Decision Making. The JSC shall act by consensus. The representatives from each Party will have, collectively, one (1) vote on behalf of that Party. If the JSC cannot reach consensus on an issue that comes before the JSC and over which the JSC has oversight, then such matter shall be resolved in accordance with Section 2.3.
Appears in 3 contracts
Sources: License and Collaboration Agreement (AC Immune SA), License and Collaboration Agreement (AC Immune SA), License and Collaboration Agreement (AC Immune SA)
Decision Making. Decisions of the JSC shall be made by unanimous vote, with each Party’s representatives on the JSC collectively having one vote. No vote of the JSC may be taken unless at least one of each Party’s representatives is present and participating in such vote. The JSC’s decision-making authority shall be limited to those matters expressly delegated to it in this Agreement. The JSC shall act by consensus. The representatives from each Party will have, collectively, one (1) vote on behalf use reasonable efforts to resolve any disputes or disagreements concerning the matters within the scope of that Party. If the JSC cannot reach consensus on an issue that comes before the JSC and over which the JSC has oversight, then such matter shall be resolved in accordance with Section 2.3its authority.
Appears in 3 contracts
Sources: Exclusive License and Supply Agreement (Correvio Pharma Corp.), Exclusive License and Supply Agreement (SteadyMed Ltd.), Exclusive License and Supply Agreement (Cardiome Pharma Corp)
Decision Making. The JSC shall act by consensus. The representatives from each Party will have, collectively, one (1) vote on behalf of that Party. If the JSC cannot reach consensus on an issue that comes before the JSC and over which the JSC has oversight, then such matter shall be resolved in accordance with Section 2.32.7.
Appears in 3 contracts
Sources: Collaboration and License Agreement (Facet Biotech Corp), Collaboration and License Agreement (Trubion Pharmaceuticals, Inc), Collaboration and License Agreement (Trubion Pharmaceuticals, Inc)
Decision Making. The JSC shall act by consensus. The representatives from each Party on the JSC will have, collectively, one (1) vote on behalf of that Party, and all decision making will be by consensus. If Disputes at the JSC cannot reach consensus on an issue that comes before the JSC and over which the JSC has oversight, then such matter shall will be resolved handled in accordance with Section 2.33.3.
Appears in 2 contracts
Sources: Collaboration and License Agreement (Anchiano Therapeutics Ltd.), Collaboration and License Agreement (Anchiano Therapeutics Ltd.)
Decision Making. The Subject to Section 3.1(d), the JSC shall act by consensus. The representatives from each Party will have, collectively, one (1) vote on behalf of that Party. If the JSC cannot reach consensus on an issue that comes before the JSC and over which the JSC has oversight, then such matter the dispute resolution provisions as provided under Article 15 shall be resolved in accordance with Section 2.3apply.
Appears in 2 contracts
Sources: Collaboration and License Agreement (Acelrx Pharmaceuticals Inc), Collaboration and License Agreement (Acelrx Pharmaceuticals Inc)
Decision Making. The JSC shall act endeavor to reach decisions by consensus, with each Party, through its representative members of the JSC, having one vote. The representatives from each Party Approvals of the JSC will have, collectively, one (1) vote on behalf require the unanimous agreement of that Partythe representatives. If the JSC cannot reach consensus unanimous agreement on an issue that comes before the JSC within [***] Business Days after the meeting at which such issue was raised and over which the JSC has oversight, then the Parties will refer such matter shall be resolved issue for resolution in accordance with Section 2.37.5 (Resolution of Committee Disputes).
Appears in 2 contracts
Sources: Exclusive License and Collaboration Agreement (Arrowhead Pharmaceuticals, Inc.), Exclusive License and Collaboration Agreement (Sarepta Therapeutics, Inc.)
Decision Making. The JSC shall act by consensus. The representatives from each Party will on the JSC shall have, collectively, one (1) vote on behalf of that Party, and, subject to Section 3.7(c)(vii), all decisions shall be made by consensus. If Disputes at the JSC cannot reach consensus on an issue that comes before the JSC and over which the JSC has oversight, then such matter shall be resolved handled in accordance with Section 2.31.5.
Appears in 2 contracts
Sources: Option, License and Collaboration Agreement (Gilead Sciences Inc), Option, License and Collaboration Agreement (Galapagos Nv)
Decision Making. The JSC shall act will endeavor to reach decisions by consensus. The representatives from , with each Party will haveParty, collectivelythrough its representative members of the JSC, having one (1) vote on behalf vote. Approvals of that Partythe JSC will require the unanimous agreement of the representatives. If the JSC cannot reach consensus unanimous agreement on an issue that comes before the JSC within [**] of the meeting at which such issue was raised and over which the JSC has oversight, then the Parties will refer such matter shall be resolved issue for resolution in accordance with Section 2.32.5 (Resolution of Committee Disputes).
Appears in 2 contracts
Sources: Collaboration and License Agreement (Sage Therapeutics, Inc.), Collaboration and License Agreement (Sage Therapeutics, Inc.)
Decision Making. The JSC shall act by consensus. The representatives from each Party will have, collectively, one (1) vote on behalf of that Party. If the JSC cannot reach consensus unanimous agreement on an issue that comes before the JSC within [***] Business Days of the meeting where such issue was raised and over which the JSC has oversight, then the Parties will refer such matter shall be resolved issue for resolution in accordance with Section 2.3.
Appears in 1 contract
Sources: Collaboration and License Agreement (aTYR PHARMA INC)
Decision Making. The JSC shall act by consensus. The representatives from each Party will on the JSC shall have, collectively, one (1) vote on behalf of that Party, and, subject to Section 4.7(c)(vi), all decisions shall be made by consensus. If Disputes at the JSC cannot reach consensus on an issue that comes before the JSC and over which the JSC has oversight, then such matter shall be resolved handled in accordance with Section 2.32.5.
