Dealer Principal definition

Dealer Principal means an individual, approved by the automobile manufacturer, who is responsible for the day to day management and operations of a franchised automobile dealership;

Dealer Principal means, in respect of a registered motor vehicle dealer, either (1) a registered salesperson who has an Ownership Interest in such registered motor vehicle dealer, or (2) a sole proprietor who is a registered motor vehicle dealer;

Dealer Principal means the person named in the Final Article of the Dealer Agreement as "Principal Owner" upon whose personal qualifications, expertise, integrity, experience, ability and representations Nissan has relied in entering into this Addendum, and any successor approved in writing by Nissan. For purposes of this Addendum, the terms "Dealer Principal" and "Principal Owner" are used interchangeably.

Examples of Dealer Principal in a sentence

• Seller may from time to time develop standards and/or procedures for evaluating the performance of the Dealer Principal and Executive Manager and of Dealer's personnel generally.

• Seller has entered into this Agreement in reliance upon the integrity and ability of the Dealer Principal and Executive Manager and their expressed intention to deal fairly with the consuming public and Seller.

• No change in Dealer Principal or Executive Manager shall be effective unless and until embodied in an appropriate amendment to this Agreement duly executed and delivered by all of the parties hereto.

• Dealer shall give Seller prior notice of any proposed change in said ownership requiring the consent of Seller and immediate notice of the death or incapacity of any Dealer Principal or Executive Manager.

• Seller may, from time to time, evaluate the performance of the Dealer Principal and Executive Manager and will advise Dealer, the Dealer Principal and the Executive Manager of the results of such evaluations and the way in which any deficiencies affect Dealer's performance of its obligations under this Agreement.

More Definitions of Dealer Principal

Dealer Principal and "Principal Owner" are used interchangeably.

Dealer Principal. Date:______________________ [Auth Agnt] [Title] DEALER REAL TIME 2(TM) LICENSE TERMS & CONDITIONS Dealer agrees to the following terms and conditions, in addition to those set forth in the Master Subscription Agreement:

Dealer Principal. Date:_______________________ [AuthAgnt] [Title] APPENDIX "D" USED CAR CYBERSTORE(TM) ELECTION The undersigned Dealer elects to participate in the ABT Used Car CyberStore(TM) services program and agrees to the following terms and conditions, in addition to those set forth in the Master Subscription Agreement:

Dealer Principal means the person designated as such in the Dealer Ownership and Management Exhibit.

Dealer Principal or "Price"), FAA Concord N, Inc., ("Concord Nissan" or "Dealer"), and FirstAmerica Automotive, Inc., ("FAA").

Dealer Principal. Date: ______________________ [AA_1ST_NAME] [AA_LAST_NAME] [AA_TITLE]

Dealer Principal or "Price"), Smart Nissan, Inc., ("Marin Nissan" or "Dealer"), and FirstAmerica Automotive, Inc., ("FAA").