UBL Store Clause Samples

The 'UBL Store' clause defines the requirements and procedures for storing documents or data in the Universal Business Language (UBL) format. Typically, this clause outlines which types of business records—such as invoices, purchase orders, or shipping notices—must be stored in UBL format, and may specify the duration, security measures, and access protocols for such storage. By standardizing the format and storage of business documents, this clause ensures interoperability, facilitates electronic data exchange, and helps organizations comply with regulatory or contractual obligations regarding record-keeping.
UBL Store. Merchandiser agrees and acknowledges that ADNM may elect to make available for sale on an Internet on-line store (the "UBL Store") operated by a company affiliated with ADNM certain items of Merchandiser Product offered for sale through an Artist Store. ADNM agrees that its books and records shall clearly distinguish Merchandiser Product sold through an Artist Store from Merchandiser Product sold through the UBL Store, and ADNM shall, for the avoidance of doubt, at no time credit a sale that took place through an Artist Store as a sale through the UBL Store.
UBL Store. To the extent any merchandise offered for sale on an Internet on-line store (the "UBL Store") operated by a company affiliated with ADNM (the "UBL Affiliate") is readily available in the Store inventory, ADNM agrees to cause the UBL Affiliate to utilize such inventory to fulfill orders for such merchandise placed on the UBL Store. ADNM shall account to you pursuant to the terms of this Agreement with respect to all such Artist Product sold through the UBL Store, except that ADNM (or the UBL Affiliate) shall purchase such Artist Product for a price equal to [***] of the applicable Gross Artist Product Revenue, rather than the price set forth in paragraph 6(b)(ii) above. Such Artist Product Revenue shall be computed "at the source" (i.e., based upon the amount actually received by the UBL Affiliate, rather than the amount actually received by ADNM), and shall be deemed received by ADNM for purposes of paragraph 6(g) below within 30 days after it is received by the UBL Affiliate. For the avoidance of doubt, no merchandise or other products (including Records) that are obtained by the UBL Affiliate from ---------- [***] Confidential treatment has been requested for the bracketed portion. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission.

Related to UBL Store

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