Define: Territory
worldwide OR insert geographical area;
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
the world OR insert geographical area;.
Relevant Circumstances
- When the geographic scope of rights granted under a contract must be set
- If a licence, agency or distribution deal is split by region
- Where local law could override the agreed territorial boundaries