Common use of Commercialization Diligence Clause in Contracts

Commercialization Diligence. 7.4.1 Upon Regulatory Approval in a country in the Licensee Territory for a Licensed Product, Licensee shall use Commercially Reasonable Efforts to Commercialize such Licensed Product in the Field in such country.

Appears in 2 contracts

Samples: Commercial License Agreement (Mersana Therapeutics, Inc.), Commercial License Agreement (Mersana Therapeutics, Inc.)

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Commercialization Diligence. 7.4.1 Upon Regulatory Approval in a country in the Licensee Territory for a Licensed Product, Licensee shall use Commercially Reasonable Efforts to Commercialize such each Licensed Product in each country within the Field Major Markets in which Market Approval has been obtained for such countryLicensed Product.

Appears in 1 contract

Samples: License Agreement (First Wave BioPharma, Inc.)

Commercialization Diligence. 7.4.1 Upon Regulatory Approval in a country in the Licensee Territory for a Licensed Product, 6.1.1 Licensee shall use Commercially Reasonable Efforts to promote, market, sell or otherwise Commercialize the Licensed Products throughout the Licensed Territory for use in the Licensed Territory for the indications for which Health Registration Approval for such Licensed Product Products has been obtained in the Field in such countryLicensed Territory.

Appears in 1 contract

Samples: License Agreement (RedHill Biopharma Ltd.)

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Commercialization Diligence. 7.4.1 Upon Regulatory Approval in a country in the Licensee Territory for a Licensed Product, Licensee shall will use Commercially Reasonable Efforts to Commercialize such Licensed at least one (1) Product in the Field Licensed Territory following Licensee’s or its designated Affiliate’s or Sublicensee’s receipt of Regulatory Approval for such Product in such countrythe Licensed Territory.

Appears in 1 contract

Samples: License Agreement (Pyxis Oncology, Inc.)

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