Common use of Development and commercialisation costs Clause in Contracts

Development and commercialisation costs. Oncoscience shall bear all costs associated with the development and commercialisation of Licensed Product in the Oncoscience Field and Territory, including costs incurred in the Development and Commercialisation Plan. If any Providing Party agrees with Oncoscience to conduct work as part of the Development and Commercialisation Plan (which may include advice given to the Joint Development Team), the Providing Party's costs of conducting such work shall be borne by Oncoscience, with the time costs of the Providing Party's representatives being charged to Oncoscience on a daily rate basis. The Providing Party's daily rate for its representatives in the work referred to in the previous sentence shall be agreed between the Parties or, if they are unable to agree, the rate shall be US$1,000 (one thousand US dollars) per day plus any product-related consumable costs and external costs associated with such work.

Development and commercialisation costs. Oncoscience shall bear all costs associated with the development and commercialisation of Licensed Product in the Oncoscience Field and Territory, including costs incurred in the Development and Commercialisation Plan. If any Providing Party agrees with Oncoscience to conduct work as part of the Development and Commercialisation Plan (which may include advice given to the Joint Development Team), the Providing Party's ’s costs of conducting such work shall be borne by Oncoscience, with the time costs of the Providing Party's ’s representatives being charged to Oncoscience on a daily rate basis. The Providing Party's ’s daily rate for its representatives in the work referred to in the previous sentence shall be agreed between the Parties or, if they are unable to agree, the rate shall be US$US$ 1,000 (one thousand US dollars) per day plus any product-related consumable costs and external costs associated with such work.