Territorial Coordination Clause Samples
The Territorial Coordination clause defines how parties will manage and align their activities within specific geographic regions covered by the agreement. It typically outlines procedures for designating territories, coordinating marketing or sales efforts, and resolving overlaps or conflicts between regions. For example, it may require parties to notify each other before entering new markets or to collaborate on strategies in shared territories. The core function of this clause is to prevent disputes and inefficiencies by ensuring clear communication and cooperation regarding territorial rights and responsibilities.
Territorial Coordination. The Parties shall, where appropriate, coordinate their Commercialization activities between the Licensor Territory and the Licensed Territory through the JCC, which coordination may include implementation of a global branding strategy for each Product in the Field.
Territorial Coordination. The Parties shall, where appropriate, coordinate their Commercialization activities between the Allos Territory and the Licensed Territory, through the JPC, which coordination may include implementation of a global branding strategy for the Product.