REPORTING OUTSIDE THE TERRITORY Clause Samples
The "Reporting Outside the Territory" clause defines the rules and limitations regarding the dissemination or sharing of information, reports, or data beyond a specified geographic area, often referred to as the "Territory." In practice, this clause may restrict a party from providing reports or disclosing results to entities or individuals located outside the agreed-upon region, such as other countries or jurisdictions. Its core function is to control the flow of sensitive or proprietary information, ensuring compliance with local laws, protecting business interests, and preventing unauthorized use or distribution of information beyond the intended area.
REPORTING OUTSIDE THE TERRITORY. Cubist shall be responsible for reporting to the FDA and Regulatory Authorities outside of the Territory any adverse experience and safety issues for Licensed Products in compliance with the requirements of the U.S. Food, Drug and Cosmetic Act, 21 U.S.C. Section 321 et seq., the regulations promulgated thereunder, and the equivalent laws, rules and regulations in countries other than the United States outside of the Territory, and shall promptly thereafter provide to Chiron a copy of such report.