Territory definition
Examples of Territory in a sentence
For the Term of this Agreement, OEM appoints Distributor as its exclusive (even as to OEM) distributor of the Goods identified in Exhibit A, and its exclusive provider (even as to OEM) of the Services identified in Exhibit B within the Territory, and Distributor accepts such appointment; provided, that such exclusivity will not commence for Hexwave sales for the non-aviation market until 60 days from the date of this Agreement.
As of the Amendment Date, Schedule 4.1(k)(i) of the Disclosure Schedule lists all of the currently existing Patents included within the Patent Rights in the Territory (the “Existing Patent Rights”).
The Seller and Holdings shall use Commercially Reasonable Efforts to ensure that all patent applications corresponding to the Patent Rights are diligently prosecuted with the intent to protect all Products in the Territory.
All existing distributors and resellers in the Territory will thereby become subdistributors and subresellers to Distributor.
Accordingly, Distributor shall have the exclusive right to market, sell and otherwise distribute the Goods and provide the Services in the Territory.