base, concentrate or other ingredient in the Beverages than as specified by the Company.
Exclusive Authorization. Subject to the terms and conditions of this Agreement, the Company hereby appoints ▇▇▇▇▇▇ to act on a best efforts basis as its exclusive agent during the Authorization Period (as hereinafter defined) for the investment banking services enumerated in 1, 2, 3 and 4 above (“Investment Banking Services”) in amounts and on terms and conditions satisfactory to the Company. ▇▇▇▇▇▇ hereby accepts this agency and agrees on the terms of this Agreement to use its best efforts during the Authorization Period in providing Investment Banking Services. The Company understands that ▇▇▇▇▇▇ shall not have any obligation hereunder to purchase any of the Equity Securities or to provide Debt Financing of any kind to the Company. In addition, the Company agrees that it will not hold Athena liable or responsible in the event that any transaction related to the provision of Investment Banking Services (“Transaction(s)”) is/are not consummated for any reason whatsoever, including, but not limited to, an adverse change in the financial or security markets, insufficient demand from potential purchasers of the Equity Securities (the “Investors”) for the Equity Securities or instruments similar to the Equity Securities, or a lack of interest by providers of Debt Financing (the “Lenders”) in a Transaction. During the Authorization Period, the Company shall be prohibited, except as provide in “Exhibit A - Carve Outs” from:
(i) Directly or indirectly offering any of the Equity Securities (or instruments substantially similar to the Equity Securities) for sale to, or soliciting any offer to purchase any of the Equity Securities (or instruments substantially similar to the Equity Securities) from, or otherwise contacting, approaching or negotiating with respect thereto with, any person,
(ii) Arrange for Debt Financing related to a Transaction,
(iii) Enter into an agreement with another investment bank, consultant or other service provider to represent the Company in any merger or acquisition where the Company is either on the buy-side or the sell-side,
(iv) Authorizing anyone other than ▇▇▇▇▇▇ to act on its behalf with respect to Investment Banking Services as defined above. The Company shall promptly refer to Athena all offers, inquiries and proposals relating to all Investment Banking Services at any time during the Authorization Period.
Exclusive Authorization. 3. The Company appoints the Bottler as its sole and exclusive purchaser of the Concentrates for the purpose of manufacture, packaging and distribution of the Beverages under the Trademarks in Authorized Containers for sale in the Territory.
4. The Company agrees not to authorize any other party whatsoever to use the Trademarks on Beverages in Authorized Containers for purposes of resale in the Territory.
5. The Bottler shall purchase its entire requirements of Concentrates exclusively from the Company and shall not use any other syrup, beverage base, concentrate or other ingredient in the Beverages than as specified by the Company.
Exclusive Authorization. 3 The Company appoints the Bottler as its sole and exclusive purchaser of the Concentrates and Syrups for the purpose of manufacture, packaging and distribution of the Beverages under the Trademarks in Authorized Containers for sale in the Territory.