District of Columbia Security Agreement between Dealer and Distributor

State:
Multi-State
Control #:
US-1066BG
Format:
Word; 
Rich Text
Instant download

Description

Most, if not all, major loans or credit sales involve creating a lien on the property. A lien on real estate would take the form of a mortgage or a deed of trust. A lien on all other property would be covered by a security agreement. In this agreement, the borrower in a loan transaction or the buyer in a credit sale would give a security interest in personal property in order to secure payment of his loan or credit obligation. Granting a security interest in personal property is the same thing as granting a lien on personal property. Article 9 of the UCC deals with secured transactions. A creditor who complies with the requirements of Article 9 can create a security interest that protects him against the debtor's default by allowing the creditor to recover by selling the goods covered by the security interest.
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FAQ

An example of a distributor is a person who sells Tupperware home products. An example of a distributor is the part in a gas lawnmower that controls the flow of electrical currents to spark plugs. One that markets or sells merchandise, especially a wholesaler.

Exclusive dealing or requirements contracts between manufacturers and retailers are common and are generally lawful.

Parts of a Distribution AgreementNames and addresses of both parties.Sale terms and conditions.Contract effective dates.Marketing and intellectual property rights.Defects and returns provisions.Severance terms.Returned goods credits and costs.Exclusivity from competing products.More items...

An agency distribution agreement creates a fiduciary relationship between the agent and the manufacturer, allowing the agent to create legal relationships between the manufacturer and its customers.

What Constitutes the Dealership Agreements?Purpose of the agreement.Tenure of the Agreement.The obligation of the parties, which may include.The procedure of supply and return of goods.Promotion and training.Invoices and the mode of payment.Any restrictions upon the parties.Termination of the dealership.More items...

Products: The agreement should specify what products, product lines, or brands are included under the agreement. The agreement should also address whether and to what extent any new brands developed or acquired by the supplier would be included, or specifically, excluded from the agreement.

Sub-Distribution Agreements means those distribution, license or sales agency agreements entered into by the Distributor in respect of the Rights in the Territory.

A distributorship agreement is a document that creates a relationship of distributorship between a manufacturer and a distributor. The agreement confers on the distributor the right to supply the manufacturer's goods within a region or regions.

A distributor agreement, also known as a distribution agreement, is a contract between channel partners that stipulates the responsibilities of both parties.

Distribution agreements define the terms and conditions under which a distributor may sell products provided by a supplier. Such an agreement may be for a limited term, and be further restricted by territory and distribution channel.

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District of Columbia Security Agreement between Dealer and Distributor