Operational Responsibilities for Development Sample Clauses
The 'Operational Responsibilities for Development' clause defines the specific duties and obligations each party must fulfill during the development phase of a project. It typically outlines who is responsible for tasks such as project management, resource allocation, progress reporting, and compliance with relevant standards or regulations. For example, one party may be tasked with providing necessary materials or approvals, while the other handles day-to-day project execution. This clause ensures that all operational aspects are clearly assigned, reducing confusion and helping to prevent disputes over roles and accountability during development.
Operational Responsibilities for Development. Unless the Parties agree in writing upon an alternate allocation of responsibility or as set forth in the Development Plan, (a) Gilead shall hold primary responsibility for completing all Development activities relating to Licensed Compound and Licensed Products in the Territory and shall use Commercially Reasonable Efforts with respect thereto for the first Licensed Product in each of the Major Markets in the Target Indications, and (b) Galapagos shall use Commercially Reasonable Efforts to complete any Development activities assigned to it in the Development Plan relating to the Licensed Compound and Licensed Products in the Territory. Without limiting the foregoing, […***…].
Operational Responsibilities for Development. Unless the Parties agree in writing upon an alternate allocation of responsibility, the Parties shall have the following rights and obligations with respect to the operational responsibilities under each Joint Development Plan, which rights shall be exercised and obligations shall be fulfilled in accordance with the last sentence of Section 3.1:
(i) [*]. Operational responsibility for all [*] and [*] designed to support Regulatory Approvals in [*] shall be allocated between the Parties as set forth in the Joint Development Plan. [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended.
Operational Responsibilities for Development. Unless the Parties agree in writing upon an alternate allocation of responsibility, the Parties shall have the following rights and obligations with respect to the operational responsibilities under each Joint Development Plan, which rights shall be exercised and obligations shall be fulfilled in accordance with the last sentence of Section 3.1:
(i) [*]. Operational responsibility for all [*] and [*] designed to support Regulatory Approvals in [*] shall be allocated between the Parties as set forth in the Joint Development Plan.
Operational Responsibilities for Development