Common use of Commercialization Obligations Clause in Contracts

Commercialization Obligations. 6.2.1 Upon receipt of the Marketing Authorization with respect to each Product and/or Optional Product, subject to the terms of this Agreement, the Parties shall use Commercially Reasonable Efforts to Commercialize and Manufacture for commercial supply such Product and/or Optional Product to the extent provided for, and in accordance with, the relevant marketing plan and approved budget. Each Party shall have the right to satisfy its diligence obligations under this Clause 6.2.1 through its Affiliates and permitted Third Parties, as the case may be.

Appears in 2 contracts

Sources: Product Development, Licence and Commercialization Agreement (Stocosil Inc.), Product Development, Licence and Commercialization Agreement (Stocosil Inc.)