Non exclusive relationship clause Non-Exclusive Vendor Relationships. Dec 25, 2024 ยท This will determine whether a buyer agency agreement exists in their relationship with the agent, which outlines the terms of your relationship with them. The relationship between the parties is a non-exclusive one, which allows the Contractor and the Principal to engage in other activities, provided that all of the terms and conditions under this Agreement are strictly observed, including the avoidance of conflicts of interests. Waivers, Non-Exclusive Remedies No failure on the part of Agent or any Lender to exercise, and no delay in exercising and no course of dealing with respect to, any right under this Agreement or the other Loan Documents shall operate as a waiver thereof; nor shall any single or partial exercise by Agent or any Lender of any right under this Non-Exclusive Relationship/No Volume Commitment. Reverie Creative Agency shall be free to market its existing products and services and to develop and market additional products and services and to otherwise conduct its business, whether or not such business is now or in the future directly or indirectly competitive with the other party 's business. This can be beneficial for several reasons. The agent is authorized to represent the principal under this non-exclusive agreement. Related to Relationship of Parties / Non-Exclusivity. Venture Catalyst will act as a non-exclusive agent of the Company and shall use its best efforts in the performance of its services described above. These templates provide a framework for parties to define their rights and obligations in a non-exclusive relationship.
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