Appears in 1 contract
Sources: Option, License and Collaboration Agreement (Arcus Biosciences, Inc.)
Decision Making. The JSC shall act each operate by consensus. The With respect to decisions of the JSC, the representatives from of each Party will have, collectively, shall have collectively one (1) vote on behalf of that such Party. If Should the members of the JSC cannot reach consensus on an issue that comes before maintain a disagreement with respect to a matter initially arising within the JSC and over which the JSC has oversightJSC, then such matter shall be resolved in accordance with Section 2.3as follow.
Appears in 1 contract
Sources: Collaboration and License Agreement (Apollomics Inc.)
Decision Making. The JSC shall act by consensus. The representatives from each Party will on the JSC shall have, collectively, one (1) vote on behalf of that Party, and all decisions shall be made by consensus. If Disputes at the JSC cannot reach consensus on an issue that comes before the JSC and over which the JSC has oversight, then such matter shall be resolved handled in accordance with Section 2.32.4(b).
Appears in 1 contract
Sources: Option, License and Collaboration Agreement (Assembly Biosciences, Inc.)
Decision Making. The JSC shall act endeavor to reach decisions by consensus, with each Party, through its representative members of the JSC, having one vote. The representatives from each Party Approvals of the JSC will have, collectively, one (1) vote on behalf require the unanimous agreement of that Partythe representatives. If the JSC cannot reach consensus unanimous agreement on an issue that comes before the JSC within [***] after the meeting at which such issue was raised and over which the JSC has oversight, then the Parties will refer such matter shall be resolved issue for resolution in accordance with Section 2.37.4 (Resolution of Committee Disputes).
Appears in 1 contract
Sources: Exclusive License and Collaboration Agreement (Arrowhead Pharmaceuticals, Inc.)
Decision Making. The JSC shall act by consensus. The representatives from each Party will have, collectively, one (1) vote on behalf of that Party. If the JSC cannot reach consensus on an issue that comes before the JSC and over which the JSC has oversight, then such matter shall be resolved in accordance with Section 2.32.7. [ * ] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended.
Appears in 1 contract
Sources: Collaboration and License Agreement (Facet Biotech Corp)
Decision Making. The JSC shall act by consensus. The representatives from each Party will have, collectively, one (1) vote on behalf of that Party. Approvals of the JSC shall require the unanimous agreement of the representatives. If the JSC cannot reach consensus unanimous agreement on an issue that comes before the JSC within [***] ([***]) days of the meeting where such issue was raised and over which the JSC has oversight, then the Parties will refer such matter shall be resolved issue for resolution in accordance with Section 2.3.
Appears in 1 contract
Sources: Option and Collaboration Agreement (Social Capital Suvretta Holdings Corp. I)
Decision Making. The JSC shall act by consensus. The representatives from each Party will have, collectively, one (1) vote on behalf of that Party. The JSC shall use reasonable efforts to seek consensus in its actions and decision-making process. If the JSC cannot is unable to reach consensus on an any issue that comes before the JSC and over for which the JSC has oversightit is responsible within twenty (20) days after first considering such issue, then such matter either Party shall be resolved in accordance with Section 2.3.have the right to escalate the issue to the Senior Executives of each Party for discussion and resolution by good faith negotiations during a period of ten (10)
Appears in 1 contract
Sources: Exclusive License Agreement (Skye Bioscience, Inc.)
Decision Making. The During the Option Period, decisions of the JSC shall act be made by consensus. The , with each Party’s representatives from each Party will have, collectively, one (1) vote on behalf of that Party. If the JSC cannot reach consensus on an issue that comes before collectively having one vote. No vote of the JSC and over which may be taken unless at least one of each Party’s representatives is present for the vote. Each Party shall be responsible for ensuring that, at all times, its representatives on the JSC has oversight, then such matter shall be resolved act reasonably and in accordance with Section 2.3good faith in carrying out their respective responsibilities hereunder.
Appears in 1 contract
Decision Making. The JSC shall act by consensus. The representatives from each Party on the JSC will have, collectively, one (1) vote on behalf of that Party, and all decision-making will be by consensus. If Disputes at the JSC cannot reach consensus on an issue that comes before the JSC and over which the JSC has oversight, then such matter shall will be resolved handled in accordance with Section 2.34.3.
Appears in 1 contract
Sources: Collaboration, Option and License Agreement (Exicure, Inc.)
Decision Making. The JSC shall act by consensus. The representatives from each Party on the JSC will have, collectively, one (1) vote on behalf of that Party, and all decision making will be by consensus. If the JSC cannot is unable to reach consensus on an any issue that comes before the JSC and over or matter for which the JSC has oversightit is responsible, then such matter shall it will be resolved in accordance with Section 2.3escalated to Company’s chief executive officer for decision.
Appears in 1 contract
Sources: Collaboration and License Agreement (BridgeBio Pharma LLC)
Decision Making. The Decisions within the scope of the JSC’s authority shall be made by unanimous vote, with each Party’s representatives on the JSC shall act by consensuscollectively having one vote. The presence of at least one of each Party’s JSC representatives from each Party will haveconstitutes a quorum for the conduct of business at any JSC meeting, collectively, one (1) and no vote on behalf of that Partythe JSC may be taken without a quorum present. If the JSC cannot reach consensus on an issue that comes before is unable to decide or resolve unanimously any matter within the JSC 32 scope of its authority and over which the JSC has oversightresponsibilities, then such matter shall be resolved in accordance with Section 2.33.1(f).
Appears in 1 contract
Sources: Exclusive License and Collaboration Agreement (Cidara Therapeutics, Inc.)