Distribution Agreements · glossary
A right to buy that the holder may use or not. Clause 23.2 lets Cressby buy rented machines whose customers agree to move, with their contracts. In 2030 Cressby paid €900,000 for 500 of them, the older ones at €1,000 and the newer at €3,000. Agreement, clause 23.2 · Chapter 10 · see Buy-back, Customer Contract
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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