ZENECA Diligence Obligation Sample Clauses

ZENECA Diligence Obligation. (a) ZENECA will use commercially reasonable efforts to develop a Development Candidate as expeditiously as possible consistent with ZENECA's own practices for drugs of similar commercial potential and for all indications for which ZENECA reasonably determines the Development Candidate is likely to be commercially attractive. If ZENECA determines that it will not develop a Development Candidate for such commercially attractive indication outside of the initial therapeutic focus of the Target as determined by the Joint Research Committee, taking into account ZENECA's overall development plan for the Development Candidate for all indications, ZENECA will reasonably consider development and commercialization of the Development Candidate by ISIS or a Third Party in any indication ZENECA is not pursuing. Such consideration by ZENECA will be intended to maximize the commercial value of the Development Candidate to ZENECA and ISIS without jeopardizing the development or commercialization of the Development Candidate by ZENECA in the indication ZENECA is pursuing. Determination by ZENECA not to permit such commercialization on the grounds that such development could jeopardize the development or commercialization of the Development Candidate shall be deemed to be reasonable. * CONFIDENTIAL TREATMENT REQUESTED
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Related to ZENECA Diligence Obligation

  • Diligence Obligations NN shall use commercially --------------------- reasonable efforts to achieve each of the following diligence obligations, for at least one Zid Embodiment in the ZSS, no later than the applicable deadline. The standard diligence time periods that ZGI and NN intend to be included in a Pre-Negotiated License under SECTION 7.8 in the situation where a Xxx Xxxx, Zid Protein or a Soluble Embodiment is the Product are recited below. However, both ZGI and NN recognize that specific circumstances surrounding a particular Zid Embodiment may lead the parties to negotiate one or more different diligence time period(s) within a particular Pre-Negotiated License. Under the standard diligence time periods, NN must:

  • Performance Obligations The Purchaser shall have performed in all respects all obligations required to be performed by it under this Agreement at or prior to the Closing.

  • Agreement to Assume Obligations The New Issuer hereby agrees to unconditionally assume the Issuer’s Obligations under the Notes and the Indenture on the terms and subject to the conditions set forth in Article XIV of the Indenture and to be bound by all other applicable provisions of the Indenture and the Notes and to perform all of the obligations and agreements of the Issuer under the Indenture.

  • One Obligation The Loans, LC Obligations and other Obligations shall constitute one general obligation of Borrowers and (unless otherwise expressly provided in any Loan Document) shall be secured by Agent’s Lien upon all Collateral; provided, however, that Agent and each Lender shall be deemed to be a creditor of, and the holder of a separate claim against, each Borrower to the extent of any Obligations jointly or severally owed by such Borrower.

  • Severance Obligations In the event an offer of employment is extended by the Buyers to and accepted by an employee of the Seller pursuant to Section 4(c) and such subsequent employment by the Buyers is terminated within sixty (60) days from the Closing Date, the Seller shall be exclusively responsible for, and shall pay to such accepting employee, all severance benefits that may be due and owing such employee by reason of his or her employment with either the Seller or the Buyers based on Seller's severance policies as in effect on the Closing Date.

  • CONDITIONS PRECEDENT TO THE OBLIGATIONS OF SELLER All obligations of Seller under this Agreement are subject to the fulfillment, prior to or at the Closing, of each of the following conditions, any or all of which may be waived in whole or in part by Seller.

  • Diligence Materials The Company has provided to the Representative and Representative Counsel all materials required or necessary to respond in all material respects to the diligence request submitted to the Company or Company Counsel by the Representative.

  • Conditions Precedent to the Obligations of Sellers The obligations of Sellers to consummate the transactions contemplated by this Agreement are subject to the fulfillment, on or prior to the Closing Date, of each of the following conditions, any of which may be waived in writing by Sellers in their sole discretion:

  • Third Party Obligations 3.1. The THIRD PARTY shall:-

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