Common use of Initial Obligation Clause in Contracts

Initial Obligation. ZEROS agrees to sell to Licensee a license and related rights within the geographical area designated in Paragraph 8, above, for the operation and/or sale of energy recycling systems known as ZEROS.

Initial Obligation. ZEROS agrees to sell to Licensee a license and related rights within the geographical area designated in Paragraph 86, above, for the operation and/or sale of energy recycling systems known as ZEROS.