contract term in which one party grants another party sole rights with regard to a particular business function.
A period of time, typically 60 or 90 days, during which the vendor (and his agent) agree not to enter into discussions with other prospective buyers. This period is granted to allow the buyer and his advisers to carry out Due Diligence.
Contractual right to be the sole exhibitor of a television program in a particular area at a specified time.
The provision in a commercial television film contract that grants exclusive playback rights for the film or episode to a broadcast station in the market it serves. Under the FCC's rules cable operators cannot carry distant signals which violate local television stations' exclusivity agreements.
The sole right to air a program within a given period of time in a given market; imported signals may undermine exclusivity agreements.
a temporary FDA-granted monopoly, distinct from patent or other intellectual property protection. Exclusivity may be granted for developing drugs for rare diseases, novel drugs, conducting pediatric clinical trials, or successfully challenging invalid patents.
Used in terms of rights and gives the buyer of the rights the exclusive use on the work.
a debtor in Chapter 11 has the exclusive right to file a plan of reorganization for the first 120 days of its bankruptcy. Thereafter, unless the period of exclusivity is extended by the court, other parties may file reorganization plans.