Approved Vendor definition
Examples of Approved Vendor in a sentence
Owner hereby consents to recording of this Agreement by Approved Vendor or any Third-Party Beneficiary with the recorder of deeds of the county in which the Property is located.
These COEs will attend trade shows and conferences, prominently displaying and featuring the "Sourcewell Approved Vendor" status specific to our offerings.
Failure of such assignee to become an Approved Vendor or to assign this Agreement to an Approved Vendor within such one hundred eighty (180) day period shall constitute an Event of Default for the Agreement between Buyer and the assignee.
Owner agrees that this commitment is a covenant that runs with the Property (the “Covenant”) and that Approved Vendor will have the right to terminate this Agreement upon Owner’s breach of the Covenant.
However, if the assignee is a financing party who has become a transferee as a result of a foreclosure on collateral (including this Agreement) pledged or collaterally assigned as described above, the requirement that such assignee be approved by the IPA as an Approved Vendor shall be postponed for up to one hundred eighty (180) days following the effectiveness of such foreclosure and related transfer.