Common use of Licensed Territory Clause in Contracts

Licensed Territory. The Licensed Territory shall be limited to Mainland China (shall mean the People's Republic of China, and solely for purposes of this Agreement, including the Hong Kong Special Administrative Region and the Macau Special Administrative Region but excluding the Islands of Taiwan). For the avoidance of doubt, with respect to the sale of such technology in other countries outside the Licensed Territory, Party B agrees to then negotiate separately with the Joint Entity, and the export of such technology involving social public welfare shall not be subject to the restrictions of the Licensed Territory.

Appears in 3 contracts

Sources: Innovative Vaccine Development Agreement, Vaccine Development Agreement (Generex Biotechnology Corp), Vaccine Development Agreement (Nugenerex Immuno-Oncology, Inc.)