Examples of MR Agreement in a sentence
Except as expressly amended, waived and modified by this Amendment, the MR Agreement shall continue to be, and shall remain, in full force and effect in accordance with its terms.
The execution of this Amendment by the Buyer shall not operate as a waiver of any of its rights, powers or privileges under the MR Agreement or any related document.
On the effective date of this Amendment, no Default or Event of Default shall have occurred and be continuing under the MR Agreement and each of the representations and warranties of Seller made in the MR Agreement shall be true and correct.
The MR shall report annually to GSL through written report on the activities undertaken under the resultant MR Agreement and the sales occurred.
Plaintiff D/C filed a complaint in Michigan's Oakland County Circuit Court on May 22, 2003 alleging the parties executed the six-year February 14, 2000 MR Agreement, wherein BDR agreed to provide technical services to D/C for the purpose of NASCAR1 racing.
The MR Agreement reads in pertinent part: This MOTORSPORT RACING AGREEMENT (the "Agreement") is made and entered into as of the 14th day of February, 2000, by and between DAIMLER CHRYSLER MOTORS CORPORATION, a Delaware corporation and its affiliates, subsidiaries and related companies ("DaimlerChrysler"), and Bill Davis Racing Incorporated ("RACE TEAM"), a North Carolina company.
The MR Agreement clearly contemplated that BDR might be involved in competitive races other than Winston Cup Series races, and if BDR was "expressly authorized" under Section 1.1 to compete in other competitive races, Section 10.2 would operate to preclude BDR from representing, endorsing, or otherwise promoting the vehicles, parts, or services of these additional non-Winston Cup Series racing competitors.
The process of how this condensation was carried out, the execution of this process and the resulting alignment factor categories are described in the remainder of this section.
BDR is entitled to summary judgment of D/C's claim of breach of contract premised on a breach of Section10.2 of the MR Agreement as a matter of law.
The court denied D/C's motion for reconsideration in a four-page August 9, 2005 Order1.On September 13, 2005, D/C filed the instant motion for leave to add an amended claim that BDR breached Section 10.2 of the MR Agreement by contracting with GMC on February 3, 2003 to provide GMC with a Winston Cup Series racing car to be used in up to seven races, well before the MR Agreement terminated on May 22, 2003.