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
Samples: License and Collaboration Agreement (AC Immune SA), License and Collaboration Agreement (AC Immune SA), License and Collaboration Agreement (AC Immune SA)
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
Samples: Collaboration and License Agreement (Acelrx Pharmaceuticals Inc), Collaboration and License Agreement (Acelrx Pharmaceuticals Inc)
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
Samples: 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 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 2 contracts
Samples: Collaboration and License Agreement (Facet Biotech Corp), Collaboration and License Agreement (Trubion 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 unanimous agreement on an issue that comes before the JSC within 15 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 2.32.5.
Appears in 2 contracts
Samples: License Agreement (TradeUP Acquisition Corp.), License Agreement (TradeUP Acquisition 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. *Confidential Treatment Requested.
Appears in 1 contract
Samples: 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 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
Samples: Collaboration and License Agreement (BridgeBio Pharma LLC)
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
Samples: Collaboration and License Agreement (aTYR PHARMA 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
Samples: Collaboration and License Agreement (Apollomics Inc.)
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
Samples: Exclusive License and Collaboration Agreement (Cidara Therapeutics, Inc.)
Decision Making. The All decisions of the JSC shall act be made by consensus. The unanimous vote, with each Party’s representatives from each Party will have, collectively, having one (1) vote on behalf of that Partyvote. If after reasonable discussion and good faith consideration of each Party’s view on a particular matter before the JSC, the JSC cannot reach consensus on an issue that comes before a decision as to such matter within [***] after such matter was brought to the JSC and over which the JSC has oversightfor resolution, then such matter shall be resolved in accordance with Section 2.3.referred to the [***] for resolution. If the [***] cannot resolve such matter within [***] after such matter has been referred to them, then:
Appears in 1 contract
Samples: Certain (Vir Biotechnology, 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. 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
Samples: Exclusive License Agreement (Skye Bioscience, Inc.)
Decision Making. The JSC shall act will operate by consensus. The representatives from each Party will have, collectively, have collectively one (1) vote on behalf of that Party. If the members of the JSC cannot reach consensus on an issue any matter that comes before the JSC and over which the JSC has oversightJSC, then such matter shall be resolved in accordance with Section 2.3.then:
Appears in 1 contract
