Common use of Responsibility; Diligence Clause in Contracts

Responsibility; Diligence. Subject to Section 5.6.2, Xxxxxxx shall have the sole right and authority, at its sole cost and expense, to Commercialize the Licensed Compounds and Licensed Products in the Field in the Territory. Xxxxxxx shall use Commercially Reasonable Efforts to Commercialize each Licensed Product in each of the Major Market Countries following receipt of Marketing Approval of such Licensed Product in the applicable country. Xxxxxxx shall conduct all such Commercialization in accordance with the terms and conditions of this Agreement and in compliance with Applicable Law.

Appears in 2 contracts

Samples: License and Collaboration Agreement, License and Collaboration Agreement (Protagonist Therapeutics, Inc)

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Responsibility; Diligence. Subject to Section 5.6.2, Xxxxxxx shall have the sole right and authority, at its sole cost and expense, to Commercialize the Licensed Compounds and Licensed Products in the Field in the Territory. Xxxxxxx shall use Commercially Reasonable Efforts to Commercialize each Licensed Product, whether it is the Initial Product or a 2nd Generation Product, in each of the Major Market Countries following receipt of Marketing Approval of such Licensed Product in the applicable country. Xxxxxxx shall conduct all such Commercialization in accordance with the terms and conditions of this Agreement and in compliance with Applicable Law.

Appears in 2 contracts

Samples: License and Collaboration Agreement (Protagonist Therapeutics, Inc), License and Collaboration Agreement (Protagonist Therapeutics, Inc)

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