Territory One definition
Examples of Territory One in a sentence
Empyrean hereby appoints Distributor as its exclusive distributor to market, sell and promote by itself and/or through its distributors, the Products described in Exhibit A, attached hereto and made a part hereof during the term of this Agreement, in the territories described under "Territory One" in Exhibit B (collectively, the "Territory"), and subject to the terms and conditions of this Agreement.
Distributor's appointment as Empyrean's exclusive distributor for the Products shall be automatically expanded to include the countries listed as "Territory Two" countries in Exhibit B (and which countries shall therefore form part of the "Territory") in the event that Distributor is able to appoint distributors of the Products in at least three of the eight countries listed as "Territory One" countries in Exhibit B within four months after the date of this Agreement.
From the North American Territory to a Destination Outside the North American Territory: One result report will be transmitted via facsimile plus one hard copy report will be sent via standard postal service per visit for countries other than the North American Territory.
From the United Kingdom to a Destination within the European Territory: One result report will be transmitted via facsimile plus one hard copy report will be sent via standard postal service per visit.
MacroMed shall have the option, at its own expense, of instituting and prosecuting a claim, suit, action or other proceeding against such person for infringement, at its expense and through counsel of its choice, in which case Genex shall cooperate with MacroMed in all reasonable ways in the prosecution of such claim, suit, action, or other proceeding against such infringement in Designated Territory One.
However, MacroMed hereby grants to Genex, per Section 2, a license and right to use such invention during the term of the license granted in this Restated Agreement to Genex in Territory One under Section 2.1 above.
Any royalties paid to a Third Party in Territory One by Licensee pursuant to this Section 3.1(e) shall, for purposes of Section 3.2, be deemed to have been Royalties paid to Licensor.
MacroMed represents to Genex that currently MacroMed is engaged in “Phase II clinical trials” for the Product in the U.S.A. MacroMed shall also supply the Product to Genex in sufficient quantities to support any development for a price negotiated by the Parties in good faith and commercialization (pricing and terms to be agreed upon) efforts by Genex in Designated Territory One.
Genex may (but will not be obligated to) file for trademark protection for the Trademark within Designated Territory One.
During the term of the license under this Section 2.1, MacroMed shall have no right to market, sell, or offer for sale Product directly, or indirectly through any distributor or other party, in Designated Territory One.