Common use of Most Favoured Status Clause in Contracts

Most Favoured Status. In the event that CI Plus LLP enters into a CI Plus Device Interim License Agreement (the “CI Plus Device Interim Agreement”) with another manufacturer of Licensed Products and/or Licensed Components, and such other agreement has terms that are materially different from and more favourable to such other manufacturer than the terms in this Agreement are to Licensee, then Licensee shall have the option of amending this Agreement to reflect such material modification, provided, however, that if such other CI Plus Device Interim License Agreement contains other material modifications from the terms of this Agreement, Licensee also agrees to be bound by such other modifications. CI Plus LLP shall post to the URL (with redaction of company-specific information) the most recent CI Plus Device Interim License Agreement entered into by CI Plus LLP that will be subject to most favoured status treatment under this Section 16.17.

Appears in 5 contracts

Samples: Plus Device Interim License Agreement, Plus Device Interim License Agreement, Plus Device Interim License Agreement

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Most Favoured Status. In the event that CI Plus LLP TA enters into a CI Plus Device Interim License Agreement (the “CI Plus Device Interim Agreement”) with another manufacturer of Licensed Products and/or Licensed Components, and such other agreement has terms that are materially different from and more favourable to such other manufacturer than the terms in this Agreement are to Licensee, then Licensee shall have the option of amending this Agreement to reflect such material modification, provided, however, that if such other CI Plus Device Interim License Agreement contains other material modifications from the terms of this Agreement, Licensee also agrees to be bound by such other modifications. CI Plus LLP TA shall post to the URL (with redaction of company-specific information) the most recent CI Plus Device Interim License Agreement entered into by CI Plus LLP TA that will be subject to most favoured status treatment under this Section 16.1716.16.

Appears in 1 contract

Samples: Plus Device Interim License Agreement

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Most Favoured Status. In the event that CI Plus LLP TA enters into a CI Plus Device Interim License Agreement (the “CI Plus Device Interim Agreement”) with another manufacturer of Licensed Products and/or Licensed ComponentsProducts, and such other agreement has terms that are materially different from and more favourable to such other manufacturer than the terms in this Agreement are to Licensee, then Licensee shall have the option of amending this Agreement to reflect such material modification, provided, however, that if such other CI Plus Device Interim License Agreement contains other material modifications from the terms of this Agreement, Licensee also agrees to be bound by such other modifications. CI Plus LLP TA shall post to the URL (with redaction of company-specific information) the most recent CI Plus Device Interim License Agreement entered into by CI Plus LLP TA that will be subject to most favoured status treatment under this Section 16.17.

Appears in 1 contract

Samples: Most Device Interim License Agreement

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