RESTRICTIONS ON DNA TRANSACTIONS Sample Clauses

RESTRICTIONS ON DNA TRANSACTIONS. DNA hereby acknowledges that some uses of the DNA Licenses may adversely affect DWANGO's important business relationships. Therefore, notwithstanding anything to the contrary above, DNA grants DWANGO the right to designate in writing certain third parties ("Designated Parties") and certain transactions ("Designated Transactions"), which DWANGO believes would materially adversely affect one of its important business relationships. DWANGO shall provide DNA its list of Designated Parties and Designated Transactions on the Execution Date, and may revise this list at any time before August 14, 2003. After August 14, 2003, Designated Parties and Designated Transactions may only be added upon agreement of DWANGO and DNA. DNA hereby agrees not to license, sublicense or in any way convey any right or interest in the Licensed Product and/or any DWANGO Related Technology to any Designated Party and not to engage in any Designated Transactions. In addition, DNA agrees not to enter into any agreement with any third party that DNA believes will materially adversely affect DWANGO's important business relationships. DWANGO shall have the discretion to list third parties as Designated Parties and list particular transactions as Designated Transactions, as DWANGO may deem appropriate. However, DWANGO hereby agrees that it shall not list a third party as a Designated Party or list a particular transaction as a Designated Transaction unless DWANGO has a good faith belief that the prohibited transaction would materially adversely affect one of DWANGO's important business relationships. DWANGO may not designate any major wireless carrier operating in the Territory as a Designated Party, and may not designate any DNA transaction with a major wireless carrier operating in North America as a Designated Transaction. In addition, DWANGO agrees that it shall not designate a party as a Designated Party after DNA has entered into a transaction with such party, and that it shall not designate a transaction as a Designated Transaction after DNA has entered into such a transaction.
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Related to RESTRICTIONS ON DNA TRANSACTIONS

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