Initial Markets definition
Examples of Initial Markets in a sentence
Consultant hereby grants to Company a non-exclusive, royalty-free, irrevocable, perpetual, sub-licensable right and license to make or cause to be made, use, and sell Consultant’s Soft Intellectual Property in connection with Company’s cannabis products in Company’s Initial Markets (the “Soft IP License”).
During the Term, Consultant shall not perform any services similar to the Services for any person or entity other than Company in any of the Initial Markets.
All covenants, undertakings, agreements, representations and warranties made pursuant to this Agreement survive the execution and delivery of this Agreement and continue in full force and effect until the full payment and satisfaction of all obligations of the Borrower and the Trust incurred pursuant to the Loan Documents and the termination of this Agreement.
The Hard IP License granted herein shall be (a) exclusive to Company in its Initial Markets during the Term of this Agreement, and (b) non-exclusive to Company, including in its Initial Markets, during the Tail Period.
Consultant hereby grants to Company a right and license, during the Term of this Agreement and for the one-year period following the expiration or earlier termination of this Agreement (such one-year period, the “Tail Period”) to make or cause to be made, use, and sell Consultant’s Hard Intellectual Property in connection with Company’s cannabis products in Company’s Initial Markets (the “Hard IP License”).
Consultant shall be free to undertake additional activities for another party in locations outside of the Initial Markets, provided that such activities do not interfere with execution of the Services under this Agreement or otherwise violate this Agreement, including Sections 7, 8, and 9.
From and after the Deployment Date, and thereafter during the Term, AOL shall promote a product offering in the Initial Markets, consisting of the AOL Service bundled with the Clearwire Wireless Broadband Service and marketed as a single product (the "BUNDLED SERVICE").
From time to time, if AOL and Clearwire jointly decide to offer the Bundled Services in markets other than the Initial Markets, they may update the attached Exhibit F to add such new markets, and the terms of this Agreement shall apply thereafter to such additional markets, as though they were Initial Markets, unless the Parties agree otherwise.
In the Initial Markets, and during the Term, the Clearwire Wireless Broadband Service, as bundled as part of the Bundled Service, shall not contain any promotions, advertisements or references to any other Interactive Service.
During the Operational Period, (a) AOL shall use commercially reasonable efforts to sell the Bundled Service to up to twenty percent (20%) of the Eligible AOL Subscribers in aggregate across all the Initial Markets, and (b) the Parties will work together to try to cause a migration to the Bundled Service of at least five percent (5%) of such Eligible AOL Subscribers (the number in clause (b), the "ELIGIBLE AOL SUBSCRIBER TARGET").