Distributor Financial Condition Sample Clauses

Distributor Financial Condition. Distributor represents and warrants that it is and at all times during the term of this Agreement shall remain in good financial condition, solvent and able to pay its bills when due. Distributor further represents and warrants that it has and at all times during the term of this Agreement shall retain the ability to order and pay for all Product purchased. From time to time, on reasonable notice from AltiGen, Distributor shall furnish Annual Reports, 10K and 10Q reports.
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Distributor Financial Condition. Distributor represents and warrants that it is and at all times during the term of this Agreement shall remain in good financial condition, solvent and able to pay invoices for product when due.
Distributor Financial Condition. Distributor represents and warrants that it is, and at all times during the Term shall remain, in good financial condition, solvent and able to pay invoices for the Products when due.
Distributor Financial Condition. [Distributor] represents and warrants that it is and at all times during the term of this Agreement shall remain in good financial condition, solvent and able to pay its bills when due. [Distributor] further represents and warrants that it has and at all times during the term of this Agreement shall retain the ability to order and pay for a minimum of $[x] in total annual orders for products. [Distributor] shall maintain and employ in connection with [Distributor]'s business under this Agreement such working capital and net worth as may be required in the reasonable opinion of [Company] to enable [Distributor] to carry out and perform all of [Distributor]'s obligations and responsibilities under this Agreement. From time to time, on reasonable notice by [Company], [Distributor] shall furnish financial reports as necessary to determine [Distributor]'s financial condition. [Company] shall have the right to change its financial requirements at any time.
Distributor Financial Condition. The Distributor represents and warrants that it is and at all times during the term of this Agreement will remain in good financial condition, solvent and able to pay its bills when due. The Distributor further represents and warrants that it has and at all times during the term of this Agreement will retain the ability to order any pay for a minimum of $1 million in total annual orders for Products. The Distributor will maintain and employ in connection with the Distributor's business under this Agreement such working capital and net worth as may be required in the reasonable opinion of the Supplier to enable the Distributor to carry out and perform all of the Distributor's obligations and responsibilities under this Agreement.

Related to Distributor Financial Condition

  • Financial Condition There shall have been no material adverse change, as determined by Bank, in the financial condition or business of Borrower, nor any material decline, as determined by Bank, in the market value of any collateral required hereunder or a substantial or material portion of the assets of Borrower.

  • Financial Conditions Section 4.01. (a) The Recipient shall maintain or cause to be maintained a financial management system, including records and accounts, and prepare financial statements in a format acceptable to the Bank, adequate to reflect the operations, resources and expenditures in respect of the Project and each Sub-project (including its cost and the benefits to be derived from it).

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