Sales Agent Clause Samples
The Sales Agent clause defines the role, responsibilities, and authority of a party appointed to act as a sales agent on behalf of another entity. Typically, this clause outlines the scope of the agent’s duties, such as soliciting orders, promoting products, or negotiating sales within a specified territory or market segment. It may also address issues like exclusivity, commission structure, and reporting requirements. The core function of this clause is to clearly establish the legal relationship between the principal and the agent, ensuring both parties understand their obligations and reducing the risk of disputes regarding sales activities.
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Sales Agent. The Supplier shall be entitled to appoint, at its own expense, its subsidiary company "Tatneft-AZS Center" LLC as its sales agent (hereinafter referred to as the “Sales Agent”) to act for and on behalf of the Supplier in accordance with this clause. The Sales Agent shall perform the following actions only for and on behalf of the Supplier in connection with the Supplier's Product, to be delivered in accordance with the terms of this Contract: · Ascertains the compliance of technical specifications of the vessel, suggested by the Buyer for shipment of Product, to be in accordance with the conditions of the terminal, and shall make all necessary arrangements with the port agencies. Approves (or reasonably reject) the Buyer’s ship nomination; · Monitors timely arrival of Buyer’s vessel to be loaded; · Checks the compliance of the Buyer's shipping instructions with the terms of the Contract. In case of any discrepancies in the shipping instructions the Sales Agent shall take remedial measures through negotiation with the Buyer and, if required, shall notify the Supplier thereof; · Based on the shipping instructions received from the Buyer the Sales Agent shall prepare and forward relevant instructions on behalf of the Supplier to a customs broker, forwarding agent, terminal, and it shall monitor their timely and precise fulfilment; · Deals with the Buyer's claim(s) on demurrage, carries on correspondence with the Buyer, requests necessary confirming documents and clarifications, settles claims providing the correspondence of Buyer's claim invoices to the terms of the Contract. If required, upon additional agreement with the Supplier and at the Supplier's expense the Sales Agent shall participate in any court (arbitration) proceeding on issues related to demurrage and the above-stated additional expenses; · Mutually agree with the Buyer on the independent inspector for quantity and quality analysis and makes proper nomination to the inspector. The Sales Agent acting hereunder shall not be entitled to provide any services to any of the Parties and, as a result, has no legal right to demand consideration for such services as forwarding, customs clearance, analysis and consulting, and any other actions that can be classified as non-agent services. Supplier shall at all times remain responsible for the unproper performance of the Contract. 22 DETAILS OF THE PARTIES AND SIGNATURES SUPPLIER PJSC “Tatneft” Location: Russian Federation, Republic of Tatarstan, Almetyevs...
Sales Agent. Receipt by the Agent of evidence satisfactory to the Agent that (i) CBCNA is the agent of CBI for the sale of bananas, plantains and other items in the United States and that all money received by CBCNA in connection with such sales is received for the benefit of, and is the property of, CBI, (ii) CBCNA is no longer the agent of, and no longer collects any funds for or on behalf of, CBII, (iii) ▇▇▇▇▇▇▇▇ (Canada) Inc. is the agent of CBI for the sale of bananas, plantains and other items in Canada and that all money received by ▇▇▇▇▇▇▇▇ (Canada) Inc. in connection with such sales is received for the benefit of, and is the property of, CBI and (iv) ▇▇▇▇▇▇▇▇ (Canada) Inc. is no longer the agent of, and no longer collects any funds for or on behalf of, CBII.
Sales Agent. For purposes of this Agreement, “Sales Agent” is any third-party agency, and/or its representatives, with which or whom the Company has contracted for the purpose of facilitating the sale of the Company’s products.
Sales Agent. ▇▇▇▇▇▇▇▇▇ agrees to act as non exclusive selling agent for ▇▇▇▇ ▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇ ▇▇▇▇’▇ registered securities upon the effectiveness of ▇▇▇▇▇▇ ▇▇▇▇’▇ registration statement filed with the SEC in Sept. 2011.
Sales Agent acknowledges and agrees that any patent on the Products acquired by the Company or any of its subsidiaries and any patent applications on the Products filed by the Company or any of its subsidiaries (the “Patents”) are the sole and exclusive property of the Company and that throughout the term of this Agreement and following its termination or expiration, Sales Agent will not do anything inconsistent with such ownership, will not directly or indirectly challenge the title of the Company or any of its subsidiaries to the same and will not attack the validity of such Patents.
Sales Agent. A member firm of the New York Stock Exchange to be selected by Wings to conduct sales of Class A Voting Common Stock on behalf of holders of Series C Voting Preferred Stock in accordance with the procedures set forth in Section 1.9(a).
Sales Agent. Merrimac agrees to act as non exclusive selling agent for Petrus (2,000,000 shares) and O’ Dare’s (8,000,000 shares) registered securities upon the effectiveness of Petrus’s registration statement originally filed with the SEC on Sept. 16, 2011. The parties agree that all of Petrus’s 2,000,000 shares must be sold before O’ Dare’s shares.
Sales Agent. ▇▇▇▇▇▇▇▇▇ agrees to act as non exclusive selling agent for Charlotte (1,000,000 shares) and ▇▇▇▇▇▇▇▇’▇ (8,000,000 shares) registered securities upon the effectiveness of Charlotte’s registration statement originally filed with the SEC on July 5, 2011. The parties agree that all of Charlotte’s 1,000,000 shares must be sold before ▇▇▇▇▇▇▇▇’▇ shares.
Sales Agent. (a) Except as otherwise provided herein or the Sales Agent Interparty Agreement, the Sales Agent shall act as the sales agent for the Film in the Sales Agent Territory; provided, however, that the Borrower shall service delivery of the Film to all Distributors in the Sales Agent Territory and the Borrower Territory.
(b) Notwithstanding anything to the contrary in the Sales Agency Agreement or any other Loan Document, the payment of any fees, commissions, distribution and marketing costs incurred by and payable or reimbursable to the Sales Agent in its capacity as Sales Agent in connection with its sale of the Film, other than the Foreign Sales Commission as and to the extent provided in the Sales Agent Interparty Agreement, shall be deferred and shall not be due and payable until the Obligations have been irrevocably repaid in full.
Sales Agent. ▇▇▇▇▇▇▇▇▇ agrees to act as non exclusive selling agent for Charlotte’s registered securities upon the effectiveness of Charlotte’s registration statement to be filed with the SEC in June 2011.