Preferred supplier arrangement Sample Clauses

Preferred supplier arrangement. The Seller considers that it is in the best interest of the Seller’s Group to give to the Companies a preferred supplier status for the supply of services, products and systems relating to the T&D Activities (as it will secure the provision to the Seller’s Group for such products and services).
Sample 1
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Preferred supplier arrangement. (a) If, during the Non-Compete Period, Seller desires to provide or offer to provide a scanner of the type currently sold by the DI Business in connection with the Commercial Imaging Business (including the Enterprise Services Business) (an “Opportunity”), then Seller shall (1) request in writing a written quote from Purchaser in respect of such Opportunity at least five Business Days prior to communicating with any other Third Party which sells a competing scanner regarding such Opportunity; and (2) provide Purchaser with such information regarding the Opportunity as reasonably necessary for Purchaser to evaluate the Opportunity. Promptly following Purchaser’s receipt of any such request for quote, the Parties shall cooperate with each other in good faith to discuss the scope and nature of the scanner so requested and any associated customer requirements or additional business context regarding the specifications for the requested scanner. No later than five Business Days after receipt of Seller’s written request (or, if required earlier by the Opportunity timetable, as soon as practicable using commercially reasonable efforts), Purchaser shall either (i) decline to provide a scanner to Seller in connection with such Opportunity or (ii) deliver a written response to Seller regarding such Opportunity (including the pricing applicable to the requested scanner) (each, a “Response”). Following receipt of the Response, Seller may decline to source any scanner from Purchaser only if (w) Purchaser’s scanner does not meet the Seller-provided specifications for the scanner in any material respect, (x) the customer to which Seller desires to provide or offer to provide such scanner has requested that the scanner be provided by a supplier other than Purchaser or has rejected Purchaser’s scanner, (y) Seller reasonably and in good faith believes that Purchaser cannot meet the delivery schedule for such scanner and Purchaser is unable or unwilling to provide reasonable assurances to Seller regarding Purchaser’s delivery capabilities or (z) the price Seller has received from a Third Party for such scanner (when viewed as a whole with such Third Party’s service and support commitments and related pricing) is materially less than the price offered by Purchaser in the Response (when viewed as a whole with Purchaser’s service and support commitments and related pricing). Seller shall notify Purchaser of its decision no later than five Business Days following receipt of Purc...
Sample 1

Related to Preferred supplier arrangement

  • Soft Dollar Arrangements On an ongoing basis, but not less often than annually, the Adviser will identify and provide a written description to the Board of all “soft dollar” arrangements that the Adviser maintains with respect to the Funds or with brokers or dealers that execute transactions for the Funds, if any, and of all research and other services provided to the Adviser by a broker or dealer (whether prepared by such broker or dealer or by a third party), if any, as a result, in whole or in part, of the direction of Fund transactions to the broker or dealer.

  • Shared Loss Arrangement 1 2.1 Accounting for and Management of Shared-Loss Assets 1

  • Escrow Arrangement The Company and the Purchaser shall enter into an escrow arrangement with Xxxxxxx Xxxxxx & Green, P.C. (the "Escrow Agent") in the Form of EXHIBIT B hereto respecting payment against delivery of the Shares.

  • Business Arrangements Except as disclosed in the Registration Statement, the Time of Sale Disclosure Package and the Prospectus, neither the Company nor any of its subsidiaries has granted rights to develop, manufacture, produce, assemble, distribute, license, market or sell its products to any other person and is not bound by any agreement that affects the exclusive right of the Company or such subsidiary to develop, manufacture, produce, assemble, distribute, license, market or sell its products.

  • Collective Bargaining Agreement 9 Company................................................................. 9 Competitor.............................................................. 9 Component............................................................... 9

  • Other Arrangements The Board of Trustees is further empowered, at any time and from time to time, to contract with any Persons to provide such other services to the Trust, as the Board of Trustees determine to be in the best interests of the Trust, including appointing one or more Persons to act as the custodian, transfer agent, dividend disbursing agent, fund accountant, and/or shareholder servicing agent for the Trust, any Series or Class.

  • Trust Arrangement You understand and agree that this Award is offered subject to and in accordance with the terms of the Plan and its Israeli Appendix. Upon vesting, the shares of Common Stock shall be controlled by the Company’s trustee appointed by the Company or its Subsidiary or Affiliate in Israel (the “Trustee”) for your benefit for at least such period of time as required by Section 102 or any shorter period determined under the Israeli Income Tax Ordinance (New Version), 5721-1961 as now in effect or as hereafter amended (the “Ordinance”) (with respect to the “capital gain route”) or by the Israeli Tax Authority (the “Lock‑Up Period”). You shall be able to request the sale of the shares or the release of the shares from the Trustee, subject to the terms of the Plan, this Agreement and any applicable Israeli tax law. Without derogating from the aforementioned, if the shares are released by the Trustee during the Lock‑Up Period, the sanctions under Section 102 of the Ordinance shall apply to and be borne by you. The shares shall not be sold or released from the control of the Trustee unless the Company, the Subsidiary or Affiliate and the Trustee are satisfied that the full amount of Tax-Related Items due have been paid or will be paid in relation thereto. Notwithstanding any provision of this Agreement or the Plan to the contrary except the provisions in Section 2 of this Agreement relating to a Good Reason Termination (as defined in Section 2) or your Retirement (in each case, to the extent specifically applicable to you), in the event of your resignation from service with NCR or the Employer due to any reason, including worsening of employment conditions, or any other reason relating to conditions of employment, all unvested Stock Units will automatically terminate and be forfeited and no shares or cash will be issued or paid to you (as the case may be).

  • Distribution Arrangements Subject to compliance with the 1940 Act, the Trustees may retain underwriters and/or placement agents to sell Trust Shares. The Trustees may in their discretion from time to time enter into one or more contracts, providing for the sale of the Shares of the Trust, whereby the Trust may either agree to sell such Shares to the other party to the contract or appoint such other party its sales agent for such Shares. In either case, the contract shall be on such terms and conditions as the Trustees may in their discretion determine not inconsistent with the provisions of this Article IV or the By-Laws; and such contract may also provide for the repurchase or sale of Shares of the Trust by such other party as principal or as agent of the Trust and may provide that such other party may enter into selected dealer agreements with registered securities dealers and brokers and servicing and similar agreements with persons who are not registered securities dealers to further the purposes of the distribution or repurchase of the Shares of the Trust.

  • Transitional Arrangements Seller and Purchaser agree to cooperate and to proceed as follows to effect the transfer of account record responsibility for the Branches:

  • Collective Bargaining Agreements The Company is not a party to any collective bargaining agreements with any unions, guilds, shop committees or other collective bargaining groups.

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