Common use of Distributor Financial Condition Clause in Contracts

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, 10Q reports or 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)

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Distributor Financial Condition. The Distributor represents and warrants 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 solvent, and able to pay its bills invoices for the Products when due. The Distributor further represents 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 warrants that it has a current profit 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, 10Q reports or other similar reports that are supplied to other partners of Distributorloss statement.

Appears in 2 contracts

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

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, K and 10Q reports or other similar reports that are supplied to other partners of Distributorreports.

Appears in 2 contracts

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

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 AltiGenby AltiGen Communications, Distributor shall furnish Annual Reports, 10K, 10Q financial reports or other similar reports that are supplied as necessary to other partners of determine Distributor's financial condition.

Appears in 1 contract

Samples: Distribution Agreement (Altigen Communications Inc)

Distributor Financial Condition. The 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. The Distributor further represents shall maintain and warrants that it has and at all times during employ in connection with the term of Distributor’s business under this Agreement shall retain such working capital and net worth as may be required in the ability reasonable opinion of the Supplier to order enable the Distributor to carry out and pay for perform all Product purchased. From time to time, on reasonable notice from AltiGen, Distributor shall furnish Annual Reports, 10K, 10Q reports or other similar reports that are supplied to other partners of the Distributor’s obligations and responsibilities under this Agreement.

Appears in 1 contract

Samples: Supply Agreement (Bioprogress PLC)

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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 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 purchasedDistributor is obliged to purchase under Section 7.2 below. From time to time, on reasonable notice from AltiGenby AltiGen Communications, Distributor shall furnish Annual Reportsfinancial reports as necessary, 10K, 10Q reports or other similar reports that are supplied to other partners of determine Distributor's financial condition.

Appears in 1 contract

Samples: Distribution Agreement (Altigen Communications Inc)

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 purchasedDistributor is obliged to purchase under Section 7.2 below. From time to time, on reasonable notice from by AltiGen, Distributor shall furnish Annual Reports, 10K, 10Q reports or other similar reports that are supplied financial statements as necessary to other partners of determine Distributor's financial condition.

Appears in 1 contract

Samples: Distributor Agreement (Altigen Communications Inc)

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