Common use of Additional Territory Clause in Contracts

Additional Territory. If Salix so requires it may request an amendment to the definition of the Territory to include an additional territory or territories provided that any such request: 2.11.1 shall be in writing; 2.11.2 shall identify the Salix Affiliate or licensee in the additional territory which will effect Commercialization; 2.11.3 shall contain an initial Commercialization Plan for such territory; and on receipt of any such request Debiovision shall commence negotiations with Salix. The Parties shall negotiate in good faith to set forth the particular terms and conditions of such amendment(s) to this Agreement as may be required to effect such amendment to the Territory and the addition of such other territory(ies).

Appears in 2 contracts

Sources: Development and License Agreement, Development and License Agreement (Salix Pharmaceuticals LTD)