Common use of Within the Territory Clause in Contracts

Within the Territory. Within the Territory, the Parties agree to Commercialize the ISR subject to the following terms: i) Medtronic and UT will coordinate account readiness activities as set forth in Schedule A to this Agreement, which may be modified in writing by mutual agreement of the Parties from time to time. ii) Medtronic hereby grants UT the exclusive right to market and promote the ISR in the Territory solely for delivery of the Drug for PAH Therapy. UT has no right for itself, or any Third Party, to market or promote the ISR, Accessories, or the System, for any other use or purpose. UT shall not market or promote the ISR or the Drug for use in combination with the ISR outside of the scope of the claims for the Drug and ISR permitted by Applicable Law, including the Approvals. iii) UT is solely responsible for setting prices, entering contracts for, and fulfilling orders for the Drug. UT is solely responsible for ensuring Drug is available for each ISR Procedure. Medtronic is solely responsible for setting prices, entering contracts for, and fulfilling orders for the ISR. Medtronic is solely responsible for ensuring the ISR is reasonably available for each ISR Procedure. iv) UT and Medtronic will coordinate to identify and define approval criteria for Healthcare Providers prior to such Healthcare Provider performing an ISR Procedure.

Appears in 2 contracts

Sources: Commercialization Agreement (UNITED THERAPEUTICS Corp), Commercialization Agreement