Common use of Date of Distribution Clause in Contracts

Date of Distribution. The Licensee shall ensure that each Licensed Product shall be available for purchase by the public in commercial quantities in the Distribution Channels in the Territory by the “Market Date” specified in the relevant part of Schedule 1, or if no date is specified, within six (6) months of the Commencement Date, or as otherwise agreed by the Parties. In this clause, “commercial quantities” shall mean sufficient quantities to meet the demands and fulfil the orders placed by customers in the Distribution Channels in the Territory within a reasonable period of time.