RECIPROCAL EXCLUSIVITY Clause Samples
A Reciprocal Exclusivity clause establishes that both parties agree not to engage in similar agreements or business relationships with third parties within a defined scope or market. Typically, this means that each party is prohibited from collaborating with competitors or entering into parallel arrangements that would undermine the exclusivity of their partnership. For example, if two companies sign a reciprocal exclusivity agreement regarding a specific product line, neither can work with other entities to develop or sell competing products in that category. The core function of this clause is to protect the mutual interests of both parties by ensuring that the benefits of exclusivity are shared equally, thereby preventing conflicts of interest and fostering a stronger, more committed business relationship.
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RECIPROCAL EXCLUSIVITY. The Designer agrees to have the product manufactured exclusively by the Company for a minimum duration of ……months. The Company agrees to manufacture the product exclusively for the Designer for a minimum duration of ……months. The Parties undertake that, in case of infringement of the reciprocal exclusivity under article 2, the defaulting Party will be bound to pay, as a penalty, to the non-defaulting Party the amount of € 00, without prejudice to any claim for higher damages.
RECIPROCAL EXCLUSIVITY. The Designer agrees to have the product manufactured exclusively by the Company for a minimum duration of ……months. The Company agrees to manufacture the product exclusively for the Designer for a minimum duration of ……months. The Designer agrees to indicate the wording “designed by…. , manufactured by (the Company)” insofar as possible on the product itself or, failing that, on the label and generally speaking on all media on which the creation may be reproduced, namely including, without this list being restrictive,: • the packaging • POS advertising, banners, gondola displays • advertising and commercial documents • websites (indicate all media on which the creation will be used) … its share of damages plus interest arising from the violation of its moral rights.
RECIPROCAL EXCLUSIVITY. During the term of the exclusivity of the ---------------------- respective Licenses, other than the provision of the Wave@Home Service, and provided that @Home is not in default of its obligation under the Master Roll-Out Plan, Rogers and Shaw, as applicable, ** Confidential treatment has been requested with respect to certain information contained in this document. Confidential portions have been omitted from the public filing and have been filed separately with the Securities and Exchange Commission. shall not [**] However, nothing in this paragraph is intended to and does not restrict either Rogers or Shaw or their sub-distributors from promoting, over an Internet Backbone, programming and content (such as Yahoo, YTV Canada Inc. and Canoe). Provided that, the time for performance of @Home's obligation set out in the Master Roll-Out Plan shall be extended day-for-day by (1) to the extent that such failure is as a result of a failure by Rogers and/or Shaw to complete its obligations set out in the Master Roll-Out Plan; the number of days of any resulting delay in @Home's performance of its obligations set out in this term sheet; or (2) the number of days @Home's performance was prevented or delayed by the occurrence of a Force Majeure event; or (3) a cure period of six (6) months following notice by Rogers and/or Shaw as applicable in the event of the failure by @Home to perform its obligations under the Master Roll-Out Plan.
RECIPROCAL EXCLUSIVITY i) Until the first to occur of Termination Date (as defined below) and the Consummation, the Seller shall not, and the Seller shall cause its representatives, officers, employees, directors or agents not to, directly or indirectly, (i) enter into any agreement or accept any offer relating to or consummate any (a) reorganization, liquidation, dissolution or recapitalization of the Seller, TPS II or TIE, (b) merger or consolidation involving the Seller, TPS II or TIE, (c) purchase or sale of any material assets (including without limitation the TPS II Shares and the Partnership Interests) or any capital stock (or any rights to acquire, or securities convertible into or exchangeable for, any such capital stock) of the Seller, TPS II or TIE, or (d) similar transaction or business combination involving the Seller, TPS II or TIE (each of the foregoing transactions described in clauses (a) through (d), a “Company Transaction”), (ii) submit, solicit, initiate or actively encourage with any party (other than as among Seller, its Affiliates and any of their respective representatives or agents) any proposal or offer from Confidential treatment has been requested as to certain portions of this document. Each such portion, which has been omitted herein and replaced with an asterisk [***], has been filed separately with the Securities and Exchange Commission. any Person (other than the Purchaser or its Affiliates in connection with the Transaction) in connection with a Company Transaction or (iii) furnish any information with respect to or actively assist or facilitate in any other manner any effort or attempt by any Person (other than the Purchaser or its Affiliates) to do or seek to do any of the foregoing. The Seller hereby agrees to notify the Purchaser promptly if any Person makes any proposal, offer, inquiry or contact with respect to a Company Transaction (without naming such Person or otherwise divulging the terms of such offer to the extent made on a confidential basis).
ii) Until the first to occur of Termination Date and the Consummation, the Purchaser shall not, and the Purchaser shall cause each of its Affiliates and their respective representatives, officers, employees, directors or agents not to, directly or indirectly, (i) enter into any agreement or accept any offer relating to or consummate any transaction relating to the Partnership Interests or otherwise involving the alienation, disposition, transfer, pledge, sale or assignment of the Seller’s owne...