Additional Relationships Sample Clauses
Additional Relationships. In addition to the Monthly Payments, the Parties intend to enter into a business relationship by and among themselves with [***]. Regarding any and all future business transactions between the Parties and [***], the Parties agree that MusclePharm will remit payment to Nutrablend for all purchase orders placed by [***] promptly upon MusclePharm’s receipt of payment from [***], but not to exceed thirty (30) calendar days of shipment to [***]. For the avoidance of doubt, Purchase Orders issued by MusclePharm to Nutrablend relating to [***] will count towards the minimum required amount of Purchase Orders in the Pay Period in which they are placed.
Additional Relationships. 1. To realize the full potential of the Children’s Centre vision, it will be necessary, expedient and desired to engage with additional parties outside of the two Partners.
2. These additional parties may be any one of or a combination of the following types of organizations to be included in shared arrangements: Government ministry Private sector (eg: pharmacy, health care professionals) Municipal government Public health agencies Social service organizations Others
3. These organizations and agencies will be referred to as Complementary Service Providers and will be differentiated from the Partners.
4. Specific arrangements with a Complementary Service Provider will be documented in a separate agreement which articulates the nature and terms of the arrangements.
5. The Partners maintain autonomy to develop, negotiate, and execute business relationships unrelated to the Children’s Centre focus with other organizations without the agreement of the other Partner. The Partners agree to discuss any such plans as soon as deemed acceptable in order to give consideration to the impact of such external agreements on the Children’s Centre partnership.
Additional Relationships. (1) The Parties acknowledge that the relationship between the Parties shall be a non-exclusive relationship that allows each Party to independently carry out its own commercial activities and pursue third-party commercial partnerships; provided, that, to the extent permitted under applicable Laws, neither Party will, without the prior written consent of the other Party, invest in or participate in any joint venture with the other Party’s Competitors. Notwithstanding the foregoing, nothing shall preclude a Party from entering into any transaction for the sale of all or substantially all of its equity securities with a competitor of the other Party provided any such transaction is subject to the receipt of shareholder approval of the transacting party.