Marketing before Full Completion Date Clause Samples

Marketing before Full Completion Date. During the period before the Full Completion Date, Gaifar shall be entitled to continue marketing and distribution activities with regard to the Products in accordance with the following terms: As of the Effective Date, all sales shall be made by the Marketing Company who will be the exclusive distributor of the Products at that time. To the extent that any contracts relating to a sale of Products have been concluded, but not fully executed on the Effective Date, Gaifar shall do whatever necessary to ensure that such contracts are transferred to the Marketing Company; this shall apply accordingly to bids that have been made by Gaifar but not yet been accepted by the potential purchaser as of the Effective Date. All sales of the Products that were originated by Gaifar in the period before the Effective Date and listed in Schedule 5 ("Gaifar Transactions") shall be fully on Gaifar's account, if and to the extent that the proceeds from a Gaifar Transaction are paid to the Marketing Company before the Full Completion Date. The Marketing Company shall pay such proceeds to Gaifar without undue delay, deducting, if applicable, taxes, duties or fees the Marketing Company incurred in connection with the Gaifar Transaction. As regards all other transactions during the period before the Full Completion Date, including Gaifar Transactions with regard to which the proceeds are paid to the Marketing Company after the Full Completion Date, the Marketing Company shall pay out to Gaifar such portions of the proceeds as would constitute the applicable Purchase Price in accordance with 5. Purchase Price, Pricing between the Parties