Examples of Importer Agreement in a sentence
The Piedras Negras Plant has the functional capability to brew, bottle, package and store not less than the Current Production, of a quality that complies in all material respects with applicable Law and is as good as or better than the quality of Beer delivered to Crown Imports LLC under that certain Importer Agreement dated as of January 2, 2007, by and between Extrade II, S.A. de CV and Crown Imports LLC over the twelve (12) months prior to the Closing Date.
The initial price for each New Physical Unit shall be the all in transfer price (including [****]) payable by Crown to Extrade II pursuant to the Importer Agreement between such parties for such New Physical Unit as such price is in effect on the date hereof, less $1.82 per New Physical Unit.
Based on this Initiative, the Company agrees to share revenue with Extrade II based on market price adjustments as established within the Importer Agreement, subject to recovery by the Company of certain costs that offset revenue sharing amounts.
The Importer Agreement also allows the Company to recover certain costs.
ABI and Constellation have also negotiated a proposed Amended and Restated Importer Agreement (the “supply agreement”), giving Constellation the exclusive right to import Modelo beer into the United States for ten years.
The Company and Extrade II S.A. de C.V. (“Extrade II”), an affiliate of GModelo, entered into an Importer Agreement (the “Importer Agreement”) effective as of the Company’s inception pursuant to which Extrade II granted to the Company the exclusive rights to import, market and sell certain Modelo Brands in the 50 States of the U.S., the District of Columbia and Guam.
This increase occurred despite a teacher strike that lasted for 80 days in 2013.
Supply Agreement In addition to selling Modelo’s existing interest in Crown, ABI will enter into an Amended and Restated Importer Agreement that will “giv[e] Constellation the exclusive right to import Modelo beer into the United States.” (Id. ¶ 8.) This supply agreement is effectively perpetual; although ABI has the right to terminate it after ten years, the cost to terminate— thirteen times earnings before interest and taxes (“EBIT”)—likely is prohibitive.
In 2007, Modelo and Crown entered into the existing Importer Agreement, pursuant to which Modelo supplies Crown with beer.
Transpacific derives its rights and entitlements to exclusively import, promote and sell Western Star trucks and parts in various territories from its Importer Agreement with Western Star Trucks Inc, a subsidiary company of Freightliner LLC (a Daimler entity).