Exchange Territory definition
Exchange Territory means the CCR Territory (as defined in the Asset Exchange Agreement, dated October 17, 2014, between CCR, the Buyer and the other parties thereto).
Exchange Territory means all of the exclusive production and distribution territory (generally in Lexington, Kentucky) that CCR transferred to Bottler in May 2015 in an exchange transaction.
Examples of Exchange Territory in a sentence
In connection with any such conversion, Company will cause CCR to pay a fee to Bottler in cash (or another mutually agreed form of payment) an amount that is equivalent to 0.5X EBITDA for such Exchange Territory measured using the twelve month period ending on the fiscal quarter most recently completed on or immediately prior to such conversion which amount shall be payable at the time such conversion occurs.