Independent Distributor definition

Independent Distributor means a person, business, or firm that is neither authorized nor franchised by an Original Component Manufacturer (“OCM”) to sell or distribute the OCM’s products but which purports to sell, broker, and/or distribute such OCM products. Independent Distributors are also referred to as unfranchised distributors, unauthorized distributors, and/or brokers.
Independent Distributor means a distributor that purchases parts (typically from excess inventories) from an Original Manufacturer, Contract Manufacturer, or other distributor (authorized or independent) with the intention to resell them back into the market to other Original Manufacturers, Contract Manufacturers, or other distributors. Independent Distributors do not have contractual agreements with the Original Manufacturer.
Independent Distributor means a person, business, or firm that is neither authorized nor franchised by Manufacturer to sell or distribute the Manufacturer’s products but which purports to sell, broker, and/or distribute such Manufacturer’s products. Independent Distributors are also referred to as unfranchised distributors, unauthorized distributors, and/or brokers. Purchase of parts/components from Independent Distributors is not authorized unless first approved in writing by Buyer.

Examples of Independent Distributor in a sentence

  • GreenAnjels Traders may from time to time amend the Rules of Conduct and any other document comprising the Direct Seller or Independent Distributor Contract through notice on its website, (xxx.xxxxxxxxxxx.xxx) If the Direct Seller does not agree to be bound by any amendment(s), he/she/they may terminate the Direct Seller or Independent Distributor Contract with immediate effect by giving a written notice to GreenAnjels Traders (P) Limited.

  • A GreenAnjels Traders Independent Distributor or Direct Seller can engage in other noncompetitive business/ professional activity, but he/she must not use GreenAnjels Traders Independent Distributors or Direct Sellers/ activities/ events to promote his non GreenAnjels Traders business/ profession and must not hard sell the same on other GreenAnjels Traders Independent Distributors or Direct sellers.

  • No Direct Seller or Independent Distributor shall operate any illegal or unlawful business enterprise, engage or participate in any illegal or unlawful business activity or be convicted of any illegal or unlawful activity in past.

  • At all times, Direct Sellers or Independent Distributor must strictly adhere to the Code of Conduct and to the other documents that comprise the entire Direct Seller or Independent Distributor Contract.

  • Such distributors would be terminated from being Independent Distributor or Direct Seller of GreenAnjels Traders (P) Limited.


More Definitions of Independent Distributor

Independent Distributor means a person, business, or firm that is neither authorized nor franchised by an Original Component Manufacturer (“OCM”) to sell or distribute the OCM’s products but which purports to sell, broker, and/or distribute such OCM products. Independent Distributors are also referred to as un-franchised distributors, unauthorized distributors, and/or brokers.
Independent Distributor means a person, business, or
Independent Distributor means the brokers, broker-dealers, insurance agents, producers, distributors or other Persons who market, produce or service the Insurance Contracts, or any successors thereto, that are not Affiliates of Seller.
Independent Distributor means a seller who purchases products for resale to an Iowa consumer based on a price suggested by a multilevel marketer.
Independent Distributor means any Distributor that is not an ABI-Owned Distributor and that has an exclusive contractual right to sell Budweiser or Bud Light branded Beer.
Independent Distributor means a distributor that purchases excess inventories from end users with the intention to sell and redistribute onto the market that do not have limiting contractual agreements or obligations with the original component manufacturer as defined in IDEA-STD-1010.
Independent Distributor has the meaning set forth in the Master Agreement.