Material Distributor definition

Material Distributor means each Distributor that wrote variable or fixed annuity contracts included in the Reinsured Contracts that as of December 31, 2016 had an aggregate Account Value in excess of $1,000,000,000.
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Material Distributor shall have the meaning specified in Section 4.15(c).
Sample 1
Material Distributor means each of the Distributors listed on Schedule 1.1(i).
Sample 1

Examples of Material Distributor in a sentence

  • Section 3.19 of the Company Disclosure Letter sets forth a true, complete and correct list (to be identified on an anonymous basis) of the ten (10) largest distributors (each a “Material Distributor”) for and the ten (10) largest suppliers (each a “Material Supplier”) to the Company and the Company Subsidiaries for the fiscal year ended August 31, 2014 showing the total dollar number of sales to, or purchases from, as the case may be, each Material Distributor or Material Supplier during such period.

  • Each Distribution Contract with any Material Distributor that includes a provision or provisions requiring in substance that such Material Distributor complies in all material respects with all Applicable Laws relating to the offer or sale of insurance products, shares, units or equity interests in investment funds or other investment entities in connection with its activities relating to the Business.

  • No Material Customer, Material Supplier or Material Distributor has notified the Company or any Seller that (a) it is modifying or terminating its relationship, agreements or arrangements with the Company, or (b) indicates its intention to do so.

  • Except as set forth in Section 4.24 of the Company Disclosure Schedule, since the date of the Latest Balance Sheet, no Material Customer, Material Supplier or Material Distributor has cancelled, terminated, failed to renew, materially reduced or provided written notice of or taken any material actions with the Company and its Subsidiaries to cancel, terminate, fail to renew or materially reduce its relationship with the Company or any of its Subsidiaries.

  • Except as set forth on Schedule 4.21, the Company has not heretofore been required to provide any bonding or any other financial security arrangements in connection with any transaction with any Material Customer, Material Supplier or Material Distributor.

  • In the event Distributor desires to modify, in any way, or affix its corporate name and logo (alongside Davox's) to said Collateral Material, Distributor must provide a sample to Davox and receive Davox's prior written consent, which shall be in Davox's sole discretion prior to any use.

  • To the knowledge of Sellers, no Material Customer, Material Supplier or Material Distributor intends to terminate its relationship with the Company as a result of the Transaction.

  • Each Distribution Contract with any Material Distributor includes a provision or provisions requiring in substance that such Material Distributor complies in all material respects with all Applicable Laws relating to the offer or sale of Covered Insurance Policies, shares, units or equity interests in investment funds or other investment entities in connection with its activities relating to the Reinsured Business.

  • Seller’s relationship with the Material Distributors are good commercial working relationships, and Seller has not received, nor is aware of, any notice or intent from a Material Distributor to terminate its relationship with Seller.


More Definitions of Material Distributor

Material Distributor shall respectively mean (i) the top ten (10) customers of the Company and its Subsidiaries for the twelve months ended December 31, 2004, determined on the basis of the gross revenues for such year attributable to such customers, (ii) the top ten (10) suppliers of the Company and its Subsidiaries for the twelve months ended December 31, 2004, determined on the basis of the gross expenditures for such year attributable to such suppliers, and (iii) the top ten (10) distributors of the Company and its Subsidiaries for the twelve months ended December 31, 2004, determined on the basis of the gross revenues for such year attributable to such distributors.
Sample 1
Material Distributor means each of the twenty-five (25) most significant Distributors based on the Compensation earned by such Distributors from Seller or its Affiliates in connection with the Business during the twelve (12) months ended December 31, 2011.
Sample 1
Material Distributor means each Distributor with Compensation earned from a Seller or its Affiliates in connection with the Reinsured Business in excess of $500,000 during the twelve (12) months ended December 31, 2017.
Sample 1

Related to Material Distributor

  • Sub-Distributor means any sub-distributor appointed by the Distributor in accordance with the requirements of the Central Bank Notices as a sub-distributor of the Company.

  • Material Deviation refers to any contents or characteristics of the proposal that is significantly different from an essential aspect or requirement of the RFP, and : (i) substantially alters the scope and quality of the requirements; (ii) limits the rights of UNDP and/or the obligations of the offeror; and (iii) adversely impacts the fairness and principles of the procurement process, such as those that compromise the competitive position of other offerors.

  • Material Customers has the meaning set forth in Section 3.15(a).

  • Material Group Company means the Issuer or a Subsidiary representing more than 10.00 per cent. of either (i) the total assets of the Group on a consolidated basis (for the avoidance of doubt, excluding any intra-group transactions) or (ii) the EBITDA of the Group on a consolidated basis according to the latest Financial Report.

  • Material Disposition means any Disposition of property or series of related Dispositions of property that yields gross proceeds to the Borrower or any of its Subsidiaries in excess of $1,000,000.

  • Material Customer has the meaning set forth in Section 3.21(a).

  • Acquired Entities means the Company and the Company Subsidiaries.

  • Material Supplier has the meaning set forth in Section 3.20.

  • Material Suppliers has the meaning set forth in Section 3.15(b).

  • Material Company means, at any time:

  • Acquired Company means any business, corporation or other entity acquired by the Company or any Subsidiary.

  • Material Document Defect As defined in Section 2.03(a) of this Agreement.

  • Company Subsidiary means any Subsidiary of the Company.

  • Company Subsidiaries means the Subsidiaries of the Company.

  • Target Companies means the Target and its Subsidiaries.

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • Material Related Party Transaction means a transaction with a related party if the transaction / transactions to be entered into individually or taken together with previous transactions during a financial year, exceeds ten percent of the annual consolidated turnover of the company as per the last audited financial statements of the company.

  • Independent Distributor means a person, business, or firm that is neither authorized nor franchised by an Original Component Manufacturer (“OCM”) to sell or distribute the OCM’s products but which purports to sell, broker, and/or distribute such OCM products. Independent Distributors are also referred to as unfranchised distributors, unauthorized distributors, and/or brokers.

  • Material Gas Imbalance means, with respect to all Gas Balancing Agreements to which Borrower or any Restricted Subsidiary is a party or by which any Oil and Gas Interests owned by Borrower or a Restricted Subsidiary is bound, a net overproduced gas imbalance to Borrower and the Restricted Subsidiaries, taken as a whole, in excess of $10,000,000.

  • ANI means automatic number identification.