Common use of Commercialization Functions Clause in Contracts

Commercialization Functions. Following submission of filings for Regulatory Approvals for the first Collaboration Product, the Program Management Team shall function as the operational staff of RenaGel LLC and the functions of the Program Management Team shall be expanded to include: (a) monitoring the commercialization of Collaboration Products pursuant to the Commercialization Plan, including oversight of planning, annual budgeting, manufacturing, marketing, sales and distribution, and licensing of Collaboration Products; (b) monitoring actual expenses incurred in the manufacture, marketing, sale and distribution of Collaboration Products; and (c) facilitating cooperation regarding the worldwide commercialization and marketing activities of the Parties.

Commercialization Functions. Following submission of filings for Regulatory Approvals for the first Collaboration Product, the Program Management Team shall function as the operational staff of RenaGel Diacrin/Genzyme LLC and the functions of the Program Management Team shall be expanded to include: (ai) monitoring the commercialization of Collaboration Products pursuant to the Commercialization Plan, including oversight of planning, annual budgeting, manufacturing, marketing, sales and distribution, and licensing of Collaboration Products; , (bii) monitoring actual expenses incurred in the manufacture, marketing, sale and distribution of Collaboration Products; Products and (ciii) facilitating cooperation regarding the worldwide commercialization and marketing activities of the Parties.

Commercialization Functions. Following submission of filings for Regulatory Approvals for the first Collaboration Product, the Program Management Team shall function as the operational staff of RenaGel ATIII LLC and the functions of the Program Management Team shall be expanded to include: (a) monitoring the commercialization of Collaboration Products pursuant to the Commercialization Plan, including oversight of planning, annual budgeting, manufacturing, marketing, sales and distribution, and licensing of Collaboration Products; (b) monitoring actual expenses incurred in the manufacture, marketing, sale and distribution of Collaboration Products; and (c) facilitating cooperation regarding the worldwide commercialization and marketing activities of the Parties.