Organization of the Distributor Sample Clauses

Organization of the Distributor. (a) The Distributor will use its best efforts to solicit sales of the Engines, to service customers for the Engines, and to promote the goodwill, Trademarks and interest of HEC. (b) The Distributor will establish and maintain a level of representation for the Engines reasonably satisfactory to HEC, by: (i) employing such reasonable numbers of individuals who have been adequately trained in the marketing and sales of the Engines as well as adequate numbers of service technicians who have successfully completed HEC training in the installation, startup, repair, field service and maintenance of the Engines; (ii) maintaining such premises, facilities and equipment for sales, stocking and servicing of the Engines as are, in HEC’s reasonable opinion, adequate for the Distributor’s sales targets, sales plans and marketing strategies as set forth in Section 2.4. The Distributor will ensure that full service support is provided to the customers purchasing Engines from it, regardless of the location of the customer. This full service support will include Engine start-up at the customer location(s), warranty registration, warranty repairs, and normal repairs and maintenance, including field service. This full service support will be provided by the Distributor directly, by its Dealers (as defined in Section 2.13) (if any), or through another HEC distributor, subject to the prior approval of both the customer and the other distributor. (c) The Distributor will establish and maintain adequate financial and credit resources needed to perform its obligations under this Agreement.
Sample 1
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Organization of the Distributor. The Distributor will use its best efforts to solicit sales of the Systems, to service customers for the Systems, and to promote the goodwill, Trademarks and interest of HEC.
Sample 1

Related to Organization of the Distributor

  • Organization of the Buyer The Buyer is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation.

  • Organization of the Company The Company is a corporation duly organized and validly existing and in good standing under the laws of the State of Nevada.

  • Organization of the Seller The Seller is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation.

  • Formation of the Company The Company was formed as a limited liability company under the Act on April 24, 2008. The Member hereby agrees that the person executing and filing the Certificate of Formation of the Company was and is an “authorized person” within the meaning of the Act, and that the Certificate of Formation filed by such authorized person is the Certificate of Formation of the Company.

  • Organization of Company The Company, a corporation duly organized, validly existing and in good standing under the laws of the State of Illinois and the Company is legally qualified to transact business in Illinois. The Company has full power and authority to own or lease and to operate and use its assets and to carry on its business at the Project. There is no pending or threatened proceeding for the dissolution, liquidation, insolvency, or rehabilitation of the Company.

  • Organization of the Trust AUTHORITY TO EXECUTE AND PERFORM VARIOUS DOCUMENTS; DECLARATION OF TRUST BY DELAWARE TRUSTEE

  • Organization of Buyer Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware.

  • Organization and Status Purchaser (a) is duly formed, validly existing and in good standing under the laws of the jurisdiction of its formation as set forth in the preamble to this Agreement, (b) is duly qualified, authorized to do business and in good standing in each other jurisdiction where the character of its properties or the nature of its activities makes such qualification necessary, and (c) has all requisite power and authority to own or hold under lease the property it purports to own or hold under lease and to carry on its business as now being conducted. Purchaser has made available to Seller complete and correct copies of the Organization Documents for Purchaser.

  • Organizational Existence Except as otherwise permitted by Section 3.6, each Credit Party will and will cause its Subsidiaries to at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material to its business.

  • Organization of Purchaser Purchaser is a corporation organized and in existence under the laws of the State of Delaware and has all requisite corporate power and authority to enter into this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby.

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