ATI Diligence Clause Samples

ATI Diligence. ATI shall use Commercially Reasonable Efforts to Develop, seek Regulatory Approval for, and Commercialize [***]. Without limiting the generality of the foregoing, ATI shall initiate a clinical trial with a Product anywhere in the Territory within [***] after the Effective Date. If ATI has not done so by such time, [***] will become due and payable within [***] from Rigel's request for same.