Common use of Local Distributors Clause in Contracts

Local Distributors. The Licensor acknowledges that in some countries of the Territory, for the Product to be lawfully sold or otherwise supplied, Regulatory Approval must be held in the name of a local entity registered in such country (“Local Distributor”). Where Product can only be lawfully sold or otherwise supplied in a country of the Territory by a Local Distributor, and an approved Affiliate of the Licensee cannot act as such Local Distributor pursuant to Clause 2.6, the Licensee may submit a written request to the Licensor to use a Third Party that is not an Affiliate as a Local Distributor in such country. Such request shall be supported by appropriate documentation on (a) the need to use a Local Distributor and

Local Distributors. The Licensor acknowledges that in some countries of the Territory, for the Licensed Product to be lawfully sold or otherwise supplied, Regulatory Approval must to be held in the name of a local entity registered in such country (“Local Distributor”). Where Licenced Product can only be lawfully sold or otherwise supplied in a country of the Territory by a Local Distributor, and an approved Approved Affiliate of the Licensee cannot act as such Local Distributor pursuant to Clause 2.63.2, the Licensee may submit a written request to the Licensor to use a Third Party that is not an Affiliate as a Local Distributor in such country. Such request shall be supported by appropriate documentation on (a) the need to use a Local Distributor and

Local Distributors. The Licensor acknowledges that in some countries of the Territory, for the Product to be lawfully sold or otherwise supplied, Regulatory Approval must be held in the name of a local entity registered in such country (“Local Distributor”). Where Product can only be lawfully sold or otherwise supplied in a country of the Territory by a Local Distributor, and an approved Affiliate of the Licensee cannot act as such Local Distributor pursuant to Clause 2.6, the Licensee may submit a written request to the Licensor to use a Third Party that is not an Affiliate as a Local Distributor in such country. Such request shall be supported by appropriate documentation on (a) the need to use a Local Distributor andand (b) due diligence on the Third Party. The Licensor, acting reasonably, shall consider the request and respond within forty-five