Sotas definition
Examples of Sotas in a sentence
For a period of sixty (60) days following receipt of such calculation, El Asia shall have the right to question Sota's calculation by delivering to Sota written notice that it is questioning the calculation.
At no time during or after the term of this Agreement shall El Asia, Master Dealers or Dealers challenge or assist others to challenge Sota's trademarks, trade names or other intellectual property or the registration thereof, or attempt to register any trademarks, marks or trade names confusingly similar to those of Sota.
During the term of this Agreement and upon termination of this Agreement, El Asia shall neither use nor disclose any confidential information of Sota, nor shall it manufacture or assist another to manufacture any devices, components or assemblies using Sota's patents, inventions, copyrights, know-how, trade secrets or other intellectual property.
Should El Asia not deliver written notice within such sixty (60) day period, Sota's calculation shall be deemed to be correct, and may not, thereafter, be challenged.
Sota's sole liability, under the terms of this Agreement shall be for any unpaid commissions under sections 6 and 10.05.
Should the determination of such independent chartered accountant be within 5% of Sota's calculation of Net Sales, the cost of his review will be for the account of El Asia; otherwise, it will be paid by Sota.
Sota's responsibilities to provide such support, information and materials shall be limited to providing English language support, information and materials.
Nothing herein, however, shall grant El Asia, its Master Dealers, or Dealers, any right, title, or interest in Sota's trademarks, trade names or other intellectual property.
Except for the acquisition of Sotas, Inc., neither the Company nor any of its Subsidiaries have been a party to a transaction subject to Code section 361.
For a period of ninety (90) days from receiving written notice, El Asia will have the opportunity to satisfy Sota's concerns.