Common use of Development of Licensed Products Clause in Contracts

Development of Licensed Products. Licensee, upon execution of this Agreement, will use Commercially Reasonable Efforts to (a) diligently proceed with the development and manufacture (directly or through a contracted third party) of Licensed Products and (b) after obtaining applicable regulatory approval, market and sell the Licensed Products in quantities sufficient to meet the market demands therefor. Licensee or a Sublicensee will use Commercially Reasonable Efforts to obtain all necessary governmental approvals in each country where Licensed Products are manufactured, used, sold, offered for sale or imported.

Appears in 4 contracts

Samples: Exclusive License Agreement (Erasca, Inc.), Exclusive License Agreement (Erasca, Inc.), Exclusive License Agreement (Erasca, Inc.)

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Development of Licensed Products. Licensee, upon execution of this Agreement, will use Commercially Reasonable Efforts to (a) diligently proceed with the development development, manufacture and manufacture (directly or through a contracted third party) sale of Licensed Products and (b) after obtaining applicable regulatory approval, will use Commercially Reasonable Efforts to market and sell the Licensed Products same in quantities sufficient to meet the market demands therefor. Licensee or a Sublicensee sublicensee will use Commercially Reasonable Efforts to obtain all necessary governmental approvals in In each country where Licensed Products are manufactured, used, sold, offered for sale or importedImported.

Appears in 1 contract

Samples: Exclusive License Agreement (Invizyne Technologies Inc)

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Development of Licensed Products. Licensee, upon execution of this Agreement, will use Commercially Reasonable Efforts to (a) diligently proceed with the development development, manufacture and manufacture (directly or through a contracted third party) sale of Licensed Products and (b) after obtaining applicable regulatory approval, market and sell the Licensed Products in quantities sufficient to meet the market demands therefortherefor and will diligently market the same after execution of this Agreement. Licensee or a Sublicensee will use Commercially Reasonable Efforts to obtain all necessary governmental approvals in each country where Licensed Products are manufactured, used, sold, offered for sale or imported.

Appears in 1 contract

Samples: Exclusive License Agreement (Radiopharm Theranostics LTD)

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