Territory definition
Examples of Territory in a sentence
If Louisiana law is deemed to apply, then the following applies to Grantee: (a) the definition of “Territory” in Section 4 shall be understood to cover all of the parishes in Louisiana and counties and similar geographic subdivisions outside of Louisiana within the Territory; and (b) the non-solicit restrictions in Sections 3(c) through(f) (as well as the non-compete in Section 4) shall be limited to the foregoing Territory.
If South Dakota law is deemed to apply, then: (a) the customer non-solicit restrictions in Sections 3(c) and (d) shall only apply in the Territory following the termination of the Grantee’s employment with the Company Group, and (b) the definition of the “Territory” in Section 4 is limited to locations in which the Company Group continues to engage in the Business.
The amount of the Sub-Bottling Payment for the Sub-Bottling Territory will be calculated for each Bottler fiscal quarter by (i) multiplying Bottler’s Sub-Bottling Gross Profit in the Sub-Bottling Territory for such fiscal quarter by the [***] set forth in Schedule 3.2.1 corresponding to the [***].
Seller has delivered to Buyer true, correct and complete copies of (A) all material communications between Ultragenyx and Licensee since the 2022 RPA Date relating, directly or indirectly, to the Royalty or to the Licensed Products in the Profit Share Territory, and (B) all minutes from and meeting materials of the JSC since the 2022 RPA Date related, directly or indirectly, to the Royalty or the Licensed Products in the Profit Share Territory, and redacted to reflect solely such information.
Licensee and its Affiliates are required to pay royalties under Section 7.2.2 of the License Agreement on all Net Sales by or on behalf of them and any of their (sub)licensees of any Licensed Products in the Field in the Profit Share Territory.