Direct Channel definition
Examples of Direct Channel in a sentence
In commercializing the FF Products in Canada through Direct Channel Sales or Retail Sales, Knight shall not pursue a brand strategy that Synergy, acting reasonably, determines is materially adverse to the brand equity of FF Products in Canada.
For greater certainty, the said appointment shall not limit the right of Knight (directly or through its Affiliates) to distribute FF Products in Canada through Direct Channel Sales and Retail Sales.
Except as set forth otherwise in Section 2.3, Synergy will purchase all of its requirements of FF Products for Canada and in respect of Direct Channel Sales or Retail Sales exclusively from Knight, subject to the terms and conditions of this Agreement.
For greater certainty, the said appointment shall not limit the right of Knight (directly or through its Affiliates) to distribute MD Products in Canada through Direct Channel Sales and Retail Sales.
In commercializing the MD Products in Canada through Direct Channel Sales or Retail Sales, Knight shall not pursue a brand strategy that Synergy, acting reasonably, determines is materially adverse to the brand equity of MD Products in Canada.
Synergy acknowledges the terms and conditions of the DLS Agreement and agrees that, except as set forth in this Agreement, it shall be solely liable and responsible for all obligations, liabilities and requirements under the DLS Agreement and under Applicable Law relating to the Commercialization of FF Products in Canada through Direct Channel Sales and Retail Sales as permitted pursuant to Section 2.1 and shall indemnify and hold Knight harmless in respect of same.
Synergy acknowledges the terms and conditions of the DLS Agreement and agrees that, except as set forth in this Agreement, it shall be solely liable and responsible for all obligations, liabilities and requirements under the DLS Agreement and under Applicable Law relating to the Commercialization of MD Products in Canada through Direct Channel Sales and Retail Sales as permitted pursuant to Section 2.1 and shall indemnify and hold Knight harmless in respect of same.
Knight will supply FF Products to Synergy at a price (the “Product Price”) equal to the aggregate of (i) the Cost of Goods and (ii) in respect to FF Products sold through Direct Channel Sales, thirty percent (30%) of Gross Sales from Direct Channel Sales and (iii) in respect to FF Products sold though Retail Sales, five percent (5%) of Gross Sales from Retail Sales.
Except as set forth otherwise in Section 2.3, Synergy will purchase all of its requirements of MD Products for Canada and in respect of Direct Channel Sales or Retail Sales exclusively from Knight, subject to the terms and conditions of this Agreement.
SVC acknowledges the terms and conditions of the DLS Agreement and agrees that, except as set forth in this Agreement, it shall be solely liable and responsible for all obligations, liabilities and requirements under the DLS Agreement and under Applicable Law relating to the Commercialization of SV Products in the Remaining Territories through Direct Channel Sales as permitted pursuant to Section 2.1 and shall indemnify and hold Knight harmless in respect of same.