Other Countries. Connetics retains the right to grant licenses for the sale, marketing and distribution of the Product in all countries outside the Territory; provided, however, that Connetics agrees that for each such license entered into after the Effective Date, it will impose on each such licensee, to the extent permitted by applicable law, a covenant prohibiting the licensee from: (a) seeking approval, directly or indirectly, from the relevant Regulatory Authorities, to qualify facilities for manufacturing or finishing the Product inside the Territory or to label or re-label the Product in a manner that would permit it to be marketed or sold inside the Territory, (b) selling or exporting the Product to any Third Party for use or resale inside the Territory, (c) or selling the Product to any Third Party that Connetics has reason to believe intends to resell or export the Product inside the Territory.
Appears in 2 contracts
Sources: License Agreement (Connetics Corp), Development, Commercialization and License Agreement (Connetics Corp)
Other Countries. 2.6.1 Subject to SECTION 2.6.2 below, Connetics retains the right to grant licenses for the sale, marketing and distribution of the Product in all countries outside the Territory; provided, however, that Connetics agrees that for each such license entered into after the Effective Date, it will impose on each such licensee, to the extent permitted by applicable law, a covenant prohibiting the licensee from: (a) seeking approval, directly or indirectly, from the relevant Regulatory Authorities, to qualify facilities for manufacturing or finishing the Product inside the Territory or to label or re-label the Product in a manner that would permit it to be marketed or sold inside the Territory, (b) selling or exporting the Product to any Third Party for use or resale inside the Territory, (c) or selling the Product to any Third Party that Connetics has reason to believe intends to resell or export the Product inside the Territory.
Appears in 1 contract
Sources: Development, Commercialization and License Agreement (Connetics Corp)