Additional Markets Clause Samples
The "Additional Markets" clause defines the rights and procedures for a party to distribute or exploit a product, service, or content in markets beyond those originally specified in the agreement. Typically, this clause outlines the conditions under which expansion into new geographic regions, platforms, or channels is permitted, and may address issues such as notification requirements, revenue sharing adjustments, or the need for mutual consent. Its core practical function is to provide flexibility for future growth while ensuring that both parties understand and agree on how new opportunities are managed, thereby preventing disputes over unanticipated market expansions.
Additional Markets. At any time during the Term, CUMBERLAND may notify INALCO of its interest in distributing the Product in a country outside of the Territory for which INALCO does not, as of the date of such notice, already have a distribution arrangement in effect or pending, as evidenced by a fully executed letter of intent. For up to ninety (90) days after providing such notice, the parties hereto shall negotiate in good faith toward developing an agreement for marketing and distribution rights for the Product in the relevant country(ies).
Additional Markets. Promptly after the Effective Date, Licensee shall commence preparation of a reasonably detailed Commercialization plan, sales forecast, and launch timing for Commercialization of the Product, using Commercially Reasonable Efforts, in the Additional Markets. On or before December 31, 2016, Licensee shall present to the JCC such reasonably detailed Commercialization plan, sales forecast, and launch timing for Commercialization of the Product, using Commercially Reasonable Efforts, in the Additional Markets. Such report shall specifically assess the opportunity and plans for [ * ]. [ * ] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended.
Additional Markets. Promptly after [ * ], Licensee shall commence preparation of a reasonably detailed Commercialization plan, sales forecast, and launch timing for Commercialization of the Product, using Commercially Reasonable Efforts, in the Additional Markets. On or before [ * ], Licensee shall present to the JCC such reasonably detailed Commercialization plan, sales forecast, and launch timing for Commercialization of the Product, using Commercially Reasonable Efforts, in the [ * ]. Such report shall specifically assess the opportunity and plans for [ * ].
Additional Markets. This Agreement deals specifically with the relationship between the Parties for the sale of DrivePur at automobile dealerships. However, the Parties agree and acknowledge that opportunities exist for the exploitation of other markets including, but not limited to, the sale of DrivePur at car washes, dealers and lessees of recreational vehicles, oil change businesses, car rental companies, auto auctions, and personal residences. The Parties agree to work together to modify the NDS Program or create new programs to take DrivePur and its related products to market in these other areas and industries.
Additional Markets. Effective upon the Closing (as such term is defined in the Exchange Agreement) of the Exchange Agreement, the parties agree to the following terms and conditions:
Additional Markets. The segment Additional Markets comprises the mobile communication companies in Slovenia, Liechtenstein, Serbia and Macedonia. If prices for mobile telecommunications services continue to decline through competition and/or regulation more than anticipated and this decline is not compensated for by higher usage, planned objectives may not be achieved. In addition, mobile network operators' expansion of product offerings into the fixed net sector may result in a competitive disadvantage for Telekom Group's mobile telecommunications operations in countries in which Telekom Austria Group offers only mobile communications services. Moreover, technologies such as VoIP could drive voice traffic from mobile networks, which could lead to significant price and revenue reductions. Demand for telecommunications services in some of the countries of the segment suffers due to unemployment, government austerity packages and tax increases. In particular, economic growth prospects for Serbia are uncertain. Any measures of public budget reorganisation in countries facing recession and burdening additional taxes will decrease Telekom Austria Group's planned results.
Additional Markets. Additional markets to be switched by Interstate Telephone, are provided in Attachment C, "Additional Knology Cities". Each attachment shows the new market, initial forecast estimates and key service effecting dates.