Common use of Development Plan Clause in Contracts

Development Plan. Licensee represents and warrants as of the Effective Date that (a) the Development Plan (refer Exhibit A) contains Licensee’s good faith, bona fide plans for developing Licensed Products for commercialization, and (b) Licensee has or plans to obtain the knowledge, expertise, experience and resources to fully carry out such plans.

Appears in 3 contracts

Samples: Exclusive License Agreement (Sage Therapeutics, Inc.), Exclusive License Agreement (Sage Therapeutics, Inc.), Exclusive License Agreement (Sage Therapeutics, Inc.)

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Development Plan. Licensee represents and warrants as of the Effective Date that (a) the Development Plan (refer Exhibit A) contains Licensee’s good faith, bona fide plans for developing commercializing Licensed Products for commercializationProduct and/or Licensed Service as rapidly and extensively as practicable, and (b) Licensee has or plans to obtain the knowledge, expertise, experience and resources to fully carry out such plans.. [***] = Certain Confidential Information Omitted

Appears in 2 contracts

Samples: Exclusive License Agreement (Castle Biosciences Inc), Exclusive License Agreement (Castle Biosciences Inc)

Development Plan. Licensee represents and warrants as of the Effective Date that (a) the Development Plan (refer Exhibit A) contains Licensee’s good faith, bona fide plans for developing commercializing Licensed Products for commercializationas rapidly and extensively as practicable, and (b) Licensee has or plans to obtain the knowledge, expertise, experience and resources to fully carry out such plans.

Appears in 2 contracts

Samples: Exclusive License Agreement (ChromaDex Corp.), Exclusive License Agreement (ChromaDex Corp.)

Development Plan. Licensee represents and warrants as of the Effective Date that (a) the Development Plan (refer Exhibit A) contains Licensee’s good faith, bona fide plans plans, as of the date that is [***] months following the Effective Date, for developing researching and developing, and if regulatory approval is obtained, commercializing Licensed Products for commercializationProducts, and (b) Licensee has or plans to obtain the knowledge, expertise, experience and resources to fully carry out such plans.

Appears in 2 contracts

Samples: Exclusive License Agreement (Sana Biotechnology, Inc.), Exclusive License Agreement (Sana Biotechnology, Inc.)

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Development Plan. Licensee represents and warrants as of the Effective Date that (a) the Development Plan (refer Exhibit A) contains Licensee’s good faith, bona fide plans for developing commercializing Licensed Products for commercializationusing its Commercially Reasonable Efforts, and (b) Licensee has or plans to obtain the knowledge, expertise, experience and resources to fully carry out such plans.

Appears in 1 contract

Samples: Exclusive License Agreement (Auris Medical Holding Ltd.)

Development Plan. 3.1 Licensee represents and warrants as that it shall develop within [***] days of the Effective Date that (a) the a Development Plan (refer Exhibit A) that contains Licensee’s good faith, bona fide plans for developing commercializing Licensed Products for commercialization, using its Commercially Reasonable Efforts. Licensee represents and (b) Licensee warrants that it has or plans to obtain the knowledge, expertise, experience and resources to fully carry out such plans.

Appears in 1 contract

Samples: Exclusive License Agreement (Ocugen, Inc.)

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