Common use of Diligence and Commercialization Clause in Contracts

Diligence and Commercialization. LICENSEE shall use its reasonable best efforts, either directly or through Affiliates or sublicensees, throughout the term of this Agreement to comply with LICENSEE’s Development Plan and to bring Licensed Products to market in accordance with LICENSEE-Development Plan through a thorough, vigorous, and diligent program for exploitation of the right and license granted in this Agreement to LICENSEE and to create, supply, and service in the Licensed Territory as extensive a market as possible. In no instance shall LICENSEE’s reasonable best efforts be less than efforts customary in LICENSEE’s industry.

Appears in 1 contract

Samples: Stock Purchase Agreement (Pharmasset Inc)

AutoNDA by SimpleDocs

Diligence and Commercialization. LICENSEE shall use its reasonable best efforts, either directly or through Affiliates or sublicensees, efforts throughout the term of this Agreement to comply with LICENSEE’s Development Plan and to bring Licensed Products Products, in each licensed Field of Use, to market in accordance with LICENSEE-Development Plan through a thorougha, vigorous, and diligent program for exploitation of the right and license granted in this Agreement to LICENSEE and to create, supply, and service in the Licensed Territory as extensive a market as possible. , consistent with LICENSEE's Development Plan attached hereto as Exhibit B. In no instance shall LICENSEE’s 's reasonable best efforts be less than efforts customary in LICENSEE’s 's industry.

Appears in 1 contract

Samples: License Agreement (NanoDynamics, Inc.)

Diligence and Commercialization. LICENSEE shall use its reasonable best efforts, either directly or through Affiliates or sublicensees, efforts throughout the term of this Agreement to comply with LICENSEE’s Development Plan and to bring Licensed Products Products, in each licensed Field of Use, to market in accordance with LICENSEE-Development Plan through a thorough, vigorous, and diligent program for exploitation of the right and license granted in this Agreement to LICENSEE and to create, supply, and service in the Licensed Territory as extensive a market as possible. , consistent with LICENSEE’s Development Plan attached hereto as Exhibit B. In no instance shall LICENSEE’s reasonable best efforts be less than efforts customary in LICENSEE’s industry.

Appears in 1 contract

Samples: License Agreement (Tenthgate Inc)

AutoNDA by SimpleDocs

Diligence and Commercialization. LICENSEE shall use its reasonable best efforts, either directly or through Affiliates or sublicensees, throughout the term of this Agreement to comply with LICENSEE’s Development Plan and to bring Licensed Products to market in accordance with LICENSEE-’s Development Plan through a thorough, vigorous, and diligent program for exploitation of the right and license granted in this Agreement to LICENSEE and to create, supply, and service in the Licensed Territory as extensive a market as possible. In no instance shall LICENSEE’s reasonable best efforts be less than efforts customary in LICENSEE’s industry.

Appears in 1 contract

Samples: License Agreement (Pharmasset Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.