Common use of Distributor Financial Condition Clause in Contracts

Distributor Financial Condition. The Distributor represents to the best of its knowledge 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 the Products when due. The Distributor agrees to furnish, when requested by the Supplier, such financial reports as may be deemed necessary by Supplier, including, but not limited to, a current balance sheet and a current profit and loss statement.

Appears in 2 contracts

Samples: Distribution Agreement, Distribution Agreement (Zealous, Inc.)

AutoNDA by SimpleDocs

Distributor Financial Condition. The Distributor represents to the best of its knowledge and warrants that it is and at all times during the term of this Agreement shall remain in good financial condition, solvent, solvent and able to pay invoices for the Products its bills when due. The Distributor agrees further represents and warrants that it has and at all times during the term of this Agreement shall retain the ability to furnishorder and pay for all Product purchased. From time to time, when requested by the Supplieron reasonable notice from AltiGen, such financial Distributor shall furnish Annual Reports, 10K, 10Q reports as may be deemed necessary by Supplier, including, but not limited to, a current balance sheet and a current profit and loss statementor other similar reports that are supplied to other partners of Distributor.

Appears in 2 contracts

Samples: Distribution Agreement (Altigen Communications Inc), Distribution Agreement (Altigen Communications Inc)

Distributor Financial Condition. The Distributor represents to the best of its knowledge and warrants that it is and at all times during the term of this Agreement shall remain in good financial condition, solvent, solvent and able to pay invoices for the Products its bills when due. The Distributor agrees further represents and warrants that it has and at all times during the term of this Agreement shall retain the ability to furnishorder and pay for all Product purchased. From time to time, when requested by the Supplieron reasonable notice from AltiGen, such financial reports as may be deemed necessary by SupplierDistributor shall furnish Annual Reports, including, but not limited to, a current balance sheet 10K and a current profit and loss statement10Q reports.

Appears in 2 contracts

Samples: Distribution Agreement (Altigen Communications Inc), Distribution Agreement (Altigen Communications Inc)

Distributor Financial Condition. The Distributor represents to the best of its knowledge and warrants that it is and at all times during the term of this Agreement shall remain in good financial condition, solvent, solvent and able to pay invoices for the Products its bills when due. The Distributor agrees further represents and warrants that it has and at all times during the term of this Agreement shall retain the ability to furnishorder and pay for all Product Distributor is obliged to purchase under Section 7.2 below. From time to time, when requested on reasonable notice by the SupplierAltiGen Communications, such Distributor shall furnish financial reports as may be deemed necessary by Suppliernecessary, including, but not limited to, a current balance sheet and a current profit and loss statementto determine Distributor's financial condition.

Appears in 1 contract

Samples: Distribution Agreement (Altigen Communications Inc)

Distributor Financial Condition. The Distributor represents to the best of its knowledge and warrants that it is and at all times during the term of this Agreement shall remain in good financial condition, solvent, solvent and able to pay invoices for the Products its bills when due. The Distributor agrees to furnish, when requested by shall maintain and employ in connection with the Supplier, Distributor’s business under this Agreement such financial reports working capital and net worth as may be deemed necessary by Supplier, including, but not limited to, a current balance sheet required in the reasonable opinion of the Supplier to enable the Distributor to carry out and a current profit perform all of the Distributor’s obligations and loss statementresponsibilities under this Agreement.

Appears in 1 contract

Samples: Supply Agreement (Bioprogress PLC)

AutoNDA by SimpleDocs

Distributor Financial Condition. The Distributor represents to the best of its knowledge and warrants that it is and at all times during the term of this Agreement shall remain in good financial condition, solvent, solvent and able to pay invoices for the Products its bills when due. The Distributor agrees further represents and warrants that it has and at all times during the term of this Agreement shall retain the ability to furnishorder and pay for all Product Distributor is obliged to purchase under Section 7.2 below. From time to time, when requested on reasonable notice by the SupplierAltiGen, such Distributor shall furnish financial reports statements as may be deemed necessary by Supplier, including, but not limited to, a current balance sheet and a current profit and loss statementto determine Distributor's financial condition.

Appears in 1 contract

Samples: Distributor Agreement (Altigen Communications Inc)

Distributor Financial Condition. The Distributor represents to the best of its knowledge and warrants that it is and at all times during the term of this Agreement shall remain in good financial condition, solvent, solvent and able to pay invoices for the Products its bills when due. The From time to time, on reasonable notice by AltiGen Communications, Distributor agrees to furnish, when requested by the Supplier, such shall furnish financial reports as may be deemed necessary by Supplier, including, but not limited to, a current balance sheet and a current profit and loss statementto determine Distributor's financial condition.

Appears in 1 contract

Samples: Distribution Agreement (Altigen Communications Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!