Scientifically Reasonable and Diligent Efforts definition

Scientifically Reasonable and Diligent Efforts means, unless the Parties agree otherwise, those efforts consistent with the exercise of prudent scientific and business judgment, as applied to other products of similar scientific and commercial potential within the relevant product lines of the Developing Party and its Affiliates.
Scientifically Reasonable and Diligent Efforts means, unless the Parties agree otherwise, those efforts consistent with the exercise of prudent scientific and business judgment, as applied to other research, development and commercialization programs or products of similar scientific and commercial potential within the relevant product lines of the Party developing the Ribozyme Product and its Affiliates. Scientifically Reasonable and Diligent Efforts shall also mean the use of commercially reasonable diligent efforts to develop, commercialize and market a Ribozyme Product.
Scientifically Reasonable and Diligent Efforts means, unless the Parties agree otherwise, those efforts consistent with the exercise of prudent scientific and business judgment, as applied to other research programs or products of similar scientific and commercial potential within the relevant product lines of the Party developing the Product and its Affiliates.

Examples of Scientifically Reasonable and Diligent Efforts in a sentence

  • The Developing Party shall use Scientifically Reasonable and Diligent Efforts to develop and commercialize Development Compounds into Products; provided, however, that either Party may terminate development of a Development Compound at any time for any reason and, subject to Section 8.4, the Developing Party may elect in its sole discretion whether to market a Product in a given country.

  • Each Party shall use Scientifically Reasonable and Diligent Efforts to perform the respective responsibilities set forth in Section 4.2 and 4.3 and under the Research Plan; provided that Tularik shall not be required to allocate more than [ * ] FTEs to the Research Collaboration in any year.

  • If Roche (i) fails to use Scientifically Reasonable and Diligent Efforts in developing at least one Product against an In Vivo Validated Target and such failure continues for [ ]subject to the terms and conditions of this Agreement, including but not limited to Sections 6.4.5 and 6.5. Roche shall retain the exclusive right to develop a [ ]against such In Vivo Validated Target.

  • Allergan and Sirna will each use Scientifically Reasonable and Diligent Efforts to research, develop and commercialize Licensed Products in the Field, in the manner set forth (or to be set forth) in the Research Plan and/or Development Plan, subject to the provisions of Sections 3.6 and 3.13.

  • Each Party shall use Scientifically Reasonable and Diligent Efforts to perform its respective responsibilities as set forth in the Research Plan.


More Definitions of Scientifically Reasonable and Diligent Efforts

Scientifically Reasonable and Diligent Efforts means, unless the Parties agree otherwise, those efforts consistent with the exercise of prudent scientific and business judgment, as applied to other research, development and commercialization programs or products of similar scientific and commercial potential within the relevant product lines of the Party developing the Ribozyme Product and its Affiliates. Scientifically Reasonable and Diligent Efforts shall also mean the use of commercially reasonable diligent efforts to develop, commercialize and market a Ribozyme Product. [*] Confidential treatment requested

Related to Scientifically Reasonable and Diligent Efforts

  • Diligent Efforts means, with respect to a Party’s obligations hereunder, the carrying out of obligations or tasks in a sustained manner consistent with the efforts a Party devotes to a research, development or marketing project for a pharmaceutical product or products of similar market potential, profit potential or strategic value resulting from its own research efforts, based on conditions then prevailing, which efforts shall in any event be no less than those which would be considered reasonable in the pharmaceutical or biotechnology industries.

  • 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.

  • Commercially Reasonable or “Commercially Reasonable Efforts” means, with respect to any action required to be made, attempted or taken by a Party under this Agreement, the level of effort in light of the facts known to such Party at the time a decision is made that: (a) can reasonably be expected to accomplish the desired action without a material increase in costs incurred by such Party; (b) is consistent with Prudent Industry Practices; and (c) takes into consideration the amount of advance notice required to take such action, the duration and type of action and the competitive environment in which such action occurs.

  • Reasonable Commercial Efforts means, with respect to the applicable obligation of the Company, reasonable commercial efforts for similarly situated, publicly-traded companies.

  • Reasonable Efforts means, with respect to any action required to be made, attempted, or taken by an Interconnection Party or by a Construction Party under Tariff, Part IV or Tariff, Part VI, an Interconnection Service Agreement, or a Construction Service Agreement, such efforts as are timely and consistent with Good Utility Practice and with efforts that such party would undertake for the protection of its own interests. Regional Entity:

  • Collaboration Know-How means all Know-How and Materials discovered, created, conceived, developed or reduced to practice in the course of performing activities under the Collaboration Program (whether solely by one Party or jointly by the Parties, in each case with their Affiliates or any Third Parties or any employees, consultants or agents of any of the foregoing which perform activities under the Collaboration Program).

  • Reasonable grounds means that a reasonable person in your position would also suspect the information indicates misconduct or a breach of the law.

  • Development Activities means those activities which are normally undertaken for the development, construction, rehabilitation or conversion of buildings for residential purposes, including the acquisition of property;

  • Use shall have the meaning given to such term under the HIPAA regulations in 45 CFR § 160.103.

  • Develop means to engage in Development.

  • Assisting Party means a party that provides assistance pursuant to this Agreement during an emergency or disaster.

  • Medical Affairs Activities means, with respect to any country or other jurisdiction in the Territory, the coordination of medical information requests and field based medical scientific liaisons with respect to Licensed Compounds or Licensed Products, including activities of medical scientific liaisons and the provision of medical information services with respect to a Licensed Compound or Licensed Product.

  • Autism spectrum disorder means a neuro-developmental condition typically appearing in the first three years of life that significantly affects a person's ability to communicate, understand relationships and relate to others, and is frequently associated with unusual or stereotypical rituals or behaviours.

  • Licensed professional counselor means a counselor licensed by a Member State, regardless of the title used by that State, to independently assess, diagnose, and treat behavioral health conditions.

  • Commercial Activities means activities conducted on a commercial basis.

  • licensed activities means things authorised to be done by the licence

  • Commercially Sensitive Information means the Information (i) listed in the Commercially Sensitive Information Schedule; or (ii) notified to the Authority in writing (prior to the commencement of this Contract) which has been clearly marked as Commercially Sensitive Information comprised of information:

  • Licensed professional means a professional registered in the Commonwealth of Virginia pursuant to Article 1 (§ 54.1-400 et seq.) of Chapter 4 of Title 54.1 of the Code of Virginia. For purposes of these Standards and Specifications a licensed professional is one that is certified by DPOR as an Architect, Professional Engineer, Land Surveyor, or Landscape Architects.

  • Reasonable Best Efforts means best efforts, to the extent commercially reasonable.

  • Best Efforts the efforts that a prudent Person desirous of achieving a result would use in similar circumstances to ensure that such result is achieved as expeditiously as possible.