Common use of Company Diligence Obligations Clause in Contracts

Company Diligence Obligations. 3.1 COMPANY shall use commercially reasonable efforts, or shall cause its AFFILIATES and SUBLICENSEES to use commercially reasonable efforts, to develop at least one (1) LICENSED PRODUCT or LICENSED PROCESS and to introduce at least one (1) LICENSED PRODUCT or LICENSED PROCESS into the commercial market; thereafter, COMPANY or its AFFILIATES or SUBLICENSEES shall use commercially reasonable efforts to make LICENSED PRODUCTS or LICENSED PROCESSES reasonably available to the public. Specifically, COMPANY or AFFILIATE or SUBLICENSEE shall fulfill the following obligations:

Appears in 4 contracts

Samples: Patent License Agreement, Exclusive Patent License Agreement (Rubius Therapeutics, Inc.), Exclusive Patent License Agreement (Rubius Therapeutics, Inc.)

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Company Diligence Obligations. 3.1 COMPANY shall use commercially reasonable efforts, or shall cause one or more of its AFFILIATES and SUBLICENSEES to use commercially reasonable efforts, to develop at least one (1) LICENSED PRODUCT or more PRODUCTS or LICENSED PROCESS PROCESSES and to introduce at least one (1) LICENSED PRODUCT PRODUCTS or LICENSED PROCESS PROCESSES into the commercial market; thereafter, COMPANY or its AFFILIATES or SUBLICENSEES shall use commercially reasonable efforts to make LICENSED one or more PRODUCTS or LICENSED PROCESSES reasonably available to the public. Specifically, COMPANY or AFFILIATE or SUBLICENSEE shall fulfill the following obligations:

Appears in 2 contracts

Samples: License Agreement (Syros Pharmaceuticals, Inc.), License Agreement (Syros Pharmaceuticals, Inc.)

Company Diligence Obligations. 3.1 COMPANY shall use commercially reasonable efforts, or shall cause its AFFILIATES and SUBLICENSEES to use commercially reasonable efforts, to develop at least one (1) LICENSED PRODUCT PRODUCTS or LICENSED PROCESS PROCESSES and to introduce at least one (1) LICENSED PRODUCT PRODUCTS or LICENSED PROCESS PROCESSES into the commercial market; thereafter, COMPANY or its AFFILIATES or SUBLICENSEES shall use commercially reasonable efforts to make LICENSED PRODUCTS or LICENSED PROCESSES reasonably available to the public. Specifically, COMPANY or AFFILIATE or SUBLICENSEE shall fulfill the following obligations:

Appears in 2 contracts

Samples: Adoption Agreement (Verastem, Inc.), Equity Issuance Agreement (Verastem, Inc.)

Company Diligence Obligations. 3.1 COMPANY shall use commercially reasonable efforts, or shall cause its AFFILIATES and SUBLICENSEES to use commercially reasonable efforts, to develop at least one (1) LICENSED PRODUCT PRODUCTS or LICENSED PROCESS SERVICES and to introduce at least one (1) LICENSED PRODUCT PRODUCTS or LICENSED PROCESS SERVICES into the commercial market; thereafter, COMPANY or its AFFILIATES or SUBLICENSEES shall use commercially reasonable efforts to make LICENSED PRODUCTS or LICENSED PROCESSES SERVICES reasonably available to the public. Specifically, COMPANY or AFFILIATE or SUBLICENSEE shall fulfill the following obligations:

Appears in 1 contract

Samples: Exclusive Patent License Agreement (Verastem, Inc.)

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Company Diligence Obligations. 3.1 COMPANY shall use commercially reasonable efforts, or shall cause one or more of its AFFILIATES and SUBLICENSEES to use commercially reasonable efforts, to develop at least one (1) or more LICENSED PRODUCT PRODUCTS or LICENSED PROCESS PROCESSES and to introduce at least one (1) LICENSED PRODUCT PRODUCTS or LICENSED PROCESS PROCESSES into the commercial market; thereafter, COMPANY or its AFFILIATES or SUBLICENSEES shall use commercially reasonable efforts to make one or more LICENSED PRODUCTS or LICENSED PROCESSES reasonably available to the public. Specifically, COMPANY or AFFILIATE any of its AFFILIATES or SUBLICENSEE SUBLICENSEES shall fulfill the following obligations:

Appears in 1 contract

Samples: Patent License Agreement (Omega Therapeutics, Inc.)

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