Level of Efforts Sample Clauses

Level of Efforts. Executive agrees to devote his efforts, energies, and skill to the discharge of the duties and responsibilities attributable to his role(s), and shall at a minimum devote sufficient professional time and attention to satisfactorily carry out Executive’s responsibilities. Notwithstanding the foregoing, to the extent such activities do not either individually or in the aggregate materially interfere with the performance of his responsibilities to the Company, Executive shall be entitled to engage in (a) service on the board of directors or as a director of a for- profit business or trade organization during the Term; provided that Executive shall not serve on the board of any entity that materially competes with the Company, (b) service on the board of directors of not-for-profit organizations, (c) other charitable activities and community affairs, and (d) management of his personal and family investments and affairs. With the prior written consent of the Board (which consent will not be unreasonably withheld or delayed), Executive may also act or serve as a director, trustee, member, or principal of any type of organization for which such activities are disclosed in writing to PubCo in accordance with PubCo’s then-current Conflict of Interest Policy.
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Level of Efforts. Collaborator shall devote Diligent Efforts to Commercializing each Product in the Licensed Territory following Regulatory Approval of Products in the Licensed Territory in accordance with this Agreement.
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Level of Efforts. ELUMINEX shall [*] develop and commercialize the Products, including, but not limited to, clinical development, regulatory affairs, manufacturing and commercialization of the Products in the Field in the Territory, [*], to [*].
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Level of Efforts. Upon the grant of Marketing Approval for a POZEN Product in a country of the Major Ex-U.S. Market, Licensee will use Diligent Efforts to Commercialize a POZEN Product in such country. The foregoing Diligent Efforts requirement will apply only to one POZEN Product in each of the Major Ex-U.S. Market countries, irrespective of the number of POZEN Products Licensee elects to Develop and Commercialize, and Licensee may elect to fulfill its Diligent Efforts obligation in such countries in respect to any POZEN Product of its choice in the exercise of its reasonable and good faith judgment. Licensee will have the right to Develop and Commercialize Products during the Term in each country of the Territory, for so long as Licensee is using Diligent Efforts to Commercialize at least one POZEN Product in accordance with this Section 5.3, it being understood that the Parties intend for Licensee to focus its initial efforts on the Commercialization of the Initial POZEN Product in the Territory.
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Level of Efforts. Executive agrees to devote his efforts, energies, and skill to the discharge of the duties and responsibilities attributable to his role(s), and shall at a minimum devote sufficient professional time and attention to satisfactorily carry out Executive’s responsibilities. Notwithstanding the foregoing, to the extent such activities do not either individually or in the aggregate materially interfere with the performance of his responsibilities to the Company, Executive shall be entitled to engage in (a) service on the board of directors or as a director of three for-profit businesses or trade organizations at any time during the Term; provided that Executive shall not serve on the board of any entity that materially competes with the Company, (b) service on the board of directors of not-for-profit organizations, (c) other charitable activities and community affairs, and (d) management of his personal and family investments and affairs. Executive is permitted to (a): act as a manager and owner of business entities that develop and manage investments funds, or that own, sell, finance, or otherwise deal in leases of renewable energy systems, so long as Executive works to offer the Company the first opportunity to be the installation company of residential solar photovoltaic systems for such leases; and (b) with the prior written consent of the Board (which consent will not be unreasonably withheld or delayed) act or serve as a director, trustee, member, or principal of any type of organization for which such activities are disclosed in writing to the Company in accordance with the Company’s Conflict of Interest Policy.
Sample 1
Level of Efforts. To the extent set forth in Section 5.1, GSK shall devote Diligent Efforts to Commercialize the Current Product and the Current Pediatric Product for Licensed Indications in the GSK Territory.
Sample 1
Level of Efforts. 6.11.1. Nycomed shall use commercially reasonable efforts to fulfill its obligations under the Transaction Agreements and Quality Agreements, including the allocation of sufficient human and corporate resources to such tasks; provided, however, that the foregoing shall not be interpreted to require Nycomed to allocate personnel resources to the performance of the Services (as defined in the Services Agreement) beyond the then-current Commitment (as defined in the Services Agreement).
Sample 1
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Level of Efforts. Employee agrees to devote his efforts, energies, and skill to the discharge of the duties and responsibilities attributable to his role(s), and shall at a minimum devote sufficient professional time and attention to satisfactorily carry out Employee’s responsibilities. Notwithstanding the foregoing, to the extent such activities do not either individually or in the aggregate materially interfere with the performance of his responsibilities to the Company, Employee shall be entitled to engage in (a) service on the board of directors or as a director of a for-profit business or trade organization during the Term; provided that Employee shall not serve on the board of any entity that materially competes with the Company, (b) service on the board of directors of not-for-profit organizations, (c) other charitable activities and community affairs, and (d) management of his personal and family investments and affairs. With the prior written consent of the Board (which consent will not be unreasonably withheld or delayed), Employee may also act or serve as a director, trustee, member, or principal of any type of organization for which such activities are disclosed in writing to the Company in accordance with the Company’s then-current Conflict of Interest Policy.
Sample 1
Level of Efforts. Between the date of this Agreement and the Closing Date, each party shall (a) use its commercially reasonable efforts to cause the conditions applicable to it as set forth in Article VIII to be satisfied, (b) use commercially reasonable efforts to take all action necessary to render true and correct as of the Closing its respective representations and warranties contained in this Agreement, (c) refrain from taking any action that would knowingly render any such representation or warranty untrue or incorrect as of such time and (d) perform or cause to be satisfied each agreement or covenant to be performed or satisfied by it.
Sample 1

Related to Level of Efforts

  • Reasonable Efforts (a) Upon the terms and subject to the conditions set forth in this Agreement, each of the parties agrees to use reasonable efforts to take, or cause to be taken, all actions, and to do, or cause to be done, and to assist and cooperate with the other parties in doing, all things necessary, proper or advisable to consummate and make effective, in the most expeditious manner practicable, the Merger and the other transactions contemplated by this Agreement and the Stockholder Agreement, including using reasonable efforts to accomplish the following: (i) the taking of all reasonable acts necessary to cause the conditions to Closing to be satisfied as promptly as practicable; (ii) the obtaining of all necessary actions or nonactions, waivers, consents and approvals from Governmental Entities and the making of all necessary registrations and filings (including filings with Governmental Entities, including under the HSR Act) and the taking of all steps as may be necessary to obtain an approval or waiver from, or to avoid an action or proceeding by, any Governmental Entity; (iii) the obtaining of all necessary consents, approvals or waivers from third parties; (iv) the defending of any lawsuits or other legal proceedings, whether judicial or administrative, challenging this Agreement or the Stockholder Agreement or the consummation of the transactions contemplated by this Agreement or the Stockholder Agreement, including seeking to have any stay or temporary restraining order entered by any court or other Governmental Entity vacated or reversed; and (v) the execution and delivery of any additional instruments necessary to consummate the transactions contemplated by, and to fully carry out the purposes of, this Agreement and the Stockholder Agreement; provided, however, that none of Parent or any of its affiliates shall be required to agree to, or proffer to, (i) divest or hold separate, or enter into any licensing or similar arrangement with respect to, any assets (whether tangible or intangible) or any of Parent's, the Company's or any of their respective affiliates' businesses or (ii) cease to conduct business or operations in any jurisdiction in which Parent, the Company or any of their respective subsidiaries or affiliates conducts business or operations as of the date of this Agreement.

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