Purchase Price and Other Terms of Sale. a) Bona Fide Agreement If the Retailer has entered into a bona fide written buy/sell agreement, the purchase price and other terms of the sale will be those set forth in such agreement and any related documents unless the Retailer and the Franchisor agree to other terms. Upon the Franchisor's request, the Retailer will provide all other documents relating to the proposed transfer, including, but not limited to, those reflecting any other agreements or understandings between the parties to the buy/sell agreement. If the Retailer does not provide such documentation or state in writing that such documents do not exist, the agreement will be presumed not to be bona fide.
Appears in 2 contracts
Samples: Saturn Distribution Corporation Retailer Agreement (Sunbelt Automotive Group Inc), Lithia Motors Inc
Purchase Price and Other Terms of Sale. a) a. Bona Fide Agreement If the Retailer has entered into a bona fide written buy/sell agreement, . the purchase price and other terms of the sale will be those set forth in such agreement and any related documents documents, unless the Retailer and the Franchisor DMW agree to other terms. Upon the FranchisorDMW's request, the Retailer will agrees to provide all other documents relating to the proposed transfer, including, but not limited to, those reflecting any other agreements or understandings between the parties to the buy/sell agreement. If the Retailer does not provide such documentation or state in writing that such documents do not exist, the agreement it will be presumed that the agreement is not to be bona fide.
Appears in 1 contract
Purchase Price and Other Terms of Sale. (a) Bona Fide Agreement If the Retailer Dealer has entered into a bona fide written buy/sell agreement, the purchase price and other terms of the sale will be those set forth in such agreement and any related documents documents, unless the Retailer Dealer and the Franchisor agree to other terms. Upon the Franchisor's request, the Retailer will Dealer agrees to provide all other documents relating to the proposed transfer, including, but not limited to, those reflecting any other agreements or understandings between the parties to the buy/sell agreement. If the Retailer Dealer does not provide such documentation or state in writing that such documents do not exist, the agreement it will be presumed that the agreement is not to be bona fide.
Appears in 1 contract