Other Competing Products Sample Clauses
The 'Other Competing Products' clause defines the rights and limitations regarding a party's ability to develop, market, or sell products that compete with those covered by the agreement. Typically, this clause outlines whether the parties are restricted from engaging with similar or directly competing products, and may specify exceptions or carve-outs for pre-existing products or business lines. Its core function is to manage competition between the parties, prevent conflicts of interest, and protect the commercial interests of the party seeking exclusivity or market advantage.
Other Competing Products. For a period of ***** from first commercial launch of a Product in the Sublicense Territory, Sublicensee shall not offer to sell, sell, or have sold a product, other than the Product or a Combination Product, for the treatment of hyperphosphatemia in the Sublicense Territory. Nothing in this Section 11.2 shall prevent Sublicensee from engaging in research and development activities for such a product in anticipation of marketing and selling after expiration of the ***** period. Further, nothing in this Section 11.2 shall relieve Sublicensee of their obligations under Article 7 to diligently advance the development and commercialization of Products in the Sublicense Territory.
Other Competing Products. For a period of ****** from first commercial launch of a Product in the Sublicense Territory, Sublicensee shall not offer to sell, sell, or have sold a product, other than the Product or a Combination Product, for the treatment of hyperphosphatemia in the Sublicense Territory. Nothing in this Section 11.2 shall prevent Sublicensee from engaging in research and development activities for such a product in anticipation of marketing and selling after expiration of the ****** period. Further, nothing in this Section 11.2 shall relieve Sublicensee of their obligations under Article 7 to diligently advance the development and commercialization of Products in the Sublicense Territory. ****** Confidential material redacted and filed separately with the Commission.
Other Competing Products. Without the prior written consent of the Royaltyholders who hold at least a majority of the Percentage Interests of all Royaltyholders, LifeQuest will not,during the Royalty Period, directly or indirectly, manufacture or offer for sale any device or apparatus, other than a Dexterity Product, which is generally similar to, may be used as a substitute for, or otherwise is or would be competitive with any Dexterity Product.