Semi-Exclusivity. During the period commencing on the Effective Date and ending on the first anniversary of the Acceptance Date with respect to the Initial System, IRORI shall not sell, license, lease or otherwise transfer any interest in a System (or any functionally equivalent system,) to or for, or operate a System (or any functionally equivalent system) for the benefit of, more than one Third Party (such one Third Party, the "Permitted Purchaser"), which shall be chosen at IRORI's sale discretion.
Appears in 2 contracts
Sources: Strategic Alliance Agreement (Discovery Partners International Inc), Strategic Alliance Agreement (Discovery Partners International Inc)