Common use of Sales Representative Clause in Contracts

Sales Representative. OMP shall act as LifeCell's exclusive representative in the Territory with respect to sales of Product pursuant to this Agreement. All revenues obtained from the sales of Product pursuant to this Agreement shall be for the account of LifeCell and all accounts receivable related to such sales shall be accounts receivable of LifeCell. The Parties agree that LifeCell will record the Net Sales of Product on LifeCell's financial statements, but that OMP shall be responsible, at its sole cost and expense, for billing customers and collecting the accounts receivable from such customers. OMP shall not, without the prior written approval of LifeCell, sell any Product to customers that are over fifty-nine (59) days past due on their accounts. OMP will endeavor to include in its Product invoice a notation to the effect that the Product is distributed by OMP as distributor for LifeCell.