Non-Stocking Distributors and Subdistributors Clause Samples

The Non-Stocking Distributors and Subdistributors clause defines the rights and obligations of distributors and subdistributors who do not maintain inventory of the supplier’s products. Typically, this clause outlines the conditions under which such parties may sell or promote products, such as requiring them to place orders only after receiving customer commitments or prohibiting them from holding stock for resale. Its core function is to clarify the distribution model, ensuring that all parties understand the limitations and responsibilities associated with non-stocking arrangements, thereby reducing confusion and managing supply chain expectations.
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Non-Stocking Distributors and Subdistributors. During the term of this Agreement Coherent may, at any time and without the consent of DUSA, but after giving DUSA notice, appoint any non-stocking sales agents or sales representatives (collectively, "Sales Agents") or stocking subdistributors ("Subdistributors") to promote, distribute and sell the Products. Any such appointment shall terminate automatically upon the termination of this Agreement. If Coherent so appoints any Subdistributors, the Subdistributors must agree in writing to be bound by the terms and conditions of this Agreement. No appointment of any Sales Agents or Subdistributors shall relieve Coherent of any obligation it has under this Agreement and Coherent hereby guarantees the full and complete performance by all Sales Agents and Subdistributors of all duties and obligations arising in connection with their activities and obligations relating to the Products.
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Related to Non-Stocking Distributors and Subdistributors

  • DEALERS, DISTRIBUTORS, AND/OR RESELLERS Upon Contract execution and throughout the Contract term, Supplier must provide to Sourcewell a current means to validate or authenticate Supplier’s authorized dealers, distributors, or resellers relative to the Equipment, Products, and Services offered under this Contract, which will be incorporated into this Contract by reference. It is the Supplier’s responsibility to ensure Sourcewell receives the most current information.

  • Distributors In addition to direct sales to Clients, Supplier grants Accenture: (i) the right to resell Products and Services to a third-party

  • SUBCONTRACTORS AND SUPPLIERS The Commissioner reserves the right to reject any proposed Subcontractor or supplier for bona fide business reasons, including, but not limited to: the company failed to solicit New York State certified minority- and women-owned business enterprises as required in prior OGS Contracts; the fact that such Subcontractor or supplier is on the New York State Department of Labor’s list of companies with which New York State cannot do business; the Commissioner’s determination that the company is not qualified or is not responsible; or the fact that the company has previously provided unsatisfactory work or services.

  • Resellers Does the vendor have resellers that it will name under this contract? Resellers are defined as other companies that sell your products under an agreement with you, the awarded vendor of TIPS. No Does the vendor agrees to honor the proposed pricing discount percentage off regular catalog (as defined in the RFP document), website, store or shelf pricing for the term of the award? YES

  • Distributor The Trust hereby appoints the Distributor as general distributor of shares of beneficial interest (“Series shares”) of the Trust’s WCM Funds series (the “Series”) during the term of this Agreement. The Trust reserves the right, however, to refuse at any time or times to sell any Series shares hereunder for any reason deemed adequate by the Board of Trustees of the Trust.