Target Region definition
Examples of Target Region in a sentence
The Group’s strategy is to strengthen its leading position in its Target Region and to develop into the largest vertically integrated agro holding in Central Ukraine.
Net income generated from business in the Target Region or from the acquisition or combination with any Acquired Person shall be determined in accordance with the principles outlined in this Agreement, where applicable.
If, subject to Section 5.1(c), Otsuka fails to exercise Commercially Reasonable Efforts to Develop, obtain Regulatory Approval for and Commercialize a Licensed Product in a Target Region, then MethylGene shall have the right to terminate this Agreement pursuant to Section 11.2 with respect to all Selected Compounds and Licensed Products solely in such Target Region.
Notwithstanding the foregoing, the cessation of efforts by Otsuka to Develop, obtain Regulatory Approval for and Commercialize at least one (1) Licensed Product in a Target Region for a period of longer than […***…] months because Otsuka has lost interest in or otherwise “shelved” all Licensed Products in such Target Region (an “Unreasonable Delay”) shall be deemed a failure to exercise Commercially Reasonable Efforts.
To the extent that Parent or an Affiliate of Parent requires the Surviving Corporation to manage or operate (A) a business or (B) another Affiliate that operates outside of the Target Region, any increase in net income of the Parent or such Affiliate of Parent attributable to such managed or operated business or other Affiliate shall be credited to the Surviving Corporation for purposes of Section 1.7(a) hereof.
The Group’s staff selects parts of modern agricultural technologies and adopt them to specific conditions of the Target Region.
I understand that this choice is irrevocable, provided, however, that in the event that, in the opinion of Management, suitable investments can not be found in the Designated Target Region within a period of _______________, I may either select a new Designated Target Region or select an alternate existing Designated Target Region for the reallocation of my investment.
I understand that Management will endeavor to invest in private placement debt securities within my Designated Target Region, but there is no guarantee that Management will be able to do so.