Domain Terms definition
Examples of Domain Terms in a sentence
If COC does not exercise its preferential purchase right, then Domain may enter into a binding agreement or proceed to close on any such agreement already executed to transfer Domain’s Interests or cause a change of control with any party, on terms and conditions no less favorable to Domain than the Domain Terms, during a period (“Sale Period”) ending thirty (30) days after the Determination Period.
Registrant resides outside of Korea and consequently may not register a domain name under the TLD .KR in accordance with the Chapter 2 (Registration and Administration of Domain Names) Article 4 ① (Registrant Qualifications) of the NIDA Domain Terms and Conditions, Registrant authorizes the Trustee to register the desired domain name with an authorized registrar and to administer the domain name during the duration of this contract.
According to Section 3 Paragraph 1 of the Denic Domain Terms and Conditions, a customer who is not domiciled in Germany is required to appoint an administrative contact (Admin-C) domiciled in Germany when entering a domain contract with the Denic-Domain-Verwaltungs- und Betriebsgesellschaft eG in Frankfurt.
The Sales Agreement shall provide for the sale of Domain’s Interests to COC on the same terms as the Domain Terms, provided that the Sales Agreement shall not include any terms or conditions that were primarily included for the purpose of defeating or avoiding this preferential purchase right.
In accordance with Section 3 Paragraph 1 of the Denic Domain Terms and Conditions the customer in such a case is to appoint an administrative contact domiciled in Germany.
COC shall then have the right, for a period of thirty (30) calendar days (“Determination Period”) after the notice and Sales Agreement is delivered, to purchase Domain’s Interests on the Domain Terms, except for any terms or condition that were primarily included for the purpose of defeating or avoiding the preferential purchase right contained herein.
COC shall be deemed to have exercised its preferential purchase right on the date that it executes and returns the Sales Agreement, on the same terms as the Domain Terms (except for any terms or condition that were primarily included for the purpose of defeating or avoiding the preferential purchase right contained herein).