Common use of Shared Territory Clause in Contracts

Shared Territory. The Parties shall have co-exclusive rights in the Shared Territory to Exploit Collaboration Combinations, including development, commercialization and licensing. All decisions regarding Exploitation of Collaboration Combinations or Collaboration Products in the Shared Territory shall be made by mutual agreement of the Parties; provided that, such decisions shall not be subject to Section 12.3 if the Parties are unable to reach agreement regarding such Exploitation.

Shared Territory. The Parties shall have co-exclusive rights in the Shared Territory to Exploit the Collaboration CombinationsCombination, including development, commercialization and licensing. All decisions regarding Exploitation of the Collaboration Combinations Combination or Collaboration Products in the Shared Territory shall be made by mutual agreement of the Parties; 18 provided that, such decisions shall not be subject to Section 12.3 if the Parties are unable to reach agreement regarding such Exploitation.

Shared Territory. The Parties shall have co-exclusive rights in the Shared Territory to Exploit Selected Collaboration Combinations, including development, commercialization and licensing. All decisions regarding Exploitation of Selected Collaboration Combinations or Selected Collaboration Products in the Shared Territory shall be made by mutual agreement of the Parties; provided that, such decisions shall not be subject to Section 12.3 if the Parties are unable to reach agreement regarding such Exploitation.