Common use of Development Period Clause in Contracts

Development Period. (i) During the Phase 1 Development Period, ISU shall be responsible, at ISU’s cost and expense, for all aspects of the Manufacture of Products for use in Clinical Development during the Phase 1 Development Period and shall use Commercially Reasonable Efforts to conduct Manufacturing Development of the Product in accordance with the Development Plan. ISU shall bear any and all costs and expenses of Manufacturing Development of the Product during the Phase 1 Development Period, including, without limitation, costs for the initial engineering, process development, scale-up, validation, testing and establishment of commercial Manufacturing processes for candidate Products.

Development Period. (i) During the Phase 1 Development Period, ISU shall be responsible, at ISU’s cost and expense, responsible for all aspects of the Manufacture of Products for use in Clinical Development during the Phase 1 Development Period and shall use Commercially Reasonable Efforts to (1) conduct Manufacturing Clinical Development of the Product in accordance with the Development Plan; and (2) the preparation and submission of Regulatory Materials for the Product in the Territory. ISU shall bear any and all costs and expenses of Manufacturing Clinical Development of the Product during the Phase 1 Development Period, including, without limitation, any and all costs and expenses incurred by the Parties to develop and support Regulatory Materials for the initial engineering, process development, scale-up, validation, testing and establishment of commercial Manufacturing processes for candidate ProductsProduct.