Common use of MEMBERSHIP PERIOD Clause in Contracts

MEMBERSHIP PERIOD. In view of the strict deadline set for Applications, Membership shall be open until 31 October 2015. After such date, companies that wish to apply for Authorisation of the Substance(s) and/or to acquire access to the Dossier may obtain access rights to the Dossier via a Letter of Access granted pursuant to Article 19 to this Agreement. Similarly, in order to guarantee sufficient stability to the Consortium and its financing, limitations are set out in Article 5.6 below concerning the time period allowed for Members to withdraw from the Membership. However, the Steering Committee may decide by a Qualified Majority to re-open the Membership of the Consortium at any time, provided that it would then inform all companies that have declared an interest in joining the Consortium after the initial closing date and that it would adequately advertise this opening for a minimum of one month before closing again the Membership of the Consortium.

Appears in 4 contracts

Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement

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