Option Territory means the country(ies) set forth in Exhibit 1.62 (Option Territory).

Option Territory means, and shall be limited to, _____________________.

Option Territory shall be Worldwide.

Examples of Option Territory in a sentence

ISURF hereby grants to Company an option to obtain a license under the Option Technology to make, use and sell Products in the Option Field and the Option Territory.
If you qualify, we may offer you the opportunity of an Option Territory Agreement (Exhibit A-1 of the Franchise Agreement).
If you do not exercise your Option Territory Agreement within the required timeframe, under no circumstances will the option fee be refunded or credited to you.
In addition to the initial franchise fees listed in Item 5, for an additional fee of $5,000 and upon execution of the Option Territory Agreement, we will hold a mutually agreed upon territory of approximately 25,000 target households for you.
Within three (3) months after the exercise by Licensee of the Option Territory Option, the Parties shall negotiate in good faith a definitive written license agreement, which will specify the terms of the licensing arrangement, and shall be consistent with all of the relevant provisions of this Agreement.

More Definitions of Option Territory

Option Territory means [**].

Option Territory means the United States, Canada, Mexico, and the member states of the European Patent Organisation (including without limitation Switzerland and United Kingdom of Great Britain and Northern Ireland), and their respective territories and possessions.

Option Territory means worldwide except for the United States, Canada and Mexico.

Option Territory shall be limited to .

Option Territory means (a) the Middle East and North Africa, and (b) Russia/CIS (as defined below).

Option Territory means the United Kingdom, Germany, Spain, France, Italy, and the Benelux Countries.

Option Territory means: