Examples of Exclusive Territories in a sentence
Where mutually beneficial, Parties agree to negotiate in good faith to amend the Exclusive Territories and / or Other Territories to this Agreement.
Subject to Section 6.9, Novartis will bear overall responsibility, and shall use Commercially Reasonable Efforts, to Commercialize the Product(s) and optimize the value of the Product(s) to the Parties worldwide;***** Subject to the terms and conditions of this Agreement, Novartis will have Exclusive Rights to Commercialize Products in the Exclusive Territories during the Agreement Term.
Novartis shall be responsible for, and shall use Commercially Reasonable Efforts in, planning and conducting all Development activities relating to Products in the Exclusive Territories; provided, however, that Novartis shall advise Tanox, through the Development Working Group, regarding its plans for, and activities with respect to, the Development of Products in the Exclusive Territories.
If the Parties agree to include additional countries, the parties will execute an Additional Territory Addendum, memorializing the new Territories and minimum purchases associated with additional Exclusive Territories in the terms of their agreement.
The COM PANY hereby grants to the DISTRIBUTOR an exclusive license to use any and all trademarks, logos and other markings used by the COMPANY in the Exclusive Territories to promote and market the Products in the Exclusive Territories.
All Development Costs incurred by Novartis in Developing Products for the Exclusive Territories will be borne*****.
Said license shall grant Exclusive Rights with respect to Exclusively Licensed Tanox Patents in the Exclusive Territories and shall grant Semi-exclusive Rights with respect to Exclusively Licensed Tanox Patents in the Semi-exclusive Territories, and in each case, such exclusivity will extend to all Antibodies within the definition of the applicable Product.
Without limiting the foregoing, Novartis shall consult with Tanox, through the PSC and applicable Working Group(s) regarding its plans for, and activities with respect to, the Development of Products in the U.S.A. and shall advise Tanox, through the applicable Working Group(s) regarding its plans for, and activities with respect to, the Development of Products in the Exclusive Territories.
The Exclusive Territories shall be all of North America, Central America, the Caribbean Basin Countries, and South America.