Commercially Reasonable Efforts definition

Commercially Reasonable Efforts means efforts which are designed to enable a Party, directly or indirectly, to satisfy a condition to, or otherwise assist in the consummation of, the transactions contemplated by this Agreement and which do not require the performing Party to expend any funds or assume liabilities, other than expenditures and liabilities which are reasonable in nature and amount in the context of the transactions contemplated by this Agreement.
Commercially Reasonable Efforts means [***].
Commercially Reasonable Efforts means (i) with respect to any objective by any party, commercially reasonable, diligent, good faith efforts to accomplish such objective as such party would normally use to accomplish a similar objective under similar circumstances; and (ii) with respect to any objective relating to the development or commercialization of any product by any party, efforts and resources normally used by such party with respect to a product owned by such party at a similar stage in the development or life of such product.

Examples of Commercially Reasonable Efforts in a sentence

  • Each Party shall use Commercially Reasonable Efforts to obtain, and shall cooperate with the other Party in its efforts to obtain or maintain, any exemption from or reduction of any such Tax or charge.

  • Commercially Reasonable Efforts: the same degree of priority and diligence with which Xxxxxx meets the support needs of its other similar end users.

  • If such Malicious Code causes a loss of operational efficiency or Xxxx of data, Provider will mitigate such losses and use Information Classification: Limited Access Master Services Agreement -43- CONFIDENTIAL Commercially Reasonable Efforts to restore any data lost from the Provider Technology, subject to reimbursement for reasonable expenses incurred on account of Malicious Code introduced by a BFA Recipient (or any third party acting on its behalf or direction).

  • If requested by Facilitator, Producer shall use Commercially Reasonable Efforts to obtain, register, certify or deliver the Other Products Related to Electric Generation or any evidence of the Facilitator's right, title and interest thereto to Facilitator, to the ISO-NE Administered Markets or other markets, or as Facilitator reasonably may direct otherwise.

  • Provider shall use its Commercially Reasonable Efforts to ensure that, to the extent reasonably possible, such funds are covered by deposit insurance provided by the local government or other similar protections.


More Definitions of Commercially Reasonable Efforts

Commercially Reasonable Efforts means the commercially reasonable efforts that a prudent Person desirous of achieving a result and having an incentive to and interest in achieving such result would use to achieve that result as expeditiously as reasonably possible under the circumstances;
Commercially Reasonable Efforts means those efforts in accordance with the subject Party’s efforts and resources normally used by it for a product owned by it, or to which it has rights, which is of similar market potential at a similar stage in its product life, taking into account the competitiveness of the marketplace, the proprietary position of the product, the regulatory structure involved, the profitability of the applicable product, and other relevant factors including technical, legal, scientific or medical factors.
Commercially Reasonable Efforts means, [***].
Commercially Reasonable Efforts means efforts that are reasonable under the circumstances for a well managed company in the securities processing industry.
Commercially Reasonable Efforts means those efforts that are consistent with the efforts and resources normally used by a biotechnology company of similar size to Aptose in the research and development of a potential product or the commercialization of a product, in each case owned by it or to which it has exclusive rights, with similar product characteristics as a Product and of similar market potential at a similar stage in its development or product life as the Product, taking into account all relevant factors, including patent coverage, safety and efficacy, product profile, competitiveness of the marketplace, proprietary position and profitability (including pricing and reimbursement).
Commercially Reasonable Efforts means with respect to the efforts to be expended by a Party with respect to any objective, [***].
Commercially Reasonable Efforts means taking such steps and performing in such a manner as a well managed business would undertake where such business was acting in a determined, prudent and reasonable manner to achieve a particular desired result for its own benefit.