Common use of Commercialization Diligence Clause in Contracts

Commercialization Diligence. Upon receipt of the Marketing Authorization for a Licensed Product in the Field in a given Region in the Territory, Lian (directly, or through its Affiliates, Sublicensees or contractors) will use Commercially Reasonable Efforts to Commercialize such Licensed Product in the Field in such Region in the Territory. Lian will have sole decision-making authority and discretion with respect to Commercializing the Licensed Product in the Field in the Territory. [***].

Appears in 3 contracts

Samples: License and Collaboration Agreement (LianBio), License and Collaboration Agreement (Landos Biopharma, Inc.), License and Collaboration Agreement (LianBio)

AutoNDA by SimpleDocs

Commercialization Diligence. Upon receipt of the Marketing Authorization for a the Licensed Product in the Field in a given Region in the Territory, Lian (directly, or through its Affiliates, Sublicensees Sublicensees, or contractors) will use Commercially Reasonable Efforts to Commercialize such the Licensed Product in the Field in such Region in the Territory. Lian will have sole decision-making authority and discretion with respect to Commercializing control over the Commercialization of the Licensed Product in the Field in the Territory. [***].

Appears in 2 contracts

Samples: License and Collaboration Agreement (Lyra Therapeutics, Inc.), License and Collaboration Agreement (LianBio)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.