Sales Right definition

Sales Right means the right of a holder of Class B Common Stock under the certificate of incorporation of the Company to cause the Company to redeem such shares of Class B Common Stock, under the circumstances and subject to the provisions of Section 4.21 and the terms and conditions set forth in the certificate of incorporation of the Company as in effect on the Issue Date and any amendment thereto so long as any such amendment in respect of such right is not adverse to the Holders.
Sales Right means right of opening sub-sale offices in Distributor's charge.

Examples of Sales Right in a sentence

  • Notwithstanding the foregoing, Contractor’s Proposed Territory Sales Right shall expire in the event that ninety (90) days pass during which period Contractor does not sell any Solar Financing Products in the locations described in the Proposed Territory Notice.

  • Contractor may market and sell Solar Financing Products that are not Sunrun Products described in the Proposed Territory Notice forty-five (45) days after Sunrun’s receipt of the Proposed Territory Notice (“Proposed Territory Sales Right”), provided, however, Contractor shall not have the Proposed Territory Sales Right if Sunrun notifies Contractor within forty-five (45) days of receipt of the Proposed Territory Notice that Sunrun has elected to expand the Territory to include the proposed geography.

  • During the Cooperation Period, the Group has the absolute discretion to decide whether it will exercise its Exclusive Sales Right, as well as the specific time, manner and frequency of exercising its Exclusive Sales Right, provided that the buyer(s) designated by the Group must be an independent third party or else the Group shall not exercise its Exclusive Sales Right.

  • The Exclusive Sales Right is an exclusive right enjoyed by the Group.

  • The Fourth Amendment shall not be effective unless the transactions contemplated by this Agreement do not occur on or before the Outside Closing Date (as extended) for any reason other than a material default by ▇▇▇▇▇▇, and the Fourth Amendment shall be held in accordance with the provisions of the Sales Right Reconfirmation.

  • The Group shall pay Xinyuan Real Estate Group the refundable ▇▇▇▇▇▇▇ money in the amount of RMB206,783,200 (the “▇▇▇▇▇▇▇ Money”) in instalments as the deposit for being the exclusive sales partner of the Designated Car Parking Spaces and holding the Exclusive Sales Right, which is the total sum of the Car Parking Space Reserve Price for all of the Designated Car Parking Spaces (the “Total Car Parking Space Reserve Price”).

  • Upon and in connection with the execution of this Agreement, Realty and KILICO shall execute and deliver the Sales Right Reconfirmation, and PGI shall execute and deliver, and cause Prime of Tennessee, Inc.

  • The Group shall pay Xinyuan Real Estate Group the refundable ▇▇▇▇▇▇▇ money in the amount of RMB190,300,000 (the “▇▇▇▇▇▇▇ Money”) in instalments as the deposit for being the exclusive sales partner of the Designated Property and holding the Exclusive Sales Right, which is the total sum of the Property Reserve Price for all of the Designated Property (the “Total Property Reserve Price”).