Dealer Principal definition

Dealer Principal means, in respect of a registered motor vehicle dealer, either (1) a registered salesperson who has an Ownership Interest in such registered motor vehicle dealer, or (2) a sole proprietor who is a registered motor vehicle dealer;
Dealer Principal means the person named in the Final Article of the Dealer Agreement as "Principal Owner" upon whose personal qualifications, expertise, integrity, experience, ability and representations Nissan has relied in entering into this Addendum, and any successor approved in writing by Nissan. For purposes of this Addendum, the terms "Dealer Principal" and "Principal Owner" are used interchangeably.

Examples of Dealer Principal in a sentence

  • Seller may from time to time develop standards and/or procedures for evaluating the performance of the Dealer Principal and Executive Manager and of Dealer's personnel generally.

  • No change in Dealer Principal or Executive Manager shall be effective unless and until embodied in an appropriate amendment to this Agreement duly executed and delivered by all of the parties hereto.

  • Seller has entered into this Agreement in reliance upon the integrity and ability of the Dealer Principal and Executive Manager and their expressed intention to deal fairly with the consuming public and Seller.

  • Seller shall have no obligation to transact business with any person who is not named as a Dealer Principal or Executive Manager of Dealer hereunder prior to having concluded its evaluation of such person.

  • Seller may, from time to time, evaluate the performance of the Dealer Principal and Executive Manager and will advise Dealer, the Dealer Principal and the Executive Manager of the results of such evaluations and the way in which any deficiencies affect Dealer's performance of its obligations under this Agreement.


More Definitions of Dealer Principal

Dealer Principal and "Principal Owner" are used interchangeably.
Dealer Principal means the person designated as such in the Dealer Ownership and Management Exhibit.
Dealer Principal. Date:______________________ [Auth Agnt] [Title] DEALER REAL TIME 2(TM) LICENSE TERMS & CONDITIONS Dealer agrees to the following terms and conditions, in addition to those set forth in the Master Subscription Agreement:
Dealer Principal. Date:_______________________ [AuthAgnt] [Title] APPENDIX "D" USED CAR CYBERSTORE(TM) ELECTION The undersigned Dealer elects to participate in the ABT Used Car CyberStore(TM) services program and agrees to the following terms and conditions, in addition to those set forth in the Master Subscription Agreement:
Dealer Principal. Date: ______________________ [AA_1ST_NAME] [AA_LAST_NAME] [AA_TITLE]
Dealer Principal or "Price"), FAA Concord N, Inc., ("Concord Nissan" or "Dealer"), and FirstAmerica Automotive, Inc., ("FAA").
Dealer Principal. Date:____________________ [AuthAgnt] [Title] APPENDIX "B" ABTAC FINANCING PARTICIPATION DISCLOSURE STATEMENT ABTAC has entered into arrangements with an affiliate of the Chase Manhattan Automotive Finance Corporation ("Chase"), Triad Financial Corporation ("Triad") and General Electric Capital Auto Financial Services Inc. ("GECAL") and may enter into agreements with additional banks and finance companies (each, a "Finance Company") to make available to ABT Purchase Requesters financing for vehicles purchases. Dealer desires to instruct ABTAC to specify to Finance Company a binding amount of fee or "dealer participation" for these financing arrangements, which amount Dealer will be paid directly by Finance Company. Dealer and ABTAC agree as follows: Dealer hereby instructs ABTAC to inform Finance Company that Dealer agrees to accept, subject to the terms of the dealer agreement between Finance Company and Dealer, as compensation for financing transactions, the amount indicated below. In doing so, Dealer accepts a [*] fee according to the following schedule to be paid directly to Dealer by Finance Company and Dealer shall not [*]. The following fee schedule will be paid to dealer directly by finance source. The flat rate fee schedule is as follows: [*] Acknowleged: [Legal Name]