Korean Market definition
Examples of Korean Market in a sentence
POSCO Power shall be responsible for providing preventive maintenance service on all POSCO Products for which BOP was manufactured in the United States by FCE and sold by POSCO Power in the Korean Market.
The Parties agree that FCE may transfer the POSCO Technology to a third party (other than MTU) for the sole purpose of further developing and improving the FCE Technology, provided that any such development or improvement shall be transferred to POSCO Power and that the third party shall not use or commercialize the POSCO Technology in the Korean Market, without the prior written consent of POSCO Power, which consent shall be given at POSCO Power’s sole discretion.
FCE further agrees that it will not sell the FCE Products in the Korean Market or to any third party (except as permitted in the Alliance Agreement) which, in its reasonable judgment after due inquiry, may have an intention to re-sell the same in the Korean Market.
The parties shall use their reasonable best efforts to secure a waiver from Marubeni, pursuant to which Marubeni waives its distribution rights in the Korean Market, in form substantially similar to the form of waiver set forth in Exhibit E attached hereto (“Marubeni Settlement”).
FCE agrees to refer to POSCO Power all demonstration projects or orders from any Korean company for FCE Products to be sited in the Korean Market.
POSCO Power shall, at its sole expense, use its commercially reasonable good faith efforts to manufacture, promote, market, distribute, sell or otherwise commercialize the BOP technology in the Korean Market and distribute, sell, or otherwise commercialize the BOP technology in the Non-Exclusive Territory, in accordance with the terms of this Agreement and the other Transaction Agreements.
POSCO Power, at its sole expense, agrees to develop a marketing plan to advertise, promote and publicize the FCE Products in the Korean Market.
AMI will be granted a perpetual, royalty-free license to utilize the Joint IP outside the Korean Market.
Consult with ________ to identify, assess and choose the appropriate manufacturing schematic and infrastructure needed for the commercialization of halloysite clay and/or its derivatives for its use in ________ in LiB For purposes of clarity, during the Term of the Agreement AMI will not work with any third-party other than ________ to commercialize the use of halloysite clay and/or its derivatives in ________ in LiB for the Korean Market.
The Sales Royalty Payment will be based on a percentage of sales made by ________ of products incorporating halloysite and/or its derivatives for use in the ________ in LiB for the Korean Market.