Puerto Rico Distributor Agreement Sample Clauses

Puerto Rico Distributor Agreement. Xxxxxx Puerto Rico shall have --------------------------------- executed the Puerto Rico Distributor Agreement;
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Puerto Rico Distributor Agreement. On or prior to the Closing Date, Buyer shall, and BFC shall cause Xxxxxx Foods Puerto Rico, Inc., a Delaware corporation and a subsidiary of BFC ("Xxxxxx ------ Puerto Rico"), to execute and deliver a six-month distributor agreement, ----------- substantially in the form attached hereto as Exhibit F (the "Puerto Rico ----------- Distributor Agreement"). If the Puerto Rico Distributor Agreement shall be --------------------- terminated in accordance with its terms, BFC shall cause Xxxxxx Puerto Rico not to assert Dealer's Contract Law, Law 75 of June 24, 1964 (101PRA (S) 278) ("Law 75") or to contest the exclusive jurisdiction and governing law ------ provisions of such agreement; provided, however, that BFC's obligations under -------- ------- this sentence shall be terminated if BFC shall transfer all or substantially all of the stock of Xxxxxx Puerto Rico to a third party and if, in connection with such transfer, such third party shall agree to assume BFC's obligations under this sentence; and provided, further, that if the third party which acquires all -------- ------- or substantially all of the stock of Xxxxxx Puerto Rico is a Puerto Rican person, then such Puerto Rican person shall agree, in a document subject to the law and exclusive jurisdiction of a jurisdiction other than Puerto Rico, to indemnify and hold harmless Buyer against any breach of such Puerto Rican person's agreement, in connection with a termination of the Puerto Rico Distributor Agreement in accordance with its terms, to cause Xxxxxx Puerto Rico not to assert Law 75 or to contest the exclusive jurisdiction and governing law provisions of such agreement

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