§ 696-A — Definitions

§ 696-a. Definitions. As used in this article unless the context\nrequires otherwise:\n 1. "Current net price" means the price listed in the supplier's\neffective price list or catalogue, less any applicable trade and cash\ndiscounts.\n 2. "Dealer" means any person selling or agreeing to sell primarily\nequipment under an agreement with a supplier.\n 3. "Equipment" means vehicles and machinery and the accessories and\nparts thereto which are designed to be used for farm and agricultural\npurposes, lawn, garden, golf course, landscaping or grounds and\nmaintenance/utility activities, provided however that self-propelled\nvehicles primarily for the transportation of persons or property on a\nstreet or highway are specifically excluded.\n 4. "Dealer agreement" means any agreement between a supplier and a\ndealer by which the dealer is authorized to engage in the business of\nthe retail sale, lease and/or service of equipment in accordance with\nmethods and procedures prescribed by the supplier.\n 5. "Net cost" means the price the dealer paid to the supplier for the\nequipment, less all applicable discounts allowed, plus the freight costs\nfrom the supplier's location to the dealer's location.\n 6. "Supplier" means the manufacturer, wholesaler or distributor of the\nequipment to be sold by the dealer.\n