Factory branch means an office maintained by a manufacturer or distributor for the purpose of selling or offering to sell vehicles to a distributor, wholesaler, or new motor vehicle dealer or for directing or supervising any factory or distributor representatives. The term includes any sales promotion organization maintained by a manufacturer or distributor that is engaged in promoting the sale of a particular make of new motor vehicles in this state to new motor vehicle dealers.
Factory branch means a branch office maintained by a person who manufactures or assembles motor vehicles, for the sale of motor vehicles to distributors, or for the sale of motor vehicles to motor vehicle dealers or for directing or supervising in whole or part, its representatives.
Examples of Factory branch in a sentence
Property, plant and equipment includes property and equipment mortgaged to Saudi Industrial Development Fund (SIDF) related to the Company’s branch, Al Yamamah Electric Poles and its accessories Factory (branch of the company), with a NBV as at September 30, 2014 amounted to SR 59 million ( September 30, 2013: SR 32 million).
More Definitions of Factory branch
Factory branch means any branch office maintained by a
Factory branch means a branch office maintained by a person who manufactures
Factory branch means a branch office maintained by a person for the sale of motor vehicles to distributors or for the sale of motor vehicles to motor vehicle dealers, or for directing or supervising, in whole or in part, its representatives in the Commonwealth.
Factory branch means a branch office maintained by a person who manufactures or assembles motor vehicles for sale to distributors, motor vehicle dealers, or who directs or supervises the factory branch's representatives.
Factory branch means a branch office maintained by a person for the sale of motorcycles to distributors or for the sale of motorcycles to motorcycle dealers, or for directing or supervising, in whole or in part, its representatives in the Commonwealth.
Factory branch means a branch office maintained by a manufacturer for the purpose of selling, or offering for sale, vehicles to a distributor or new motor vehicle dealer, or for directing or supervising in whole or in part factory or distributor representatives.
Factory branch means an office maintained by a