How is Sales and Distribution defined in a legal contract?
- Sales and Distribution means customer service, return management, order handling, storage, logistics, compliance with serialization, invoice preparation, sales recording, distribution, and collection of payments relating to the sale and distribution of a product. Seen in 3 SEC filings.
- Sales and Distribution means all sales-related and distribution activities connected to the product commercialization, including customer service, handling of returns, order processing, stock management, storage, shipping, serialization compliance, invoicing, booking of sales, distribution, and collection of receivables. Seen in 1 SEC filing.
Please note, definitions related to ""Sales Representative"" and ""Samples"" were found, but not included as they are not directly related to the term ""Sales and Distribution"".
The definition mentions a specific clause which has been omitted here for the purpose of generic meaning.
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of sales and distribution' yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
Sales and Distribution means handling customer service, sales recording, return management, order processing, storage, logistics, serialization compliance, invoicing, and receivables collection for a product.
Relevant Contract Types
Relevant Circumstances
- Establishing a partnership for sales and distribution.
- Defining responsibilities of different parties in product sales and distribution.
- Legal dispute about roles and duties in the sales and distribution process.
Relevant Sectors
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Sales and Distribution means handling customer service, sales recording, return management, order processing, storage, logistics, serialization compliance, invoicing, and receivables collection for a product.