Common use of Commercialization Clause in Contracts

Commercialization. Licensee agrees to use commercially reasonable efforts to commercially introduce and reasonably fulfill market demand for Licensed Products in the Field as soon as it is practicable. Licensee shall be deemed to have satisfied its obligations under this Section 7.1 if:

Appears in 3 contracts

Samples: License Agreement (Homology Medicines, Inc.), License Agreement (Homology Medicines, Inc.), License Agreement (Homology Medicines, Inc.)

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Commercialization. Licensee agrees to use commercially reasonable efforts to commercially introduce and reasonably fulfill market demand for Licensed Products in the Field as soon as it is practicable. Licensee shall be deemed to have satisfied its obligations under this Section 7.1 if:6.1 if Licensee has an ongoing and active research, development or marketing program, directed primarily toward commercial production and use of one or more Licensed Products. 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 6.1.

Appears in 2 contracts

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

Commercialization. Licensee agrees to use commercially reasonable efforts to commercially introduce and reasonably fulfill market demand for Licensed Products in the Field as soon as it is practicableField. Licensee shall be deemed to have satisfied its obligations under this Section 7.1 if:if Licensee has an ongoing and active research, development or marketing program, directed primarily toward clinical or commercial production, use, and sale of one or more Licensed Products. 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

Samples: License Agreement (IsoPlexis Corp)

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

Appears in 1 contract

Samples: License Agreement (Poniard Pharmaceuticals, Inc.)

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Commercialization. Licensee agrees to use commercially reasonable its best efforts to commercially introduce and reasonably fulfill market demand for Licensed Products in the Field as soon as it is practicable. Licensee shall be deemed to have satisfied its obligations under this Section 7.1 if:6.1 if [**].

Appears in 1 contract

Samples: License Agreement (Arrowhead Research Corp)

Commercialization. Licensee agrees to use commercially reasonable efforts to commercially introduce and reasonably fulfill market demand for Licensed Products in the Field as soon as it is practicablepractical. Licensee shall be deemed to have satisfied its obligations under this Section 7.1 if:if Licensee has an ongoing and active research, development or marketing program, directed primarily toward commercial production, use, and sale of one or more Licensed Products. 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 obligations under this Section 7.1.

Appears in 1 contract

Samples: Licence Agreement (RxSight, Inc.)

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