Common use of Sole Agent Clause in Contracts

Sole Agent. In all matters relating to this Agreement, including the resolution of any disputes relating to this Agreement between any members of different Groups, (i) Tenneco shall be the sole agent for the members of the Energy Group, (ii) Industrial Company shall be the sole agent for the members of the Industrial Group, and (iii) Shipbuilding Company shall be the sole agent for members of the Shipbuilding Group. No member of any Group shall have any authority to represent itself in any such matter or to terminate such agency without the prior written consent of each party hereto.

Appears in 3 contracts

Sources: Insurance Agreement (Newport News Shipbuilding Inc), Insurance Agreement (Newport News Shipbuilding Inc), Insurance Agreement (Tenneco Inc /De)