PRI Territory definition
Examples of PRI Territory in a sentence
In the event the foregoing provision is or becomes unenforceable or is unlawful in the PRI Territory, then it shall be deemed replaced by the most restrictive provision on marketing or sale of the Product outside of the PRI Territory as shall be lawful and enforceable in the PRI Territory.
PRI and G(UK) shall have sole discretion in the manufacturing, marketing, sale and distribution of Products, subject to applicable laws and the express terms of this agreement, within the PRI Territory and G(UK) Territory, respectively, and shall be solely responsible for all costs, expenses and liabilities arising therefrom in their respective territories.
During the term of this agreement applicable to a Product, neither PRI nor any of its Affiliates will directly or indirectly sell or license such Product outside of the PRI Territory or to any Person in the PRI Territory where it knows or has reason to believe that such Product will be resold by such Person outside of the PRI Territory.
If PRI and/or G(UK) desire to manufacture and distribute any successfully developed Product in the PRI Territory or G(UK) Territory, respectively, PRI and/or G(UK) may require the Partnership to grant to PRI and/G(UK) a fully paid-up license upon the terms herein contemplated to use the Product Information to obtain a Product Approval for such Product in the PRI Territory and G(UK) Territory, respectively, such right to be exercised by notice in writing to the Partnership.
PRI shall have the exclusive right to manufacture and distribute all Products in the PRI Territory.
If G(UK) establishes that one of PRI's customers or licensees or a customer or licensee of any of its Affiliates is exporting such Product out of the PRI Territory, PRI shall (and shall cause its Affiliates to) either cease to supply such customer or obtain (and enforce, if necessary) an undertaking from such customer not to sell the Product outside of the PRI Territory (unless PRI [or its Affiliate, as the case may be] is precluded from taking such action under applicable law).