Territorial Rights definition

Territorial Rights means a protected territory, exclusive territory, covenant not to compete, right of first refusal, option or other similar arrangement granted by either Seller to any Franchisee.
Territorial Rights has the meaning set forth in Section 3.14(h).
Territorial Rights has the meaning set forth in Section 5.19(e).

Examples of Territorial Rights in a sentence

  • Furthermore, to the extent the Extra Territorial Rights may not be superseded under the applicable law, any payments or benefits under applicable law, any payments or benefits under this Agreement shall be reduced on a dollar for dollar basis for any amounts paid Executive for any Extra Territorial Rights.

  • If, during the course of Executives employment with Company or its Affiliates, Executive may acquire any compensation, retirement, severance or other similar rights or benefits under the laws of a country other than the United States of America, ("Extraterritorial Rights") then the compensation and benefits of this Agreement shall supersede and replace such Extra Territorial Rights to the extent permitted by law.

  • No Franchisee’s Territorial Rights conflict with the Territorial Rights of any other Franchisee.

  • We collaborate and coordinate our efforts as one global organization 9.1 Strategic Planning9.2 Membership roles and responsibilities9.3 Territorial Rights and Interests9.4 Resourcing the Global SystemWhen it comes to territorial matters, Fairtrade Members commit to treating each other fairly and respectfully, and to following the policy on Territorial Rights and Interests adopted at the General Assembly in 2018, and the processes laid out therein for consultation and information sharing.

  • Except as may be granted by operation of law, no Franchisee’s Territorial Rights conflict with the Territorial Rights of any other Franchisee.


More Definitions of Territorial Rights

Territorial Rights has the meaning set forth in Section 4.34(o) below.
Territorial Rights means a protected territory, exclusive territory, covenant not to compete, right of first refusal, option or other similar arrangement granted by the Company to any Franchisee. Except as described in Section 4.1.24(vii) of the Company Disclosure Letter, no Franchisee’s Territorial Rights conflict with the Territorial Rights of any other Franchisee. Except as set forth on Section 4.1.24(vii) of the Company Disclosure Letter, to the extent the Company granted any such Territorial Rights (whether or not disclosed or required to be disclosed herein), the Company has complied with such Territorial Rights and in the course of offering or selling Franchises, the Company has not violated the Territorial Rights of any Franchisee.
Territorial Rights has the meaning specified in Section 3.19(e).
Territorial Rights shall have the meaning set forth in Section 4.28(j).
Territorial Rights has the meaning set forth in Section 4.13(m).
Territorial Rights is defined in Section 3.24(f).
Territorial Rights is defined in Section 5.23(n).