Master Distributor Agreement Sample Clauses
A Master Distributor Agreement is a contract that establishes the terms and conditions under which a distributor is authorized to sell and distribute a supplier’s products, often within a specific territory or market segment. This agreement typically outlines the distributor’s rights and obligations, such as minimum purchase requirements, marketing responsibilities, and exclusivity provisions, and may also address pricing, payment terms, and intellectual property use. Its core practical function is to formalize the business relationship between supplier and distributor, ensuring both parties understand their roles and responsibilities, thereby reducing the risk of disputes and promoting efficient distribution of products.
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Master Distributor Agreement. The parties recognize that the financial and operational terms of this Agreement were drafted and will be implemented in the context of an Affiliate of AB acting as the master distributor for CBA in the United States and its territories and possessions and that such terms will not be appropriate or practicable if such U.S. master distribution arrangement is terminated. Accordingly, prior to any exercise by either party of its rights under Section 16.2.2(c) hereof, for a period of not less than sixty (60) days, the parties shall discuss in good faith (a) the feasibility and desirability of continuing the arrangements described in this Agreement in the absence of a U.S. master distribution arrangement between the parties and their respective Affiliates and (b) if the parties determine that continuing the arrangements contemplated by this Agreement is feasible and desirable, any modifications or amendments to this Agreement (including to the Production Price and provisions hereof relating to the delivery and ordering of, and forecasts for, the U.S. Specified Products) that may be necessary or advisable in connection with continuing such arrangements. In the event the Master Distributor Agreement is terminated pursuant to Section 7.03(ii), 7.03(iii) or 7.03(iv) thereof (other than in circumstances where AB exercises its right to terminate this Agreement pursuant to Section 16.2.3), the parties will amend the financial and operational terms of this Agreement to give effect to the cessation of the U.S. master distribution arrangement between CBA and AB’s Affiliate.
Master Distributor Agreement effective January 1, 2011, by and between the Borrower and KBL International, Inc.
Master Distributor Agreement. At the Closing, Buyer shall enter into a distributor agreement with Direct Landscape Supply, Inc., in the form attached hereto as Exhibit G (the "Master Distributor Agreement"), whereby Buyer would supply polyspun material to Direct Landscape Supply, Inc., at a discount price equivalent to 5% below Buyer's wholesale price in effect from time to time.