Examples of Extended Territory in a sentence
Our contract grants us the right to explore and develop the Aksaz, Dolinnoe and Emir oil and gas fields, referred to herein as "the ADE Block" as well as an area adjacent to the ADE Block referred to herein as "the Extended Territory." The ADE Block and Extended Territory are collectively referred to herein as "our properties." We are currently in the development stage.
If Ovid fails to do so, then such country or countries shall, following receipt of written notice from Takeda, cease to be part of the Ovid Extended Territory and shall thereafter be deemed part of the ROW Territory for all purposes hereof.
If Takeda fails to give any such notice (or notifies Ovid that it does not elect to include any such country or countries in the Extended Takeda Territory), then such country or countries shall thereafter be deemed part of the Ovid Extended Territory for all purposes hereof, provided that Ovid begins to Commercialize the Products in such country or countries within [*] after the date of Takeda’s notice or the expiration of such [*].
Servier shall continue to prosecute, maintain, and bear costs associated with such Servier Patent Rights in the Optional Extended Territory.
In July 2006 we commenced re-entry operations on the Borly-2 well located in the Borly structure in the Extended Territory.