Diligence. Each Party will use Commercially Reasonable Efforts to conduct the tasks assigned to it hereunder. Each Party, further, agrees to conduct such tasks as diligently as the Party conducts research and development for other projects of similar commercial potential and at similar stages of development. Neither Party will be responsible for delays due to factors beyond its reasonable control.
Appears in 7 contracts
Samples: Research Collaboration License Agreement (Emisphere Technologies Inc), Research Collaboration Option and License Agreement (Emisphere Technologies Inc), Research Collaboration License Agreement (Emisphere Technologies Inc)
Diligence. Each Party party will use Commercially Reasonable Efforts diligent efforts to conduct the --------- tasks assigned to it hereunder. Each Partyparty, further, agrees to conduct such tasks at least as diligently as the Party party conducts research and development for other projects of similar commercial potential and at similar stages of development. Neither Party party will be responsible for delays due to factors beyond its reasonable control.
Appears in 2 contracts
Samples: Collaboration and Option Agreement (Emisphere Technologies Inc), Collaboration and Option Agreement (Emisphere Technologies Inc)
Diligence. Each Party party will use Commercially Reasonable Efforts diligent efforts to conduct the tasks --------- assigned to it hereunder. Each Partyparty, further, agrees to conduct such tasks at least as diligently as the Party party conducts research and development for other projects of similar commercial potential and at similar stages of development. Neither Party party will be responsible for delays due to factors beyond its reasonable control.
Appears in 2 contracts
Samples: Lease Agreement, Collaboration and Option Agreement (Emisphere Technologies Inc)
Diligence. Each Party will use Commercially Reasonable Efforts diligent efforts to conduct the --------- tasks assigned to it hereunder. Each Party, further, agrees to conduct such tasks at least as diligently as the Party conducts research and development for other projects of similar commercial potential and at similar stages of development. Neither Party will be responsible for delays due to factors beyond its reasonable control.
Appears in 1 contract
Samples: Collaboration and Option Agreement (Emisphere Technologies Inc)