Examples of Network Member in a sentence
For each product purchased by a Network Member, GN Resound will pay Company a rebate equal to the amount by which the applicable Member Price actually collected by GN ReSound for such product sale exceeds the price payable by Company for such product hereunder.
The term of this Agreement will terminate automatically if (a) ----------- either party becomes insolvent, (b) the Networks prohibit Comdata from providing services related to the Card, (c) Issuing Bank ceases to be a Network Member, (d) the term of the Agreement between Comdata and Issuing Bank pertaining to the issue of Cards expires or terminates, or (e) the Networks prohibit this Agreement.
Notwithstanding the foregoing, Company may not add MFHC as a Network Member and shall not resell its products to MFHC.
Company shall inform in writing GN ReSound of the Member Price for any Network Member and such change shall only be effective 10 business days after GN ReSound receives written notice of such change.
Company shall set the price for at which each Network Member may purchase GN ReSound products (the “Member Price”), provided that the Member Price for each product shall at all times and in all cases be greater or equal to the price at which the Company may purchase the same product hereunder.