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  3. Business/Commerce (general)

eneretsforpligtelsen

English translation: exclusivity obligation

12:45 Nov 23, 2006
Danish to English translations [PRO]
Bus/Financial - Business/Commerce (general)
Danish term or phrase: eneretsforpligtelsen
Såfremt Partnern er et selskab, gælder eneretsforpligtelsen tillige samtlige ejere af selskabets kapitalandele.
PMPtranslations
Local time: 06:55
English translation:exclusivity obligation
Explanation:
"Exclusivity agreement" is a common business term (100000 hits). Within such an agreement, one or both of the parts have to fulfill their "exclusivity obligations".

"Section 9. Exclusivity Obligation. (a) It is understood between the
parties that (i) Seller has worked with Buyer over the past eight years in the supply of the Product to assist Buyer in the development of Buyer's new proprietary positron emission tomography medical scanning equipment (the "PET
Scanner"), (...) Seller agrees that, during the Initial Term of this Agreement, Seller will not, directly or indirectly, make commercial sales to any third party other than Buyer of Virgin Product, Recycled Product, lutetium concentrates or lutetium based products regardless of form or enrichment levels (the"
Selected response from:

Bjørnar Magnussen
Local time: 12:55
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
3exclusivity obligation
Bjørnar Magnussen


  

Answers


10 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
exclusivity obligation


Explanation:
"Exclusivity agreement" is a common business term (100000 hits). Within such an agreement, one or both of the parts have to fulfill their "exclusivity obligations".

"Section 9. Exclusivity Obligation. (a) It is understood between the
parties that (i) Seller has worked with Buyer over the past eight years in the supply of the Product to assist Buyer in the development of Buyer's new proprietary positron emission tomography medical scanning equipment (the "PET
Scanner"), (...) Seller agrees that, during the Initial Term of this Agreement, Seller will not, directly or indirectly, make commercial sales to any third party other than Buyer of Virgin Product, Recycled Product, lutetium concentrates or lutetium based products regardless of form or enrichment levels (the"


    Reference: http://contracts.onecle.com/cti-molecular/lutetium-oxide.sup...
Bjørnar Magnussen
Local time: 12:55
Specializes in field
Native speaker of: Native in NorwegianNorwegian
PRO pts in category: 44
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