Reasonable diligence means a degree of diligence that is comparable to the diligence a reasonable person would employ in searching for information regarding an important matter in the person's own life.
Reasonable diligence means the exercise of justifiable and appropriate persistent effort.
Reasonable diligence means commercially reasonable efforts to develop, obtain Regulatory Approval, and/or commercialize, as applicable, a Product in a country in the Territory, consistent with accepted business practices and legal requirements, and comparable to efforts in the pharmaceutical industry applicable to development, obtaining of Regulatory Approval for, or commercialization of human pharmaceutical products at an equivalent stage of development and similar market potential, profit potential and strategic value in view of conditions then prevailing.
Examples of Reasonable diligence in a sentence
Reasonable diligence will be exercised in performing their duties so that they do not interfere with the operational needs of the Employer.
More Definitions of Reasonable diligence
Reasonable diligence means the maintenance of and reasonable compliance with reasonable routines for communicating significant information to the employee conducting the transaction. Reasonable diligence does not require an employee of the entity to communicate information unless the communication is part of the individual's regular duties or the individual knows a matter concerning the transaction would be materially affected by the information.
Reasonable diligence means reviewing periodic reports and other documents filed with the Securities and Exchange Commission, conducting a Nexis or similar on-line computer search and reviewing corporate summaries compiled by Dun & Bradstreet Corporation; it being understood that an Affiliate will be deemed to know that an Entity is an Investment Competitor if that Entity derives 10% or more of its assets or revenues from Investment Competitive Activities. The provisions of this Subsection (b) shall not apply to any Affiliate which has an Equity Interest in an Entity which is an Investment Competitor if such Affiliate either has the ability to designate a majority of the members of the board of directors of such Entity or any Parent of such Entity or owns a majority Equity Interest in any class of securities of such Entity or any Parent of such Entity. (c) The Distributor acknowledges that there may be no adequate remedy at law, and that money damages may not be an adequate remedy for breach of this Section. Therefore, the Distributor agrees that Bollore shall have the right, in addition to any other rights it may have under this Agreement (including any termination rights) or otherwise, to injunctive relief and specific performance in the event of the Distributor's breach of this Section. This remedy (including any termination rights) shall be cumulative and shall in no way limit any other remedy Bollore may have at law, in equity or under this Agreement.
Reasonable diligence means the same level of effort used by Roche in developing, registering, marketing and selling its own protein-based products that must be approved by the FDA before they can be sold in the Roche Territory. The parties acknowledge that Roche does not develop, register, market and sell its own protein-based products in every country within the Roche Territory, and it is understood that the exercise by Roche of reasonable diligence shall be determined by judging its efforts in the Roche Territory taken as a whole.
Reasonable diligence means using all reasonable endeavours consistent with those used by pharmaceutical companies similarly situated to Oncogenerix or Rosemont (as the case may be) in activities that are the same as or similar to the Activities in respect of other pharmaceutical products similarly situated to the Licensed Product.
Reasonable diligence means as soon as reasonably practicable within normal business operations. The longest time reasonable diligence should require is 5 business days. However, the BOC, the OCE and department leaders shall collaborate to make adjustments in response times for unusual circumstances, unavoidably urgent matters, and other reasons for adjusting times for response.
Reasonable diligence means commercially reasonable efforts to develop and obtain Regulatory Approval in the Territory, consistent with accepted business practices and legal requirements, and comparable to efforts in the pharmaceutical industry for compounds at an equivalent stage of development and similar market potential,; PROVIDED, HOWEVER, that prior to the first human dose for the Oral Formulation, "Reasonable Diligence" with respect to development of the Oral Formulation shall be deemed satisfied upon the earlier of (a) administration of the first human dose for the Oral Formulation; or (b) cumulative out-of-pocket third party expenses by Versicor in connection with Oral Formulation development pursuant to the Oral Formulation Development Plan equal to or greater than Five Hundred Thousand Dollars ($500,000) on or before December 31, 2000 and One Million Dollars ($1,000,000) on or before December 31, 2001.
Reasonable diligence means the business care and prudence expected from a person seeking to satisfy a legal requirement under similar circumstances as described in 45 C.F.R. § 160.401.