The World Clause Samples
The "The World" clause typically defines the geographic scope or territorial reach of an agreement or its provisions. In practice, this means that the rights, obligations, or restrictions outlined in the contract apply globally, without limitation to a specific country or region. For example, a license granted "throughout the world" allows the licensee to exercise the licensed rights in any country. This clause ensures that there is no ambiguity about where the agreement is effective, preventing disputes over territorial limitations and providing comprehensive coverage.
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The World. “The World” shall mean all states and countries outside of the Territory and excluding North America.
The World. For the world as a whole:-
(i) the total amount of royalties payable under Clause 5.2; and
(ii) the total amount payable under Clause 5.7; and
(iii) the amount of any withholding tax deducted pursuant to Clause 6.4.4.
The World. Trust may establish a record date for the determination of Holders entitled to vote at any meeting of Holders of Debt Securities, to grant any consent in respect of Debt Securities and to notice with respect to any such meeting or consent.