Common use of Diligence Requirements Clause in Contracts

Diligence Requirements. COMPANY shall use commercially reasonable diligent efforts, or shall cause its AFFILIATES to use commercially reasonable diligent efforts, to develop, either by itself or through SUBLICENSEES or CORPORATE PARTNERS, LICENSED PRODUCTS, DISCOVERED PRODUCTS or LICENSED PROCESSES and to introduce LICENSED PRODUCTS, DISCOVERED PRODUCTS or LICENSED PROCESSES into the commercial market;. Specifically, COMPANY or AFFILIATE shall use commercially reasonable efforts to fulfill the following obligations:

Appears in 2 contracts

Samples: Patent License Agreement (Enumeral Biomedical Holdings, Inc.), Patent License Agreement (Enumeral Biomedical Holdings, Inc.)

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Diligence Requirements. COMPANY shall use commercially reasonable diligent efforts, or shall cause its AFFILIATES to use commercially reasonable diligent efforts, to develop, either by itself or through SUBLICENSEES or CORPORATE PARTNERS, develop LICENSED PRODUCTS, DISCOVERED PRODUCTS or LICENSED PROCESSES and to introduce LICENSED PRODUCTS, DISCOVERED PRODUCTS or LICENSED PROCESSES into the commercial market;; thereafter, COMPANY or its AFFILIATES shall make LICENSED PRODUCTS or LICENSED PROCESSES reasonably available to the public. Specifically, COMPANY or AFFILIATE shall use commercially reasonable efforts to fulfill the following obligations:

Appears in 2 contracts

Samples: Exclusive Patent License Agreement (Sigilon Therapeutics, Inc.), Exclusive Patent License Agreement (Sigilon Therapeutics, Inc.)

Diligence Requirements. COMPANY shall will use commercially reasonable diligent efforts, or shall cause its AFFILIATES to use commercially reasonable diligent efforts, to develop, either by itself develop one or through SUBLICENSEES or CORPORATE PARTNERS, more LICENSED PRODUCTS, DISCOVERED PRODUCTS or LICENSED PROCESSES and to introduce LICENSED PRODUCTS, DISCOVERED PRODUCTS or LICENSED PROCESSES into the commercial market;; thereafter, if the LICENSED PRODUCT is approved for commercialization in a market (including without limitation receipt of any necessary pricing and reimbursement authorizations), COMPANY or its AFFILIATES shall make LICENSED PRODUCTS reasonably available to the public in such market. Specifically, COMPANY or AFFILIATE shall use commercially reasonable efforts to fulfill the following obligations:

Appears in 1 contract

Samples: Exclusive Patent License Agreement (Translate Bio, Inc.)

Diligence Requirements. COMPANY shall use commercially reasonable diligent efforts, or shall cause its AFFILIATES to use commercially reasonable diligent efforts, to develop, either by itself or through SUBLICENSEES or CORPORATE PARTNERS, develop LICENSED PRODUCTS, DISCOVERED PRODUCTS or LICENSED PROCESSES and to introduce LICENSED PRODUCTS, DISCOVERED PRODUCTS or LICENSED PROCESSES into the commercial market;; thereafter, COMPANY or its AFFILIATES shall make LICENSED PRODUCTS or LICENSED PROCESSES reasonably available to the public. Specifically, COMPANY or AFFILIATE (or SUBLICENSEE, where applicable) shall use commercially reasonable efforts to fulfill the following obligations:

Appears in 1 contract

Samples: Exclusive Patent License Agreement (Synlogic, Inc.)

Diligence Requirements. COMPANY shall use commercially reasonable diligent efforts, or shall cause its AFFILIATES and SUBLICENSEES to use commercially reasonable diligent efforts, to develop, either by itself or through SUBLICENSEES or CORPORATE PARTNERS, develop LICENSED PRODUCTS, DISCOVERED PRODUCTS or LICENSED PROCESSES and to introduce LICENSED PRODUCTS, DISCOVERED PRODUCTS or LICENSED PROCESSES into the commercial market;; thereafter, COMPANY or its AFFILIATES or SUBLICENSEES shall make LICENSED PRODUCTS or LICENSED PROCESSES reasonably available to the public. Specifically, COMPANY or AFFILIATE or SUBLICENSEE shall use commercially reasonable efforts to fulfill the following obligations:

Appears in 1 contract

Samples: License Agreement (Cerulean Pharma Inc.)

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Diligence Requirements. COMPANY shall use commercially reasonable diligent efforts, or shall cause its AFFILIATES to use commercially reasonable diligent efforts, to develop, either by itself develop one or through SUBLICENSEES or CORPORATE PARTNERS, more LICENSED PRODUCTS, DISCOVERED PRODUCTS or LICENSED PROCESSES and to introduce one or more LICENSED PRODUCTS, DISCOVERED PRODUCTS or LICENSED PROCESSES into the commercial market;. Specifically, COMPANY or AFFILIATE shall use commercially reasonable efforts to fulfill the following obligations:

Appears in 1 contract

Samples: Exclusive Patent License Agreement (Cardiomems Inc)

Diligence Requirements. COMPANY shall use commercially reasonable diligent efforts, or efforts and shall cause its AFFILIATES to use commercially reasonable diligent efforts, to develop, either by itself or through SUBLICENSEES or CORPORATE PARTNERS, develop LICENSED PRODUCTS, DISCOVERED PRODUCTS or LICENSED PROCESSES and to introduce LICENSED PRODUCTS, DISCOVERED PRODUCTS or LICENSED PROCESSES into the commercial market;; thereafter, COMPANY or its AFFILIATES shall make LICENSED PRODUCTS or LICENSED PROCESSES reasonably available to the public. Specifically, COMPANY or AFFILIATE shall use commercially reasonable efforts to fulfill the following obligations:

Appears in 1 contract

Samples: Patent License Agreement

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