The Vendor Sample Clauses
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. 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 must not claim that MMCAP endorses its products or services.
The Vendor. Financial overview Source: ▇▇▇▇▇ Group annual reports
The Vendor. 2.1 The Vendor has full power to enter into and perform this Agreement and this Agreement constitutes a binding obligation on the Vendor in accordance with its terms.
2.2 The Vendor nor, so far as the Vendor is aware, any person connected with the Vendor has any interest, direct or indirect, in any business in the Restricted Territories other than that now carried on by the Companies which is or is likely to be or become competitive with the business of the Companies.
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. Partner is responsible for the correct setting out of the Works in accordance with the original points, lines and levels stated in the Works Information or notified by the Project Manager, Supervisor or the Employer. Any errors in the positioning of the Works are rectified by the Vendor-Partner at the Vendor-Partner’s own costs.
Z7.1 The Project Manager’s reply is either:
Z7.1.1 A notification that the quotation is accepted, in which case, the Project Manager changes the Prices, Completion Date and Key Dates and accepts the revised programme; or
The Vendor. The Vendor represents and warrants as follows to the Company and acknowledges and confirms that the Company is relying on such representations and warranties in connection with its purchase of the Assets:
The Vendor. 1.1 The Vendor is duly incorporated, organised and validly existing under the laws of the Netherlands.
1.2 The Vendor has the requisite right, power, authority and capacity and has taken all necessary corporate action to represent, to enter into and to perform all its obligations under the Agreement and any other documents to be executed by it pursuant to or in connection with the Agreement.
1.3 The Agreement and any other documents to be executed by it pursuant to or in connection with the Agreement constitute binding obligations of the Vendor, enforceable against the Vendor in accordance with their respective terms.
1.4 No consent, order, authorisation, approval, declaration or filing is required on the part of the Vendor for or in connection with the execution, delivery or performance of the Agreement and any other documents to be executed by the Vendor pursuant to or in connection with the Agreement.
1.5 The Vendor’s execution, delivery and performance of the Agreement and any other documents to be executed by the Vendor pursuant to or in connection with the Agreement will not result in any violation of or be in conflict with any law, rule, order, regulation, or articles of association or other organizational document to which the Vendor is a party or by which the Vendor is bound.
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,