DUE DILIGENCE REQUIREMENTS. 6.1 LICENSEE shall proceed diligently with the development of Licensed Products and Licensed Services and shall use its reasonable commercial efforts to bring Licensed Products and Licensed Services to market through a thorough, vigorous and diligent commercialization program, which shall include but not be limited to the development, marketing, promotion, distribution and sale of Licensed Products and Licensed Services
DUE DILIGENCE REQUIREMENTS. 4.01 Licensee must use its commercially reasonable efforts to bring Licensed Products and Licensed Services to market through a thorough, vigorous and diligent program for exploitation of the Patent Rights, to develop manufacturing capabilities, and to continue active, diligent marketing efforts for Licensed Products and Licensed Services throughout the term of this License Agreement. In addition to this general commitment to commercialization, Licensee agrees to meet the milestones set forth in the Development and Commercialization Schedule established in attached Appendix C. The parties agree that the Development and Commercialization Schedule established in attached Appendix C is reasonable.
DUE DILIGENCE REQUIREMENTS. 6.01 - MERIX shall use reasonable commercial diligence in performing research and development to bring LICENSED PRODUCTS to market through a thorough, vigorous, and diligent program for exploitation of the PATENT RIGHTS, to develop manufacturing capabilities, and to continue active, diligent marketing efforts for LICENSED PRODUCTS throughout the term of this AGREEMENT, and to vigorously sublicense PATENT RIGHTS for applications MERIX will not pursue throughout the life of this AGREEMENT.
DUE DILIGENCE REQUIREMENTS. 4.01 OREXIGEN shall use commercially reasonable efforts to bring LICENSED PRODUCTS to market through a thorough, vigorous and diligent program for exploitation of the DUKE PATENT RIGHTS and OREXIGEN PATENT RIGHTS, and to continue active, diligent marketing efforts for LICENSED PRODUCTS throughout the life of this AGREEMENT. The development and commercialization schedule set forth on attached APPENDIX C (hereinafter “COMMERCIALIZATION SCHEDULE”) is hereby agreed upon as a reasonable one to be followed. Variations from the schedule set forth in the COMMERCIALIZATION SCHEDULE must be expressly approved by DUKE in writing, such approval not to be unreasonably withheld. OREXIGEN may extend the targets through the payment to DUKE of a MAINTENANCE FEE of [***] [***] dollars ($[***]) for each year OREXIGEN desires to extend such targets (not to exceed a total extension period of [***] ([***]) years for any one such target), provided that each MAINTENANCE FEE payment is received by DUKE at least than [***] ([***]) days prior to the then applicable target date. However, if any of the targets set forth in the COMMERCIALIZATION SCHEDULE are not reached within the stated time periods set out in APPENDIX C, or within those amended periods of time approved in writing by Duke, and such targets are not extended by the payment of a MAINTENANCE FEE, then DUKE may, at its sole discretion, convert the exclusive licenses granted hereunder to non-exclusive licenses and DUKE may in its sole discretion require OREXIGEN (and/or its assignee(s), as the case may be) to assign to DUKE any SUBLICENSES for which exclusive rights have previously been granted and, in the event of such assignment(s), OREXIGEN’s rights under this AGREEMENT to such rights sublicensed exclusively to under the subject SUBLICENSES shall terminate as of the effective date of the appertaining assignment(s) to DUKE. For any rights that OREXIGEN may be permitted to retain, LICENSEE will still be responsible to DUKE for any royalty payments and payments with respect to non-royalty income.
DUE DILIGENCE REQUIREMENTS. 7.01 LICENSEE shall use its best efforts to bring LICENSED PRODUCTS to market through a thorough, vigorous and diligent program for exploitation of the PATENT RIGHTS, to develop manufacturing capabilities itself or through third parties, and to continue active, diligent marketing efforts for LICENSED PRODUCTS, including a vigorous sublicensing program to effect commercialization of LICENSED PRODUCTS in any field that the LICENSEE decides not to exploit on its own, throughout the life of this Agreement.
DUE DILIGENCE REQUIREMENTS. 4.01 No multiple royalties on NET SALES shall be payable to DANTE on a single LICENSED PRODUCT because its manufacture, use, lease, sale or practice are or shall be covered by more than one of the PATENT RIGHTS and/or OREXIGEN PATENT RIGHTS.
DUE DILIGENCE REQUIREMENTS. 4.01 As of the Effective Date, Licensee’s research and development and its former sublicensee’s commercialization of Licensed Products have satisfied Licensee’s due diligence obligations. Licensee and/or its licensed Affiliates must continue to use its best reasonable efforts to bring Licensed Products and/or Licensed Services to market through a thorough, vigorous and diligent program for exploitation of the Patent Rights, to develop or contract manufacturing capabilities, and to continue active, diligent marketing efforts for Licensed Products and/or Licensed Services throughout the term of this Agreement. The parties agree that the Development and Commercialization Schedule established in attached Appendix C is reasonable. Variations from Appendix C must be expressly approved by NCSU in writing, such approval not to be unreasonably withheld.
DUE DILIGENCE REQUIREMENTS. 4.01 COMPANY shall use reasonable best efforts to bring LICENSED PRODUCTS and/or LICENSED SERVICES to market through a thorough, vigorous and diligent program for exploitation of the DUKE PATENT RIGHTS, (including, but not limited to, vigorous and diligent pursuit of any required governmental approvals) and to continue active, diligent marketing efforts for LICENSED PRODUCTS and/or LICENSED SERVICES throughout the life of this AGREEMENT.
DUE DILIGENCE REQUIREMENTS. If UCLA Health wishes to acquire any physician or group practice, they will, when conducting due diligence, ask about policies, educational programs, monitoring and auditing activities relating to sexual misconduct; current or past allegations related to sexual misconduct; and related pending or potential claims, investigations, reports, judgments, and settlements. Compliance with Settlement Agreement. UCLA medical facilities will undertake and implement the actions required hereunder for a minimum of three years. A copy of the Compliance Monitor’s annual report concerning implementation of the measures described herein will be provided to Class Counsel on or before the date the report is delivered to the Chancellor and UC Regents. Class Counsel will have standing to seek relief from the Court if they believe there is material non-compliance on the part of UCLA medical facilities. Class Counsel will not initiate an action to enforce any obligation hereunder unless they have first met and conferred with counsel for UC Regents and UC Regents has had a reasonable opportunity to cure any alleged deficiency. EXHIBIT C N OTICE OF PROPOSED CLASS ACTION SETTLEMENT U NITED STATES DISTRICT COURT FOR THE CENTRAL DISTRICT OF CALIFORNIA A federal court authorized this Notice. This is not a solicitation from a lawyer. Women who were seen for treatment by Xx. Xxxxx Xxxxx at UCLA medical facilities may be eligible to participate in a class action settlement. A settlement has been reached with Regents of the University of California (“Regents”) and with Xx. Xxxxx
DUE DILIGENCE REQUIREMENTS. The Lender, as agent of the Authority for the purposes set forth below, shall perform in the manner provided in the Lender Guide and the Program Guidelines the following investigations and procedures with respect to each Mortgage Loan originated for sale to the Servicer in accordance with this Agreement on or prior to the Purchase Date:
