Diligence definition

Diligence or "diligent efforts" shall mean commercially reasonable efforts consistent with efforts made by businesses of similar size and resources for similar products in a similar context.

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Diligence means the procedures of the Bank pursuant to the Act on Protection against Criminal Income Legalization. “Strategy of Instruction Execution” shall mean a strategy prepared by the Bank in order to reach the best possible result of Investment Service in relation to the execution of the Client's Instruction; the Strategy of Instruction Execution is a part of the document “Pre-Business Information of the organizational unit J&T BANKA, a. s., pobočka zahraničnej banky“.

Diligence is replaced in its entirety with the following: The first dosing of a patient with a LICENSED PRODUCT or LICENSED PROCESS in an FDA-approved Phase III clinical trial for the treatment of acne with botulinum toxin, by the [*] anniversary of the Effective Date;

Examples of Diligence in a sentence

• Based solely on the Sponsor Diligence, to the knowledge of the Mortgage Loan Seller, no Controlling Owner or guarantor (i) was in a state or federal bankruptcy or insolvency proceeding, (ii) had a prior record of having been in a state or federal bankruptcy or insolvency, or (iii) had been convicted of a felony.

• Based solely on the Sponsor Diligence, to the knowledge of the Seller, no Major Sponsor or guarantor (i) was in a state of federal bankruptcy or insolvency proceeding, (ii) had a prior record of having been in a state of federal bankruptcy or insolvency, or (iii) had been convicted of a felony.

• In no case shall the Certificate Administrator be deemed to have obtained actual or constructive knowledge of the contents of, or information contained in, any Diligence File by virtue of posting such Diligence File to the Secure Data Room.

• After the 120th day following the Closing Date, the Depositor may deliver any Mortgage Loan Seller’s Diligence Files to the Certificate Administrator if it has not previously delivered such Mortgage Loan Seller’s Diligence Files to the Certificate Administrator.

• Upon receipt thereof, the Certificate Administrator shall promptly upload the contents of each Diligence File to the Secure Data Room.

More Definitions of Diligence

Diligence is replaced in its entirety with the following: The FIRST COMMERCIAL SALE of a LICENSED PRODUCT or LICENSED PROCESS, by the [*] anniversary of the Effective Date.

Diligence. Commercially reasonable efforts to achieve objective milestones leading to commercialization Termination: By Institution: For breach by Progenitor By Progenitor: For breach by Institution or upon 30-day notice Grant-back: Patent applications and data revert to Institution upon termination of the license agreement by Progenitor For a period of one (1) year after the date of reversion of rights to Institution, Progenitor shall have a right of first refusal on third-party grant-backs of joint intellectual property to Institution FINANCIAL TERMS: Intellectual property costs and expenses: Borne by Progenitor Consideration: Joint Intellectual Property: Progenitor to pay to Institution [***] of any fees, royalties or other cash consideration actually received by Progenitor, excluding research and development support and equity investments.

Diligence means the use of the applicable Party’s best effort, exercised on a prompt, substantive, consistent and persistent basis and in good faith, and subject to the Party’s commercially reasonable efforts to obtain necessary regulatory approvals and commercially reasonable efforts to obtain necessary contractual rights, or amendments thereto, and in accordance with the Standards, where applicable, as set out in these definitions below.

Diligence means a lighter form of Customer Due Diligence, resulting in certain lower Card and Account limits

Diligence means careful and persistent application or effort. “Diligent” means careful and steady in application to one’s work and duties, showing care and effort.”

Diligence means advancing the Project as diligently as is prudent under the circumstances. Until Project Sanction, decisions by the Participants are subject to the Diligence standard described in Article 5.1, including decisions that impact Project schedule.

Diligence means commercially reasonable efforts to [**], consistent with accepted business practices and legal requirements, and comparable to efforts in the gene-therapy industry applicable to the development of [**] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. 1. compounds at an equivalent stage of development and similar market potential. With regard to the assessment of such market potential, the Parties agree to take into account efficacy, safety, approved labeling, the competitiveness of alternative compounds in the marketplace, the patent and other proprietary position of the compounds, the likelihood of regulatory approval given the regulatory structure involved, the profitability of the compound alternative and other relevant factors.