Examples of Direct Account in a sentence
In the event ExxonMobil or Distributor receives a material supply or performance complaint from any Direct Account (“Direct Account Complaint”), the Party receiving the Direct Account Complaint will immediately notify the other Party.
Distributor may be obligated to pay commissions and fees to ExxonMobil, an ExxonMobil Affiliate or to the Direct Account in relation to a Direct Account Opportunity, in addition to those provided for in Article IX, to the extent that such Direct Account requires ExxonMobil or an ExxonMobil Affiliate to pay commissions, fees in connection with such Direct Account Opportunity.
ExxonMobil may make non-binding recommendations to Distributor regarding pricing, terms, pricing policies, credit and discounting policies for Direct Account; however, Distributor is not obligated to accept any such recommendations made by ExxonMobil.
In the event the Direct Account does not consent to the assignment of the Direct Account Opportunity to Distributor, or to the license or sublicense of the applicable Private Label Proprietary Marks to Distributor, or if Distributor elects not to accept the terms of any Direct Account Opportunity, then the Parties shall discuss in good faith the possibilities of supplying the Direct Account.
Notwithstanding anything to the contrary in this Agreement, in the event that ExxonMobil offers to Distributor, and Distributor accepts, a Direct Account Opportunity, Distributor must comply with ExxonMobil’s obligations to the Direct Account as notified to Distributor, and Distributor will be liable to ExxonMobil for any failure of Distributor to fulfill ExxonMobil’s obligations to such Direct Account as so notified to Distributor.