Far East Countries definition
Examples of Far East Countries in a sentence
In the event that CIL declines to exercise its Right or does not reply to ALTEON's notice within the Exercise Period, ALTEON shall be free to negotiate a license for the Products in the Field in the Far East Countries with a third party.
CIL will then prepare a development plan and schedule for the development of all assays which CIL is then developing pursuant to Section 5.1 or 5.3 for the Far East Countries, on a platform to be determined by CIL, taking into account such factors as potential market size, frequency of testing and location of testing (i.e. reference laboratories, etc.) for such assay(s).
Upon exercise of the Right and agreement on appropriate development milestones for Products in the Far East Countries, the Territory shall be expanded to include the Far East Countries and shall be subject to all of the terms and conditions contained in this Agreement applicable thereto.