TERMINATION UPON SIXTY DAYS NOTICE. The following conduct violates the terms and conditions of this Agreement and if Retailer engages in such conduct, MBUSA shall have the right to terminate this Agreement upon sixty (60) days notice if Retailer fails to cure such conduct within the sixty-day period provided in such notice: a. Failure of Retailer to pay MBUSA for any Mercedes-Benz Light Truck Products; b. Failure of Retailer to establish or maintain the required net working capital or adequate flooring and lines of credit; c. Any dispute, disagreement or controversy among managers, officers or Owners of Retailer that, in the reasonable opinion of MBUSA, adversely affects the ownership, operation, management, business, reputation or interests of Retailer or MBUSA; d. Impairment of the reputation or financial standing of Retailer subsequent to the execution of this Agreement; e. Refusal to permit MBUSA to examine or audit Retailer's accounting records as provided herein upon receipt by Retailer from MBUSA of written notice requesting such permission or information; f. Failure of Retailer to timely furnish accurate sales or financial information and related supporting data; or g. Breach or violation by Retailer of any other term or provision of this Agreement
Appears in 3 contracts
Samples: Retailer Agreement (HBL LLC), Retailer Agreement (Uag Connecticut I LLC), Retailer Agreement (United Auto Group Inc)
TERMINATION UPON SIXTY DAYS NOTICE. The following conduct violates the terms and conditions of this Agreement and and, if Retailer Dealer engages in such conduct, MBUSA shall have the right to terminate this Agreement upon sixty (60) days notice if Retailer Dealer fails to cure such conduct within the sixty-day period provided in such notice:
a. Failure of Retailer Dealer to pay MBUSA for any Mercedes-Benz Light Truck Maybach Passenger Car Products; ;
b. Failure of Retailer Dealer to establish or maintain the required net working capital or adequate flooring and lines of credit; ;
c. Any dispute, disagreement or controversy among managers, officers or Owners of Retailer Dealer that, in the reasonable opinion of MBUSA, adversely affects the ownership, operation, management, business, reputation or interests of Retailer Dealer or MBUSA; ;
d. Impairment of the reputation or financial standing of Retailer Dealer subsequent to the execution of this Agreement; ;
e. Refusal to permit MBUSA to examine or audit RetailerDealer's accounting records as provided herein upon receipt by Retailer Dealer from MBUSA of written notice requesting such permission or information; ;
f. Failure of Retailer Dealer to timely furnish accurate sales or financial information and related supporting data; or or
g. Breach or violation by Retailer Dealer of any other term or provision of this Agreement.
Appears in 2 contracts
Samples: Dealer Agreement (HBL LLC), Dealer Agreement (United Auto Group Inc)