Common use of Development Efforts Clause in Contracts

Development Efforts. In the Shared Territory, each Party shall use Commercially Reasonable Efforts to Develop the Jointly Funded Product/Indications in accordance with the Development Plan and the terms of this Agreement. In the Royalty Territory, Roche shall use Commercially Reasonable Efforts to Develop at least one Licensed Product in accordance with the terms of this Agreement.

Appears in 3 contracts

Sources: License Agreement, License, Development, and Commercialization Agreement (Prothena Corp PLC), License, Development, and Commercialization Agreement (Prothena Corp PLC)