Commercial Exclusivity Sample Clauses

Commercial Exclusivity. With respect to any Product, Developed ERS Product or Derivative that has been commercialized in connection with a Joint Development Activity and for so long as the applicable Joint Development Plan remains in effect, (a) ERS shall not knowingly supply Product or Developed ERS Product to any third party within the applicable Joint Development Activity Field except in the context of an existing or future contractual relationship of the type exempted from the exclusivity requirements of Section 3.3 for the supply of non-commercial quantities of such Product, Developed ERS Product or Derivative for research purposes only, and (b) Stepan shall source all of its requirements for such Products and Developed ERS Products from ERS. If ERS becomes aware that any third party to which ERS has supplied Product or Developed ERS Product has made use of such Product or Developed ERS Product within the applicable Joint Development Activity Field, ERS shall take all commercially reasonable actions to terminate supply to such third party or to otherwise prevent such use being made in a similar manner in the future.
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Commercial Exclusivity. 5.1 The Licensor and the Licensee agree to exclusively use and promote the individual services provided by the other in their separate business activities. Therefore, the Licensee and Xxxxx Xxxxxxx International Limited and Xxxxxxx Xxx International, Inc. and their respective affiliates will exclusively use the Licensor for all on-line Electronic Business applications and the Licensee for all on-line auction applications contemplated by this Agreement and the Licensor and Positive Asset Remarketing, Inc. and their respective affiliates will exclusively use the Licensee and/or Xxxxx Xxxxxxx International Limited and Xxxxxxx Xxx International, Inc. for the disposition of Corporate/Investment Assets pertaining to auctions and private treaty sales. The Licensor shall pay to the Licensee an amount equal to twenty percent (20%) of the gross profits derived from any and all business referred to the Licensor by the Licensee, and the Licensee shall pay to the Licensor an amount equal to twenty percent (20%) of the gross profits derived from any and all business referred to the Licensee by the Licensor. Notwithstanding anything to the contrary contained herein, the Parties recognize that Xxxxx Xxxxxxx International Limited and Xxxxxxx Xxx International, Inc. and their respective affiliates are presently developing the capability to allow bidders and others to

Related to Commercial Exclusivity

  • Non-Exclusivity The services of the Adviser to the Manager, the Allocated Portion and the Trust are not to be deemed to be exclusive, and the Adviser shall be free to render investment advisory or other services to others and to engage in other activities. It is understood and agreed that the directors, officers, and employees of the Adviser are not prohibited from engaging in any other business activity or from rendering services to any other person, or from serving as partners, officers, directors, trustees, or employees of any other firm or corporation.

  • Limited Exclusivity The Sub-Adviser agrees that it will not provide similar services to any other mutual fund which holds itself out to the public as "Environmentally Qualified" or otherwise "Socially Responsible" within the common meanings of those terms. Other than that, it is understood that the services of the Sub-Adviser are not exclusive, and that nothing in this Agreement shall prevent the Sub-Adviser from providing similar services to other investment advisory clients, including but not by way of limitation, investment companies or to other series of investment companies, including the Company (whether or not their investment objectives and policies are similar to those of the Funds) or from engaging in other activities, provided such other services and activities do not, during the term of this Agreement, interfere in a material manner with the Sub-Adviser's ability to meet its obligations to the Funds hereunder. When the Sub-Adviser recommends the purchase or sale of a security for other investment companies and other clients, and at the same time the Sub-Adviser recommends the purchase or sale of the same security for the Funds, it is understood that in light of its fiduciary duty to the Funds, such transactions will be executed on a basis that is fair and equitable to the Funds. In connection with purchases or sales of portfolio securities for the account of the Funds, neither the Sub-Adviser nor any of its directors, officers or employees shall act as a principal or agent or receive any commission. If the Sub-Adviser provides any advice to its clients concerning the shares of the Funds, the Sub-Adviser shall act solely as investment counsel for such clients and not in any way on behalf of the Company or the Funds. The Sub-Adviser provides investment advisory services to numerous other investment advisory clients, including but not limited to other funds and may give advice and take action which may differ from the timing or nature of action taken by the Sub-Adviser with respect to the Fund. Nothing in this Agreement shall impose upon the Sub-Adviser any obligations other than those imposed by law to purchase, sell or recommend for purchase or sale, with respect to the Funds, any security which the Sub-Adviser, or the shareholders, officers, directors, employees or affiliates may purchase or sell for their own account or for the account of any client.

  • No Exclusivity The remedies provided for in this Section 2.09 are not exclusive and shall not limit any rights or remedies which may be available to any indemnified party at law or in equity or pursuant to any other agreement.

  • Exclusivity Without prejudice to the Company’s rights under Section 5.4, the Company agrees not to appoint any other depositary for issuance of depositary shares, depositary receipts or any similar securities or instruments so long as The Bank of New York Mellon is acting as Depositary under this Deposit Agreement.

  • Termination of Exclusivity Section 10.2 (Exclusivity in Michigan) of this Agreement shall terminate upon any termination of the Agreements, notwithstanding any breach of the Agreements by the Band.

  • Royalty Term On a country-by-country and Licensed Product-by-Licensed Product basis, royalty payments in the Territory shall commence upon the first commercial sale of such Licensed Product, whether such sale is to a Public Purchaser, Governmental Authority or private entity or person and whether such sale is made under an EUA or Key Approval, in such country in the Territory and will terminate upon the later of: (a) the expiration, invalidation or abandonment date of the last Valid Claim of the Patents in the country of sale or manufacture of such Licensed Product in the Territory or (b) expiration of regulatory exclusivity of such Licensed Product in such country of sale in the Territory (the “Royalty Term”).

  • Non-Exclusivity of Services The Manager is free to act for its own account and to provide investment management services to others. The Fund acknowledges that the Manager and its officers and employees, and the Manager's other funds, may at any time have, acquire, increase, decrease or dispose of positions in the same investments which are at the same time being held, acquired or disposed of under this Agreement for the Fund. Neither the Manager nor any of its officers or employees shall have any obligation to effect a transaction under this Agreement simply because such a transaction is effected for his or its own account or for the account of another fund. Fund agrees that the Manager may refrain from providing any advice or services concerning securities of companies for which any officers, directors, partners or employees of the Manager or any of the Manager's affiliates act as financial adviser, investment manager or in any capacity that the Manager deems confidential, unless the Manager determines in its sole discretion that it may appropriately do so. The Fund appreciates that, for good commercial and legal reasons, material nonpublic information which becomes available to affiliates of the Manager through these relationships cannot be passed on to Fund.

  • LICENSE TERM The license term shall commence upon the License Effective Date, provided, however, that where an acceptance or trial period applies to the Product, the License Term shall be extended by the time period for testing, acceptance or trial.

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