Amendment of Distribution Agreements Sample Clauses

The "Amendment of Distribution Agreements" clause defines the process and requirements for making changes to existing distribution agreements between parties. Typically, this clause outlines who must consent to amendments, the form such amendments must take (such as requiring written approval), and any notice periods or procedures that must be followed. For example, it may require that both parties sign a written document to validate any changes to the agreement's terms. The core function of this clause is to ensure that modifications to the distribution agreement are deliberate, mutually agreed upon, and properly documented, thereby preventing misunderstandings or unauthorized changes.
Amendment of Distribution Agreements. 8.2.1 Section 6(b) and Exhibit F of the New Distribution Agreement sets forth, without limitation, the terms under which the KO/MEC Distributor pays a Facilitation Fee to MEC (the “Facilitation Fee Terms”). MEC covenants and agrees not to amend, modify, or delete any of the Facilitation Fee Terms, if applicable, in any of the KO Distribution Agreements with such KO/MEC Distributors without KO’s prior written consent. 8.2.2 KO’s consent shall not be required to amend, modify, add or delete any provision of any KO Distribution Agreement (or the terms attached as Exhibit A with respect to any New Distribution Agreement proposed by MEC pursuant to the Distributor Negotiation Process) except with respect to an amendment, modification, addition or deletion (i) that would reasonably be expected to materially impact KO’s rights or benefits under such KO Distribution Agreement or this Agreement, or (ii) to any of the following terms (or otherwise materially affecting such terms): definition of Products (to the extent KO has consent rights with respect thereto under Section 1.8 of this Agreement), term, termination, deadlock procedures, placement in branded refrigerated equipment, distributor’s exclusivity, facilitation fee, distribution refusal, competing products or other non-competition, and amendment. KO shall not unreasonably withhold or delay its approval of any amendment, modification, addition or deletion of any KO Distribution Agreement (or the terms attached as Exhibit A with respect to any New Distribution Agreement proposed by MEC pursuant to the Distributor Negotiation Process) that is sought by MEC and is acceptable to such KO Distributor. KO’s approval shall be deemed to have been granted if KO does not respond within fourteen (14) Business Days of receipt of MEC’s written request; provided that such written request prominently states that failure to respond by such date will be deemed approval by KO.
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Amendment of Distribution Agreements. 8.2.1. Section 6.b. and Exhibit F of the Distribution Agreement sets forth, without limitation, the terms under which the AB/▇▇▇▇▇▇ Distributor pays the AB Commission to ▇▇▇▇▇▇ (the “AB Commission Terms”). ▇▇▇▇▇▇ covenants and agrees not to amend, modify, or delete any of the AB Commission Terms in any of the Distribution Agreements, without AB’s prior written consent. 8.2.2. ▇▇▇▇▇▇ covenants and agrees not to amend or modify the terms of Section 21 (Competing Products) of any Distribution Agreement with an AB/▇▇▇▇▇▇ Distributor (the “Competing Products Terms”), without AB’s prior written consent. 8.2.3. ▇▇▇▇▇▇ is entitled, without AB’s consent, to amend, modify, or delete any provision of any Distribution Agreement (other than the AB Commission Terms and the Competing Products Terms), provided, however, that any AB/▇▇▇▇▇▇ Distributor terminated by ▇▇▇▇▇▇ for cause shall be treated as a termination without cause for purposes of this Agreement if ▇▇▇▇▇▇ would not have been entitled to terminate such AB/▇▇▇▇▇▇ Distributor for cause had the terms of the Distribution Agreement originally entered into between ▇▇▇▇▇▇ and such AB/▇▇▇▇▇▇ Distributor instead been in effect.
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Amendment of Distribution Agreements. KO’s consent shall be required to amend, modify or delete any provision of any Distribution Agreement. KO shall not unreasonably withhold or delay its approval of any amendment, modification, or deletion of any Distribution Agreement sought by ▇▇▇. KO’s approval shall be deemed to have been granted if KO does not respond within seven (7) business days of receipt of MEL’s written request.
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Amendment of Distribution Agreements. 8.2.1. Section 6.b. and Exhibit F of the Distribution Agreement sets forth, without limitation, the terms under which the KO/▇▇▇▇▇▇ Distributor pays a Facilitation Fee to ▇▇▇▇▇▇ (the “Facilitation Fee Terms”). ▇▇▇▇▇▇ covenants and agrees not to amend, modify, or delete any of the Facilitation Fee Terms in any of the Distribution Agreements, without KO’s prior written consent. 8.2.2. KO’s consent shall be required to amend, modify or delete any provision of any Distribution Agreement. KO shall not unreasonably withhold or delay its approval of any amendment, modification, or deletion of any Distribution Agreement sought by ▇▇▇▇▇▇. KO’s approval shall be deemed to have been granted if KO does not respond within seven (7) business days of ▇▇▇▇▇▇’▇ written request.
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Related to Amendment of Distribution Agreements

  • Parties to Lock-Up Agreements The Company has furnished to the Underwriters a letter agreement in the form attached hereto as Exhibit A (the “Lock-up Agreement”) from each of the persons listed on Exhibit B. Such Exhibit B lists under an appropriate caption the directors and executive officers of the Company. If any additional persons shall become directors or executive officers of the Company prior to the end of the Company Lock-up Period (as defined below), the Company shall cause each such person, prior to or contemporaneously with their appointment or election as a director or executive officer of the Company, to execute and deliver to the Representatives a Lock-up Agreement.

  • Supplements and Amendments; Whole Agreement This Warrant may be amended or supplemented only by an instrument in writing signed by the parties hereto. This Warrant contains the full understanding of the parties hereto with respect to the subject matter hereof and thereof and there are no representations, warranties, agreements or understandings other than expressly contained herein and therein.

  • Single Agreement All Transactions are entered into in reliance on the fact that this Master Agreement and all Confirmations form a single agreement between the parties (collectively referred to as this “Agreement”), and the parties would not otherwise enter into any Transactions.

  • Lock-Up Agreements At the date of this Agreement, the Representatives shall have received an agreement substantially in the form of Exhibit C hereto signed by the persons listed on Schedule D hereto.

  • Amendment to Agreement Effective as of the Amendment No. 2 Effective Date, the Agreement shall be amended as follows: The parties hereby agree to amend Exhibit A by adding the following new text as a new section 5: [START NEW TEXT]