Common use of Transfer to Third Party Clause in Contracts

Transfer to Third Party. Upon Termination DISTRIBUTOR shall use Reasonable Commercial Efforts to co-operate with SUPPLIER to transfer the distribution of the Product in the Territory to a third party distributor or to SUPPLIER or an Affiliate of SUPPLIER as SUPPLIER may direct.

Appears in 2 contracts

Sources: Distribution Agreement (Valneva SE), Distribution Agreement (Valneva SE)