AUTHORITY OF THE DEALER PRINCIPAL. Each Nissan and Infiniti dealership owned or controlled by Group 1, directly or indirectly, shall have a Dealer Principal who is delegated full authority to perform the obligations of Dealer Principal under the terms and conditions set forth in the applicable Nissan or Infiniti Dealer Sales and Service agreement ("Agreement"), to determine, approve, and implement the terms and provisions of the Agreement, to make, sign, and execute any documents or further agreements, both oral and written, between the dealer and NMC, to commit himself to the achievement of the purposes and objectives of the Agreement, to take any and all actions which the Dealer Principal may deem prudent, necessary, or appropriate to effect the foregoing Agreement and to resolve all matters of the terms and implementation as he shall deem necessary in connection therewith. Group 1 shall not authorize or permit the Dealer Principal to take any action inconsistent with the terms, purposes, and objectives of the Agreement.
AUTHORITY OF THE DEALER PRINCIPAL. Each Nissan and Infiniti dealership owned or controlled by Sunbelt, directly or indirectly, shall have a Dealer Principal who is delegated full authority to perform the obligations of Dealer Principal under the terms and conditions set forth in the applicable Nissan or Infiniti Dealer Sales and Service agreement ("Agreement"), to determine, approve, and implement the terms and provisions of the Agreement, to make, sign, and execute any documents or further agreements, both oral and written, between the dealer and NMC, to commit himself to the achievement of the purposes and objectives of the Agreement, to take any and all actions which the Dealer Principal may deem prudent, necessary, or appropriate to effect the foregoing Agreement and to resolve all matters of the terms and implementation as he shall deem necessary in connection therewith. Sunbelt shall not authorize or permit the Dealer Principal to take any action inconsistent with the terms, purposes, and objectives of the Agreement. Whenever Sunbelt nominates a new Dealer Principal candidate for a Nissan or Infiniti dealership, NMC shall have the right to withhold a decision concerning approval or rejection of the candidate for a period of up to one year, at its sole discretion; provided, however, that the candidate may operate in the probationary capacity of Dealer Principal until NMC has approved or rejected him/her. Such delay or exercise of this evaluation period does not imply approval of the Dealer Principal candidate. Should Sunbelt reduce or modify the authority of the Dealer Principal, contrary to the requirements of this and the Dealer Agreement, it must notify Nissan immediately as to the specific changes in authority. Upon such notice, Nissan will evaluate the modification of authority and notify Sunbelt of its response. Should Nissan, in its reasonable discretion, object to the changes, Sunbelt must resolve the situation to Nissan's satisfaction or restore the authority to that which existed prior to the modification. NMC shall be entitled to and shall, in fact, rely upon the personal qualifications, experience, reputation, integrity, ability, and representations of the individual named as Dealer Principal. Any successor Dealer Principal or Executive Manager must meet the following minimum requirements in order to be submitted to Seller for approval:
