Sales Agent Clause Samples
The Sales Agent clause defines the role, responsibilities, and authority of a party appointed to act as a sales agent on behalf of another entity. Typically, this clause outlines the scope of the agent’s duties, such as soliciting orders, promoting products, or negotiating sales within a specified territory or market segment. It may also address issues like exclusivity, commission structure, and reporting requirements. The core function of this clause is to clearly establish the legal relationship between the principal and the agent, ensuring both parties understand their obligations and reducing the risk of disputes regarding sales activities.
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Sales Agent. (a) In its capacity as agent for the Purchaser, the Sales and Servicing Agent will act as the exclusive sales agent in connection with the distribution, exhibition and exploitation of the Transferred Media Assets.
(b) Subject to the terms of this Agreement, the Sales and Servicing Agent will render all services ("Sales Agent Services") customarily rendered by sales agents in connection with the distribution, exhibition and exploitation of Media Assets with respect to the portion of the Distribution Rights for the Transferred Media Assets that from time to time are not subject to Media Rights Agreements (such Distribution Rights, "Unlicensed Rights"). Such Sales Agent Services shall include, without limitation, to the extent reasonably necessary to exploit the Unlicensed Rights (i) representing the Purchaser at film markets in connection with the Transferred Media Assets, (ii) serving as advisor to the Purchaser in connection with the solicitation and negotiation of licensing agreements, (iii) preparing all documentation relating to the distribution, exhibition and exploitation of the Transferred Media Assets (whether in the form of Media Rights Agreements, license agreements, picture agreements, deal memoranda or other written agreements (such agreements, collectively, "New Distribution Agreements")), (iv) coordinating the delivery of all customary delivery materials in connection with the Transferred Media Assets, (v) registering all Transferred Media Assets with the appropriate governmental instrumentalities, industry associations and collection societies in connection with the exploitation of such Transferred Media Assets and (vi) otherwise rendering all services in connection with the distribution, exhibition and exploitation of the Transferred Media Assets.
(c) The Sales and Servicing Agent covenants and agrees to use its commercially reasonable efforts in good faith to enter into New Distribution Agreements on behalf of the Purchaser to distribute, exhibit and exploit the Unlicensed Rights with respect to the Transferred Media Assets. The Sales and Servicing Agent shall follow such customary and usual practices and procedures as it shall deem necessary or advisable in its distribution, exhibition and exploitation of any Unlicensed Rights with respect to the Transferred Media Assets.
(d) As the Purchaser’s agent in performing the Sales Agent Services, the Sales and Servicing Agent is hereby authorized to enter into New Distribution Agreements on behal...
Sales Agent. Receipt by the Agent of evidence satisfactory to the Agent that (i) CBCNA is the agent of CBI for the sale of bananas, plantains and other items in the United States and that all money received by CBCNA in connection with such sales is received for the benefit of, and is the property of, CBI, (ii) CBCNA is no longer the agent of, and no longer collects any funds for or on behalf of, CBII, (iii) ▇▇▇▇▇▇▇▇ (Canada) Inc. is the agent of CBI for the sale of bananas, plantains and other items in Canada and that all money received by ▇▇▇▇▇▇▇▇ (Canada) Inc. in connection with such sales is received for the benefit of, and is the property of, CBI and (iv) ▇▇▇▇▇▇▇▇ (Canada) Inc. is no longer the agent of, and no longer collects any funds for or on behalf of, CBII.
Sales Agent. For purposes of this Agreement, “Sales Agent” is any third-party agency, and/or its representatives, with which or whom the Company has contracted for the purpose of facilitating the sale of the Company’s products.
Sales Agent. ▇▇▇▇▇▇▇▇▇ agrees to act as non exclusive selling agent for ▇▇▇▇ ▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇ ▇▇▇▇’▇ registered securities upon the effectiveness of ▇▇▇▇▇▇ ▇▇▇▇’▇ registration statement filed with the SEC in Sept. 2011.
Sales Agent acknowledges and agrees that any patent on the Products acquired by the Company or any of its subsidiaries and any patent applications on the Products filed by the Company or any of its subsidiaries (the “Patents”) are the sole and exclusive property of the Company and that throughout the term of this Agreement and following its termination or expiration, Sales Agent will not do anything inconsistent with such ownership, will not directly or indirectly challenge the title of the Company or any of its subsidiaries to the same and will not attack the validity of such Patents.
Sales Agent. A member firm of the New York Stock Exchange to be selected by Wings to conduct sales of Class A Voting Common Stock on behalf of holders of Series C Voting Preferred Stock in accordance with the procedures set forth in Section 1.9(a).
Sales Agent. ▇▇▇▇▇▇▇▇▇ agrees to act as non exclusive selling agent for Charlotte (1,000,000 shares) and ▇▇▇▇▇▇▇▇’▇ (8,000,000 shares) registered securities upon the effectiveness of Charlotte’s registration statement originally filed with the SEC on July 5, 2011. The parties agree that all of Charlotte’s 1,000,000 shares must be sold before ▇▇▇▇▇▇▇▇’▇ shares.
Sales Agent. Merrimac agrees to act as non exclusive selling agent for Petrus (2,000,000 shares) and O’ Dare’s (8,000,000 shares) registered securities upon the effectiveness of Petrus’s registration statement originally filed with the SEC on Sept. 16, 2011. The parties agree that all of Petrus’s 2,000,000 shares must be sold before O’ Dare’s shares.
Sales Agent. The Company has renewed the Sales Agent Agreements for another one year with the sales agents listed in Schedule 9 attached hereto, with the terms and conditions no less favorable than the existing Sales Agent Agreements.
Sales Agent. LFC hereby engage MultiVision as LFC's exclusive distribution agent for the Program in the Territory and platforms listed in Section 1.5 of this Agreement, and MultiVision agrees to serve as LFC's distribution agent for the Program in the Territory and for such channels. LFC also grants MultiVision the right of first refusal as set forth in Section 5 of this Agreement.