Common use of Transshipment Clause in Contracts

Transshipment. Master Distributor shall not directly or indirectly sell or distribute the Services outside of their Territory without the prior written permission of U-Vend, which may be withheld in U-Vend’s sole discretion. Master Distributor acknowledges that such action will cause irreparable and incalculable harm to U-Vend pursuant to this Agreement and may result in a termination of the Master Distributor Agreement. U-Vend may terminate this Agreement for cause pursuant to Section 12.2 below if Master Distributor directly or indirectly sells or distributes the Services outside of the Territory. Upon termination of the Agreement U-Vend shall be free thereafter to appoint another Master Distributor for the Territory.

Appears in 2 contracts

Sources: Master Distribution Agreement, Master Distributor Agreement (U-Vend, Inc.)