Exclusivity Conditions Clause Samples
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Exclusivity Conditions. The exclusivity of the Appointment within the Territory is (a) conferred for the first two Contract Years for payment of three hundred thousand dollars ($300,00.) in the form of a Note, and in reliance on the Distributor’s undertaking in Section 3.1 for the Promotional Commitment, (b) conditioned for the third Contract Year on the Distributor’s performance of the Promotional Commitment and (c) conditioned for each successive Contract Year on the Distributor’s fulfillment of the volume benchmarks set forth below (each, a "Volume Target") for its purchase of Covered Products from the Company on the terms set forth in Section 4 during the immediately preceding Contract Year.
Exclusivity Conditions. For the Exclusive Field license to remain exclusive the RATLAB shall have completed the following within the specified time:
Exclusivity Conditions. Notwithstanding the provisions of Section 3.04(a) above, Tenant’s Exclusive Use is and shall at all times be subject to and conditioned upon the following:
(i) Tenant fully satisfying the covenant set forth in Section 3.04(b) above with respect to Landlord’s Protective ▇▇▇▇▇▇;
(ii) Either: (x) Tenant or a Tenant Affiliate is actively and with due diligence pursuing satisfaction of the Gaming License Condition for operation of a physical, in-person casino or other gaming establishment upon the Premises, or (y) Tenant or a Tenant Affiliate is actively and actually operating a physical, in-person casino or other physical, in-person gaming establishment upon the Premises; and
(iii) There exists no uncured Event of Default under any provision of this Lease on the part of Tenant, provided Landlord has at the time in question previously notified Tenant in writing of the Event of Default that remains uncured.
