Option Territory definition

Option Territory means the country(ies) set forth in Exhibit 1.62 (Option Territory).
Option Territory means, and shall be limited to, _____________________.
Option Territory shall be Worldwide.

Examples of Option Territory in a sentence

  • ISURF hereby grants to Company an option to obtain a license under the Option Technology to make, use and sell Products in the Option Field and the Option Territory.

  • Notwithstanding the foregoing, the Parties acknowledge and agree that BRI may not disclose any Confidential Information of Ultragenyx to [***] or any other licensee or sublicensee of the Compound and/or Product in the Option Territory without Ultragenyx’s prior written consent.

  • As between the Parties, BioGenerics shall have the sole right to conduct Process Development inside or outside the Territory, and subject to Section 2.3 (Option to Obtain a License in Option Territory), to research, develop, manufacture, and commercialize the Products outside the Territory.

  • Within three (3) months after the exercise by Licensee of the Option Territory Option, the Parties shall negotiate in good faith a definitive written license agreement, which will specify the terms of the licensing arrangement, and shall be consistent with all of the relevant provisions of this Agreement.

  • Licensee acknowledges that the direct ownership of any Licensed Xxxx with respect to any country in the Option Territory may be held by a Licensor Affiliate.


More Definitions of Option Territory

Option Territory shall be limited to .
Option Territory means any of the following groups of countries or jurisdictions, in all cases excluding the Initial Territory and all APAC Countries: (a) Europe, (b) Latin America, (c) North America, (d) Middle East, (e) Africa, and (f) countries and jurisdictions outside of the countries and jurisdictions in clauses (a) through (e); [*****].
Option Territory means the United States, Canada, Mexico, and the member states of the European Patent Organisation (including without limitation Switzerland and United Kingdom of Great Britain and Northern Ireland), and their respective territories and possessions.
Option Territory means worldwide except for the United States, Canada and Mexico.
Option Territory means any country in the world other than (i) the Territory, (ii) Australia and (iii) New Zealand.
Option Territory means, collectively, the Option Sections with respect to which the Company's rights under Section 6.2 have not expired or been exercised.
Option Territory means all the countries in the world except for China.