Tuesday, August 22, 2006

Distributorship Vocabulary

Vocabulary
1. products
2. territory
3. Appointment and Acceptance
4. distributor
5. Orders and Shipments
6. in placing order
7. precise
8. discretions
9. in excess of
10. perils of the sea
11. Price and Payment
12. open - establish
13. Minium Purchase
14. FOB Pusan, FOB = Free on Board
15. subject to
16. Technical Assistance
17. by means of information and illustrated materal
18. installation and maintenance
19. costs for lodging
20. be borne by
21. Spare Parts
22.pursuant to ~ ( in accordance with)
23. Inspection and Warranty
24. replacement
25. damage suffered by distributor 26. for its own account
27. Report
28. quarterly reports
29. Trademarks
30. tradenames
31.propietary rights
32. Distributor shall not alter, deface, remove, cover or mutilate.
33. Status of Distributor
34. principal and agent
35. on behalf of
36. at all times
37. applicable laws
38. governing law
39. disclose
40. Term
41. be extended for successive
42. Termination
43. receiver
44. assignee
45. trustee
46. ceases to fuction as a going concern or to conduct its operations.
47. Force Majeure
48. evidence proving its occurance 49. in violation of 50. Distributor's Responsibility
51. adequate stocks facilities 52. with all due speed
53. Governing Law
54. Arbitration
55. Miscellaneous Provisions
56. entire agreement-amendments

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