Termination of Resale Sample Clauses

The 'Termination of Resale' clause defines the conditions under which a party's right to resell certain goods, products, or services is ended. Typically, this clause outlines specific events or breaches—such as failure to meet sales targets, violation of contractual terms, or insolvency—that trigger the termination of resale rights. For example, if a distributor fails to comply with quality standards or payment schedules, the supplier may revoke their authorization to resell the products. The core function of this clause is to give the original supplier or manufacturer control over who is permitted to resell their offerings, thereby protecting their brand, market strategy, and contractual interests.