Common use of DEALER OWNERSHIP AND MANAGEMENT Clause in Contracts

DEALER OWNERSHIP AND MANAGEMENT. This is a PERSONAL SERVICES AGREEMENT. BMW NA is entering into this Agreement in reliance upon the qualifications, abilities and integrity of the Dealer Operator and upon the representation of the Dealer's Owner(s) that the Dealer Operator will have full managerial authority for operations and activities of Dealer. In order to induce BMW NA to enter into this Agreement, Dealer states that:

Appears in 4 contracts

Samples: Asset Purchase Agreement (Firstamerica Automotive Inc /De/), Dealer Agreement (United Auto Group Inc), Dealer Agreement (Cross Continent Auto Retailers Inc M&l)

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