BRI Notice definition
BRI Notice means notice from BRI to Dealer that either (i) complies with Section 16 of this Agreement or (ii) is otherwise provided or made available electronically (such as, but not limited to, posting on one or more websites designated by BRI, as long as notice under such Section 16 is received by Dealer, which, at a minimum, indicates that a change has been or will be made to what is posted thereon); (d) the “BRI Parties” means any or all of BRI, its Affiliate(s) and its designees; (e) “BRI Products” means, collectively, the products offered by BRI; (f) “Bundles” means combinations of one or more BRI Products with one or more other products or services offered or sold together (as determined by BRI); (g) the “Coverage Period” means the Term and the reasonable period afterward, if any, until (as relevant) Dealer has or, as determined by BRI, should have sold or otherwise disposed of all of the Dealer’s Inventories (each such sale or other disposition will be in a manner consistent with the DRD); (h) “Dealer” means the Party identified as such in the Introduction, which can be the Dealer Operation (as defined in the Authorized Distributor Agreement by and between BRI and Distributor (as the latter term is defined therein); (i) the “Dealer Parties” means any or all of Dealer and its Affiliate(s); (j) the “Dealer Policies” means, collectively, each then-current version of the announcements and policies (whether in the form of correspondence, memoranda, notices or otherwise) expressly labeled as a policy or policies (or the substantive equivalent as determined by BRI) and from time to time issued in writing or made available electronically to Dealer by BRI’s policy administrator (or the designee(s) or successor(s) thereof); (k) the “Dealer’s Inventories” means the inventories of BRI Products in Dealer’s possession or under its control; (l) the “Dealer Relationship Documents” means this Agreement and the Dealer Policies;
Examples of BRI Notice in a sentence
If applicable law contains any requirement that is contrary to, conflicts with or is missing from any provision(s) or part(s) thereof in the DRD (collectively, the “Affected Provisions”), BRI, at any time, may elect by BRI Notice (effective upon receipt thereof or as otherwise designated by BRI therein) that: (a) such requirement be substituted for or added to the Affected Provisions to the minimum extent necessary to validate the Affected Provisions or (b) this Agreement be terminated.