Common use of Status of Distributor Clause in Contracts

Status of Distributor. 3.01 The status of the Distributor shall be that of an independent contractor and the Distributor shall have no authority to assume or create any obligation whatsoever, expressed or implied, in the name of DIAMANT, nor to bind DIAMANT in any manner whatsoever. The Distributor shall have no authority hereunder to enter into any contract of sale or employment on behalf of DIAMANT, nor to endorse DIAMANT's cheques, nor to make allowances or adjustments on DIAMANT's accounts for the return of merchandise, except pursuant to the written authorization of DIAMANT.

Appears in 1 contract

Sources: Distribution Agreement (Diamant Art Corp)

Status of Distributor. 3.01 The status of the Distributor shall be that of an independent contractor and the Distributor shall have no authority to assume or create any obligation whatsoever, expressed or implied, in the name of DIAMANT, nor to bind DIAMANT DIAMANT™ in any manner whatsoever. The Distributor shall have no authority hereunder to enter into any contract of sale or employment on behalf of DIAMANT, nor to endorse DIAMANT's cheques, nor to make allowances or adjustments on DIAMANT's accounts for the return of merchandise, except pursuant to the written authorization of DIAMANT.

Appears in 1 contract

Sources: Distribution Agreement (Diamant Art Corp)