Product Distributor definition

Product Distributor means a provider of business-to-customer products and/or services.
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Examples of Product Distributor in a sentence

  • Likewise, in the performance of this Agreement, Product Distributor will each act in conformity with: • the Registration Statement; • the Distribution and Service Plan; • the terms of the Contracts and Policies and prospectuses or other disclosure statements for the Contracts and Policies; and • written compliance policies and procedures of the Insurers or itself relating to matters covered by this Agreement.

  • In such an event, GEID shall have no obligation to pay any further compensation to Product Distributor for Sales Services or Investor Services provided by Product Distributor or Selling Broker-Dealers unless and until the Company pays GEID for such services.

  • Product Distributor represents and warrants that it is a corporation duly organized and validly existing in good standing under the laws of the State of California, and is qualified to act as a broker-dealer in the states and other jurisdictions in which it transacts business.

  • Product Distributor shall provide to GEID upon request written certification of the continued effectiveness of each representation and warranty made by it in Section 4 of this Agreement.

  • Product Distributor agrees that its agreements with Selling Broker-Dealers shall include assurances from Selling Broker-Dealers to it that conform, in substance, to those that it provides to GEID in Sections 2(c), 2(d), 2(e), 3(b), and 3(e) of this Agreement.

  • In performing services under this Agreement, Product Distributor is acting as agent for the Insurers.

  • Product Distributor represents and warrants that it will use the compensation paid to it by GEID under this Agreement for Sales Services or a combination of Sales Services and Investor Services and will not use such compensation to finance activities primarily intended to result in the sale of Contracts or Policies.

  • Product Distributor is not an agent of GEID or the Company and shall have no authority to act for or represent GEID or the Company.

  • Notwithstanding the foregoing, Product Distributor understands and acknowledges that the Company may, without prior notice, suspend or eliminate the payment of compensation to GEID, including payments under the Distribution and Service Plan, by amending or supplementing its prospectuses for the Shares.

  • Product Distributor shall be solely responsible for its own compliance with applicable law and regulations and shall rely exclusively on its own determination, or that of its legal advisers, that the performance of its duties under this Agreement complies with such laws and regulations.

Related to Product Distributor

  • Distributor means a person who distributes.

  • Wholesale distributor means any person other than a manufacturer, a manufacturer's co-licensed

  • Product means any deliverable under the Contract, which may include commodities, services, technology or software.

  • Supplier means the successful bidder who is awarded the contract to maintain and administer the required and specified service(s) to the State.

  • Reseller is a category of CLECs who purchase the use of Finished Services for the purpose of reselling those Telecommunications Services to their End User Customers.

  • Third Party Products means the Third Party Software and Third Party Hardware.

  • Manufacturer means the person or body who is responsible to the approval authority for all aspects of the type approval process and for ensuring conformity of production. It is not essential that the person or body is directly involved in all stage of the construction of the vehicle, system, component or separate technical unit which is the subject of the approval process.