Not a Distributor Sample Clauses
The "Not a Distributor" clause clarifies that a party to the agreement is not acting as a distributor of the other party’s products or services. This means the party does not have the authority to resell, market, or distribute the goods or services on behalf of the other, and is not subject to obligations or rights typically associated with a distributor relationship. By including this clause, the agreement avoids confusion about the nature of the business relationship and prevents unintended legal or commercial responsibilities related to distribution.
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Not a Distributor. The Subscriber is not a “distributor,” as defined in Regulation S. However, if the Subscriber should be deemed to be a distributor prior to reselling Securities to a non-U.S. Person during the restricted period, the Subscriber will send a notice to each new subscriber of Securities that such new subscriber is subject to the restrictions of Regulation S during the restricted period.
Not a Distributor. FRHL or the FRHL Shareholder is not a “distributor” as such term is defined in Regulation S, and neither FRHL nor any of the FRHL Shareholders is a “dealer” as such term is defined in the Act.
Not a Distributor. The Investor is not a distributor2 (as defined in Regulation S) or a dealer (as defined in the Securities Act).