Territory definition
Examples of Territory in a sentence
The price for the sale of the Products by the Distributor in the Territory shall not exceed the maximum resale price to be specified in Schedule 2 by the Supplier from time to time.
At the request of the Supplier the Distributor shall take part in and/or give assistance in respect of any legal proceedings and execute any documents and take any action reasonably necessary to protect the Trade Marks in the Territory at the Supplier’s cost.
The Distributor alone is responsible for importing the Products into the Territory (where necessary), including the payment of any and all duties, customs clearance charges, and the like, and shall be the importer of record.
The Supplier hereby appoints the Distributor to be an exclusive distributor as provided herein to import, market, distribute and sell only in the Territory the Products under the Supplier’s Trade Marks under Schedule 4 during the continuance of this Agreement.
Each Party agrees that the Licensed Products will not be manufactured in, used, sold, exported, reexported, transferred, or otherwise made available, directly, or indirectly, to or for the benefit of a Sanctioned Territory (defined below) or Restricted Person (defined below) other than in compliance with all applicable trade sanctions and export control laws and regulations.