Common use of Commercialization Clause in Contracts

Commercialization. Licensee agrees to use its best efforts to commercially introduce its first Licensed Product in the Field as soon as practicable. Licensee shall be deemed to have satisfied its obligations under this Section 7.1 if Licensee has an ongoing and active research, development or marketing program, directed primarily toward commercial production and use of its first Licensed Product. Any efforts of Licensee’s Affiliates or sublicensees shall be considered efforts of Licensee for the sole purpose of determining Licensee’s compliance with its obligation under this Section 7.1.

Appears in 2 contracts

Sources: License Agreement (Gevo, Inc.), License Agreement (Gevo, Inc.)

Commercialization. Licensee agrees to use its best reasonable efforts to commercially introduce its first Licensed Product Products in the Field as soon as practicable. Licensee shall be deemed to have satisfied its obligations under this Section 7.1 6.1 if Licensee has an ongoing and active research, development or marketing program, directed primarily toward commercial production and use of its first one or more Licensed ProductProducts. Any efforts of Licensee’s Affiliates or sublicensees shall be considered efforts of Licensee for the sole purpose of determining Licensee’s compliance with its obligation under this Section 7.16.1.

Appears in 2 contracts

Sources: License Agreement (VIASPACE Inc.), License Agreement (VIASPACE Inc.)

Commercialization. Licensee agrees to use its best efforts to commercially introduce its first Licensed Product Products in the Field as soon as practicable. Licensee shall be deemed to have satisfied its obligations under this Section 7.1 6.1 if Licensee has an ongoing and active research, development or marketing program, directed primarily toward commercial production and use of its first Licensed Product. Any efforts of Licensee’s Affiliates or sublicensees shall be considered efforts of Licensee for the sole purpose of determining Licensee’s compliance with its obligation under this Section 7.1[**].

Appears in 1 contract

Sources: License Agreement (Arrowhead Research Corp)

Commercialization. Licensee agrees to use its best commercially reasonable efforts to commercially introduce its first and reasonably fulfill market demand for Licensed Product Products in the Field as soon as practicableField. Licensee shall be deemed to have satisfied its obligations under this Section 7.1 if Licensee has an ongoing and active research, development or marketing program, directed primarily toward clinical or commercial production production, use, and use sale of its first one or more Licensed ProductProducts. Any efforts of Licensee’s Affiliates or sublicensees Sublicensees shall be considered efforts of Licensee for the sole purpose of determining Licensee’s compliance with its obligation under this Section 7.1.

Appears in 1 contract

Sources: License Agreement (IsoPlexis Corp)

Commercialization. Licensee agrees to use its best commercially reasonable efforts to commercialize Licensed Products (i.e., commercially introduce its first sell the Licensed Product in the Field Products) as soon as practicable. Licensee shall be deemed to have satisfied its obligations under this Section 7.1 if Licensee has an ongoing and active research, development or marketing program, directed primarily toward commercial production and use of its first one or more Licensed ProductProducts. Any efforts of Licensee’s Affiliates or sublicensees Sublicensees shall be considered efforts of Licensee for the sole purpose of determining Licensee’s compliance with its obligation under this Section 7.1.

Appears in 1 contract

Sources: License Agreement (Poniard Pharmaceuticals, Inc.)

Commercialization. Licensee agrees to use its best efforts to commercially introduce its first Licensed Product Products in the Field as soon as practicable. Licensee shall be deemed to have satisfied its obligations under this Section 7.1 if Licensee has an ongoing and active research, development or marketing program, directed primarily toward commercial production and use of its first one or more Licensed ProductProducts. Any efforts of Licensee’s 's Affiliates or sublicensees shall be considered efforts of Licensee for the sole purpose of determining Licensee’s 's compliance with its obligation under this Section 7.1.

Appears in 1 contract

Sources: License Agreement (Ecotality, Inc.)

Commercialization. Licensee agrees to use its best efforts to commercially introduce its first Licensed Product Products in the Field as soon as practicable. Licensee shall be deemed to have satisfied its obligations under this Section 7.1 if Licensee has an ongoing and active research, development or marketing program, directed primarily toward commercial production and use of its first one or more Licensed ProductProducts. Any efforts of Licensee’s Affiliates or sublicensees shall be considered efforts of Licensee for the sole purpose of determining Licensee’s compliance with its obligation under this Section 7.1.

Appears in 1 contract

Sources: License Agreement (Alchemy Enterprises, Ltd.)

Commercialization. Licensee agrees to use its best commercially reasonable efforts to commercially introduce its first and reasonably fulfill market demand for Licensed Product Products in the Field as soon as practicablepractical. Licensee shall be deemed to have satisfied its obligations under this Section 7.1 if Licensee has an ongoing and active research, development or marketing program, directed primarily toward commercial production production, use, and use sale of its first one or more Licensed ProductProducts. Any efforts of Licensee’s Affiliates or sublicensees Sublicensees shall be considered efforts of Licensee for the sole purpose of determining Licensee’s compliance with its obligation obligations under this Section 7.1.

Appears in 1 contract

Sources: License Agreement (RxSight, Inc.)