Distribution Agreements · glossary
A contract under which Tullavane sells a machine to a customer, or rents one with a service plan. At the end, the option lets Cressby buy a rented machine together with its Customer Contract, so the customer becomes Cressby’s. Agreement, clause 1.1, “Customer Contract” · Chapter 10 · see Option
Explained in Chapter 10, Ending a Distribution Agreement: Stock, Customers and Goodwill, of Distribution Agreements.
Machines out on rent are different. Each one sits with a customer under a Customer Contract, its rental contract with Tullavane. The next clause gives Cressby an option, a right to buy these machines that it may use or not…Read Chapter 10, Ending a Distribution Agreement: Stock, Customers and Goodwill →
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a contract under which the Distributor sells a Product to a customer, or rents one to a customer with a service plan;Read the definition in the document →
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