Specified Market definition
Examples of Specified Market in a sentence
This license shall be limited to the Specified Market and Geographic Scope (Territory) designated below.
During the term of the Agreement, Licensee shall forward to Licensor any and all inquiries and information related to the Product it has received from prospective customers not in the Specified Market for the Territory.
In consideration of the grant of the rights set forth herein, Licensee shall pay Licensor the sum of one percent (1%) of the Gross Revenues paid by Customers within the Specified Market, in the Territory.
Borrower ------------------------------------------------ shall provide Secured Party with not less than 120 days written notice of Borrower's proposal, or the proposal of any of Borrower's Affiliates, to own or operate any new business location within the Specified Market.
Name of the Specified Market Area Name of the purchase centre ………….....
In order to keep the License active for the Territory and the Specified Market, the Licensee shall pay minimum quarterly license fees which are due March 31, June 30, September 30 and December 31 and shall be applied as the Minimum Quarterly License Fee for the succeeding quarter.
Roche shall provide Gilead with Roche’s global commercial plans reasonably in advance of each meeting of the Joint Supervisory Committee, and in any event at least [ * ] prior to the meeting, which plans shall include historical and budgeted promotional spending levels, sales force activities, sales force size, major marketing activities, commercialization strategies, pricing strategies, forecasts and marketing analyses, in each Specified Market and Japan.
Licensor shall not set up another Licensee in the Specified Market, in the Territory as long as the terms of paragraph 2.5 are met and, in addition, the Licensee shall have achieved Gross Revenues of one-half, or more, of the Minimum Annual Sales Quota within the first six months of each measured year as specified in paragraph 6.2.