Common use of Obligation to Commercialize Clause in Contracts

Obligation to Commercialize. LICENSEE shall, using best business practice, diligently fill the market demands for LICENSED PRODUCTS and LICENSED METHODS within the FIELD OF USE and in the TERRITORY.

Appears in 2 contracts

Samples: Option Agreement (Wildcap Energy Inc.), Option Agreement (WildCap Energy Inc.)

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Obligation to Commercialize. LICENSEE shall, using best business practice, diligently fill the market demands for LICENSED PRODUCTS Licensed Products and LICENSED METHODS Licensed Method within the FIELD OF USE Field of Use and in the TERRITORYTerritory.

Appears in 1 contract

Samples: Exclusive Patent License Agreement (Hague Corp.)

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Obligation to Commercialize. LICENSEE shall, using best business practice, diligently fill the market demands for LICENSED PRODUCTS and LICENSED METHODS Licensed Products within the FIELD OF USE Fields of Use and in the TERRITORYTerritory. To that end, LICENSEE shall meet the developmental milestones described in this Article.

Appears in 1 contract

Samples: Exclusive License Agreement (Cancer Prevention Pharmaceuticals, Inc.)

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