Example ContractsClausesDiligence Requirements
Diligence Requirements
Diligence Requirements contract clause examples

Diligence Requirements. During the Term and following [[MyoKardia:Organization]]’s designation of the Lead Cardiomyopathy Target, [[MyoKardia:Organization]] will use Commercially Reasonable Efforts to advance ​ Product to Regulatory Approval ​. After receiving Regulatory Approval for a Product ​, [[MyoKardia:Organization]] will use Commercially Reasonable Efforts to commercialize such Product in ​. After receiving Regulatory Approval for a Product ​, [[MyoKardia:Organization]] will use Commercially Reasonable Efforts to commercialize such Product ​. Subject to [Section 3.7] (Subcontracting) with respect to [[MyoKardia:Organization]]’s responsibilities under the Research Plan, [[MyoKardia:Organization]] may satisfy its obligations under this Section 4.2 (Diligence Requirements) itself or through one or more Affiliates or Third Parties selected by [[MyoKardia:Organization]] in its sole discretion.

Diligence Requirements. Licensee shall use, and shall cause its Affiliates and Sublicensees, as applicable, to use, Commercially Reasonable Efforts to develop and make available to the public at least one Product or Processes in the License Territory in the License Field Such efforts shall include achieving the requirements set forth in the table below by the dates specified in the table below.

Diligence Requirements. Licensee shall use, and shall cause its Affiliates and Sublicensees, as applicable, to use, Commercially Reasonable Efforts to develop and make available to the public at least one Product or Processes in the License Territory in the License Field Such efforts shall include achieving the requirements set forth in the table below by the dates specified in the table below.

Diligence Requirements. During the Term and following Acceleron’s designation of the first ​ Target, Acceleron will use Commercially Reasonable Efforts to research, develop and seek Regulatory Approval for and, solely to the extent necessary to seek such Regulatory Approval, manufacture or have manufactured one (1) Product in the Major Market Countries. After receiving Regulatory Approval for a Product in any Major Market Country, Acceleron will use Commercially Reasonable Efforts to commercialize such Product in each such Major Market Country. Subject to [Section 3.4] (Subcontracting), Acceleron may satisfy its obligations under this [Section 4.6] (Diligence Requirements) itself or through one or more Affiliates or Third Parties selected by Acceleron in its sole discretion. Following designation by Acceleron of the first ​ Target, Acceleron shall provide a written report to Fulcrum within ​ after ​ of each year during the Term that summarizes Acceleron’s exercise of efforts with respect to the research, development and commercialization of Products under this Agreement, including matters relating to seeking Regulatory Approval therefor. Notwithstanding anything to the contrary in this Agreement (including this [Section 4.6] (Diligence Requirements)), Acceleron will have no obligation to negotiate agreements to obtain additional rights to satisfy its obligations in this [Section 4.6] (Diligence Requirements).

Diligence. If Janssen exercises the Commercial Option with respect to one or more Collaboration Candidates for a particular Janssen Antigen in accordance with Section 4.3, the following provisions of this [Section 7.6] shall apply with respect to such Janssen Antigen:

Diligence. Subject to the terms and conditions set forth herein, and commencing on the Effective Date, the Parties will each use commercially reasonable efforts during the Research Term to conduct their respective activities in the Research Program on a collaborative basis and in accordance with this Agreement, with the goal of performing pre-clinical research related to Target Specific Biclonics and Successful Biclonics. The Parties will conduct the Research Program in accordance with the Research Plan (Exhibit A), as may be amended or revised by the JSC from time to time. The Research Plan will specify the scientific direction and Research activities, and allocate Research Program responsibilities and resources between the Parties in a manner consistent with this Agreement.

Diligence. During [ * ] and thereafter, Astellas shall use Diligent Efforts to perform Medical Affairs Activities for each Collaboration Product [ * ] and to the extent appropriate [ * ].

Diligence. After the Effective Date, subject to the Retained Rights, as between the Parties, Licensee shall be solely responsible for all aspects of the Development of the

Diligence. Licensee shall be solely responsible for Commercialization of the Licensed Products throughout the Territory at Licensee’s own cost and expense. Subject to the express written terms of this Agreement, all decisions concerning the Commercialization of

Diligence. Consultant will perform all of its obligations under this Agreement: # in strict accordance with the terms of this Agreement, including any amendments or related documents; and # in a timely, professional, commercially diligent basis, in accordance with the generally accepted industry and professional standards, procedures and practices, to the reasonable satisfaction of Trevi.

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