Sales and Distribution. Each Party and its Related Parties shall be responsible for booking sales and shall store and distribute the Licensed Product in its own Territory. If a Party receives any orders for the Licensed Product in the other Party’s Territory or if a Party has reason to believe that a Licensed Product is intended to be administered in the Territory to a Person whose primary domicile is outside the that Party’s Territory, it shall refer such orders to the other Party. Moreover, each Party and its Related Parties shall be solely responsible for handling all returns of a Licensed Product, as well as all aspects of a Licensed Product order processing, invoicing and collection, distribution, inventory and receivables, in its own Territory.
Appears in 2 contracts
Sources: License Agreement (Argos Therapeutics Inc), License Agreement (Argos Therapeutics Inc)
Sales and Distribution. Each Party and its Related Parties shall be responsible for booking sales and shall store and distribute the Licensed Product Covered Products in its own Territory. If a Party receives any orders for the Licensed Covered Product in the other Party’s Territory or if a Party has reason to believe that a Licensed the Covered Product is intended to be administered in the Territory to a Person whose primary domicile is outside the that Party’s Territory, it shall refer such orders to the other Party. Moreover, each Party and its Related Parties shall be solely responsible for handling all returns of a Licensed the Covered Product, as well as all aspects of a Licensed the Covered Product order processing, invoicing and collection, distribution, inventory and receivables, in its own Territory.
Appears in 2 contracts
Sources: License Agreement (Clearside Biomedical, Inc.), License Agreement (Clearside Biomedical, Inc.)
Sales and Distribution. Each Party and its Related Parties shall be responsible for booking sales and shall store and distribute the Licensed Product Products in its own Territory. If a Party receives any orders for the a Licensed Product in the other Party’s Territory or if a Party has reason to believe that a Licensed Product is intended to be administered in the Territory to a Person whose primary domicile is outside the that Party’s Territory, it shall refer such orders to the other Party. Moreover, each Party and its Related Parties shall be solely responsible for handling all returns of a Licensed Product, as well as all aspects of a Licensed Product order processing, invoicing and collection, distribution, inventory and receivables, in its own Territory.
Appears in 1 contract
Sales and Distribution. Each Party and its Related Parties shall be responsible for booking sales and shall store and distribute the a Licensed Product in its own Territory. If a Party receives any orders for the a Licensed Product in the other Party’s Territory or if a Party has reason to believe Knows that a Licensed Product is intended to be administered in the Territory to a Person whose primary domicile residence is outside the that Party’s Territory, it shall refer such orders to the other Party. Moreover, each Party and its Related Parties shall be solely responsible for handling all returns of a Licensed Product, as well as all aspects of a Licensed Product order processing, invoicing and collection, distribution, inventory and receivables, in its own Territory.
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