Common use of Duties of Buyer Clause in Contracts

Duties of Buyer. 3.1 BUYER shall at all times during the continuance of this Agreement: (a) Observe all applicable laws in the Territory in relation to the import of Products and the production, sales and service of End Products. (b) Pay all expenses incurred by itself in connection with the import of Products and the sale of End Products in Territory and in fulfilling its obligations hereunder. (c) Use any of SUPPLIER’S trademarks, logos, signs or other marks on its letter-headed paper, visiting cards, displays, advertising material, business documents, invoices, credit notes or any other written matter only as directed by SUPPLIER. (d) Keep full and proper accounts and records showing clearly all transactions of BUYER in respect of Products 3.2 BUYER shall be responsible for sales, marketing, service training, distribution of service parts and warranty administration with respect to End Products sold in the Territory by BUYER. 3.3 In order to preserve and enhance the name and the reputation of SUPPLIER, BUYER shall discuss in advance with SUPPLIER all the matters relating to its advertising and marketing activities which involves the use of SUPPLIER’s trademarks and/or logos. Strictly subject to this, BUYER is hereby granted a royalty-free license and right to copy, distribute, and use any of SUPPLIER’s trademarks, service marks, or copyrighted materials on or in connection with the Products and/or the End Products and their distribution throughout the term of the Agreement. BUYER may, at its sole discretion, have the Products and/or End Products carry other trademarks or service marks (“Other Marks”) whether owned by BUYER or licensed through third parties. Any license to, title to, or ownership of any Other Marks or other intellectual property rights created, used or owned by BUYER in connection with the Products and/or End Products shall not be transferred to SUPPLIER under this Agreement or otherwise, and all rights and/or goodwill associated with such Other Marks or intellectual property rights in connection with End Product shall not inure to the benefit of SUPPLIER. 3.4 Within 14 days after the end of each of BUYER’s fiscal quarters, BUYER shall submit a written quarterly report to SUPPLIER concerning sales of the End Products in the Territory for such quarter. 3.5 BUYER shall use the Products only for development, sales, maintenance and/or service of End Products and shall not sell the Products itself to any third parties with and/or outside of territory. 3.6 BUYER shall not use the Products for mobile application such as automobile. 3.7 BUYER shall not use trademarks, logos, signs or other marks owned by SUPPLIER for End Products.

Appears in 4 contracts

Samples: Supply Agreement, Supply Agreement (Power Solutions International, Inc.), Supply Agreement (Power Solutions International, Inc.)

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