Common use of General Conduct of Development Clause in Contracts

General Conduct of Development. The parties shall conduct their respective obligations under the WNV Development Program in compliance in all material respects with all requirements of applicable laws and regulations and all applicable good laboratory, clinical and manufacturing practices. In addition, the parties each shall proceed diligently with their respective obligations under the WNV Development Program and shall use their respective Commercially Reasonable Efforts to achieve the objectives of the WNV Development Program efficiently and expeditiously. The parties each shall allocate such personnel, equipment, facilities and other resources to the WNV Development Program to carry out their respective obligations and to accomplish the objectives thereof, all as is more particularly described in the WNV Development Program, as amended from time to time during the term of this West Nile Virus Addendum (in accordance with the provisions of Section 3). Each party shall have the right to consult with the other party regarding the WNV Development Program and the obligation to reasonably consider the other party's advice.

Appears in 2 contracts

Sources: Future Blood Screening Assay—west Nile Virus Addendum (Chiron Corp), Future Blood Screening Assay West Nile Virus Addendum (Gen Probe Inc)