Exclusivity Termination Clause Samples
The "Exclusivity; Termination" clause establishes that one or both parties are restricted from entering into similar agreements with third parties for a specified period, while also outlining the conditions under which the agreement can be ended. Typically, this clause will detail the scope and duration of exclusivity, such as prohibiting a supplier from selling to competitors, and specify the events or notice requirements that allow either party to terminate the arrangement. Its core function is to protect the interests of the parties by ensuring commitment during the exclusivity period and providing a clear mechanism for ending the relationship if necessary.
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Exclusivity Termination. 38 9.01 Exclusivity........................................................38 9.02 Right of Parties to Terminate......................................39 9.03 Break-Up Fee.......................................................40 9.04
Exclusivity Termination. In addition to those reasons permitted elsewhere in this Agreement, Operator may also terminate HSAC's exclusive rights under Section 2.1 hereof if it is reasonably necessary to comply with any statutes, regulations, or court orders.
Exclusivity Termination. (a) The limited exclusivity under this Agreement may be terminated by Chrysler if:
(i) Except as otherwise provided in this Agreement, [***]
(ii) [***]
(iii) [***] (iv) [***]
Exclusivity Termination. Seller shall not manufacture for, or transfer any units of the Product to, any other party (except for Seller) until Seller has delivered to Buyer 160 units of the Product that Buyer has accepted and approved. Seller shall complete its obligations under this Article 4 no later than December 31, 2003. Upon the delivery of the 160th Supply Unit accepted and approved by Buyer,
(a) Seller may continue to manufacture the Product or have the Product manufactured only for Seller and make, have made, sell, offer to sell and use the Product consistent with the License granted in Section 3.2; and
(b) Seller’s obligations under this Article 4 shall be terminated.
Exclusivity Termination