The Vendor Clause Examples
The 'The Vendor' clause defines the party in a contract who is responsible for supplying goods or services to the buyer. This clause typically identifies the vendor by name and address, and may outline their obligations, such as delivery timelines, quality standards, or compliance with applicable laws. By clearly specifying who the vendor is and what their responsibilities entail, this clause ensures accountability and helps prevent disputes regarding the source and quality of goods or services provided under the agreement.
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The Vendor. The Vendor is a company incorporated in the British Virgin Islands with limited liability and an indirect wholly-owned subsidiary of the Company. The principal business activity of the Vendor is investment holding.
The Vendor. Financial overview Source: ▇▇▇▇▇ Group annual reports
The Vendor the Borrower and each other Person that shall subsequently become party to this Agreement agree to the provisions contained in Schedule I.
The Vendor. Prototal has a strong and diversified customer base and the all-embracing offering makes Prototal unique in the Nordic market. The plastic division is signified by a large customer base making up a small percentage of total revenues, whereas the steel division is more dependent of large contracts.
The Vendor. Developer shall register the Project under the provisions of the Act with the Real Estate Regulatory Authority.
The Vendor must not claim that MMCAP endorses its products or services.
The Vendor. The Vendor represents and warrants to the Purchaser as follows, with the intention that the Purchaser will rely thereon in entering into this Agreement, that:
(a) the Vendor has obtained the age of majority and is legally competent to execute this Agreement;
(b) the Vendor has good and marketable legal and beneficial title to all of the Purchased Assets, free and clear of any and all Liens. The Purchased Assets constitute all of the property and assets used or held for use in connection with the Business. There is no agreement, option or other right or privilege outstanding in favour of any Person for the purchase from the Vendor of the Business or any part thereof or of any of the Purchased Assets;
(c) the Vendor has all necessary power, authority and capacity to enter into this Agreement and to carry out the transactions contemplated in this Agreement in accordance with the terms of this Agreement;
(d) this Agreement has been duly executed and delivered by the Vendor and constitutes a valid and binding obligation of the Vendor, enforceable against the Vendor in accordance with its terms, subject to applicable bankruptcy, insolvency and other laws of general application limiting the enforcement of creditors’ rights generally and to the fact that equitable remedies, including specific performance, are discretionary and may not be ordered in respect of certain defaults;
(e) the Vendor has properly and diligently protected the Patent Application and the right, title, interest and benefit of the Vendor in and to the Patent Application. Such registration and application for registration (i) was timely filed and was or is diligently prosecuted, (ii) has been or was maintained or renewed as required, (iii) has not been or was not finally rejected, withdrawn, opposed, cancelled, expunged, impeached, revoked, rectified, invalidated or had its term reduced, and,
The Vendor. The Vendor will be responsible for its own legal, accounting, consulting and other fees with respect to the transaction including, but not limited to, the following costs and expenses:
(a) its own accounting fees, including in connection with the preparation of any required financial statements of the Vendor;
(b) subject to subsection 8.01(d), its own legal fees including in connection with the preparation and review of this Agreement;
(c) its own consulting fees; and
(d) the fees and expenses incurred in respect of any Property Report or Valuation, if required by the TSXVE.
The Vendor. The Vendor hereby represents and warrants to the Purchaser, with the intention that the Purchaser will rely thereon in entering into this Agreement, that:
The Vendor. FOO KHEE LONG (Malaysian NRIC No. 760520-01-5487) of ▇▇-▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇/▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇, Petaling Jaya, Selangor Darul Ehsan.