Common use of Decision Making Clause in Contracts

Decision Making. (a) All decisions of the JSC shall be made by unanimous vote, with each Party’s representatives collectively having one (1) vote. If after reasonable discussion and good faith consideration of each Party’s view on a particular matter, the representatives of the Parties cannot reach an agreement as to such matter within fifteen (15) business days after such matter was brought to the JSC for resolution, then either Party at any time may refer such issue to the Executive Officers for resolution.

Appears in 2 contracts

Samples: License and Collaboration Agreement, License and Collaboration Agreement (Gemphire Therapeutics Inc.)

AutoNDA by SimpleDocs

Decision Making. (a) All decisions Decisions of the JSC shall be made by unanimous vote, with each Party’s Party having a single vote irrespective of the number of representatives collectively having one (1) voteactually in attendance at a meeting. Decisions will be included in the written minutes of a meeting, with such written minutes approved by all persons present at such a meeting of the JSC. If after reasonable discussion and good faith consideration of each Party’s view on a particular matter, the representatives of the Parties cannot are unable to reach an agreement as to such resolution within [*] ([*]) days following the date the matter within fifteen (15) business days after such matter was in dispute is first brought to the JSC for resolutionattention of the JSC, then either Party at any time may refer such issue to the Executive Officers for resolutionthat matter shall be resolved in accordance with Section 10.2.

Appears in 2 contracts

Samples: Collaboration and License Agreement (Cytokinetics Inc), Collaboration and License Agreement (Cytokinetics Inc)

Decision Making. (a) All decisions Decisions of the JSC JSC, as well as the decisions or recommendations of the Working Group, shall be made by unanimous vote, with each Party’s representatives collectively having at least one (1) representative from each Party participating in any vote. If after reasonable discussion and good faith consideration of each Party’s view on In the event that the Working Group or the JSC fails to reach unanimous agreement with respect to a particular mattermatter within its authority, the representatives of the Parties cannot reach an agreement as to then such matter within fifteen (15) business days after such matter was brought to shall be resolved under the JSC for resolution, then either Party at any time may refer such issue to the Executive Officers for resolutionprocedures set forth in Section 17.1.

Appears in 2 contracts

Samples: Development and Commercialization Agreement (La Jolla Pharmaceutical Co), Development and Commercialization Agreement (Biomarin Pharmaceutical Inc)

Decision Making. (a) All decisions of the JSC shall be made by unanimous voteThe representatives from each Party will have, with each Party’s representatives collectively having collectively, one (1) votevote on behalf of that Party. If after reasonable discussion and good faith consideration of each Party’s view on a particular matter, the representatives of the Parties JSC cannot reach unanimous agreement on an agreement as to such matter within fifteen (15) business days after such matter was brought to issue that comes before the JSC for resolutionwithin 15 days of the meeting where such issue was raised and over which the JSC has oversight, then either Party at any time may the Parties will refer such issue to the Executive Officers for resolutionresolution in accordance with Section 2.5.

Appears in 2 contracts

Samples: License Agreement (TradeUP Acquisition Corp.), License Agreement (TradeUP Acquisition Corp.)

Decision Making. (a) All decisions of the JSC shall will be made by unanimous vote, with each Party’s representatives collectively having one (1) vote. If after reasonable discussion and good faith consideration No vote of the JSC may be taken unless at least one of each Party’s view representatives is present for the vote. Each Party will be responsible for ensuring that, at all times, its representatives on a particular matter, the representatives of the Parties cannot reach an agreement as to such matter within fifteen (15) business days after such matter was brought to the JSC for resolution, then either Party at any time may refer such issue to the Executive Officers for resolutionact reasonably and in good faith in carrying out their respective responsibilities hereunder.

Appears in 1 contract

Samples: Collaboration and License Agreement (Relief Therapeutics Holding SA)

Decision Making. (a) All decisions of the JSC shall be made by unanimous vote, with each Party’s representatives collectively having one (1) vote. If after reasonable discussion and good faith consideration of each Party’s view on a particular mattermatter before the JSC, the representatives of the Parties JSC cannot reach an agreement a decision as to such matter within fifteen (15) business days [***] after such matter was brought to the JSC for resolution, then either Party at any time may refer such issue matter shall be referred to the Executive Officers [***] 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. (a) All decisions Decisions of the JSC shall be made by unanimous vote, with each Party’s Party having a single vote irrespective of the number of representatives collectively having one (1) voteactually in attendance at a meeting. Decisions will be included in the written minutes of a meeting, with such written minutes approved by all persons present at such a meeting of the JSC. If after reasonable discussion and good faith consideration of each Party’s view on a particular matter, the representatives of the Parties cannot are unable to reach an agreement as to such resolution within [*] days following the date the matter within fifteen (15) business days after such matter was in dispute is first brought to the JSC for resolutionattention of the JSC, then either Party at any time may refer such issue to the Executive Officers for resolutionthat matter shall be resolved in accordance with Section 10.2.

Appears in 1 contract

Samples: Collaboration and License Agreement (Cytokinetics Inc)

Decision Making. (a) All decisions of the JSC shall be made by unanimous vote, with each Party’s representatives collectively having one (1) vote. If after reasonable discussion and good faith consideration of each Party’s view on a particular mattermatter subject to the decision of the JSC, the representatives of the Parties cannot reach an agreement as to such matter within fifteen (15) [***] business days after such matter was brought to the JSC for resolution, then either Party at any time may refer such issue to the Executive Officers for resolution.

Appears in 1 contract

Samples: Exclusive Collaboration and License Agreement (Sunesis Pharmaceuticals Inc)

AutoNDA by SimpleDocs

Decision Making. (a) All JSC decisions of the JSC shall be made by unanimous vote, with each Party’s representatives collectively having one (1) vote. If after reasonable discussion and good faith consideration of each Party’s view on a particular matter, the representatives of the Parties cannot reach an agreement as to such matter within fifteen (15) business days after such matter was brought to the JSC for resolution[***], then either Party at any time may refer such issue to the Executive Officers for resolution.

Appears in 1 contract

Samples: Collaboration and License Agreement (Adagene Inc.)

Decision Making. (a) All decisions of the JSC shall be made by unanimous vote, with each Party’s representatives collectively having one (1) vote. If after reasonable discussion and good faith consideration of each Party’s view on a particular matter, the representatives of the Parties cannot reach an agreement as to such matter within fifteen (15) business days [*] after such matter was brought to the JSC for resolution, then either Party at any time may refer such issue to the Executive Officers for resolution.

Appears in 1 contract

Samples: Collaboration and License Agreement (Rigel Pharmaceuticals Inc)

Decision Making. The representatives from each Party will have, collectively, one (a1) All decisions vote on behalf of that Party. Approvals of the JSC shall be made by require the unanimous vote, with each Party’s representatives collectively having one (1) voteagreement of the representatives. If after reasonable discussion and good faith consideration of each Party’s view on a particular matter, the representatives of the Parties JSC cannot reach unanimous agreement on an agreement as to such matter within fifteen (15) business days after such matter was brought to issue that comes before the JSC for resolutionwithin [***] ([***]) days of the meeting where such issue was raised and over which the JSC has oversight, then either Party at any time may the Parties will refer such issue to the Executive Officers for resolutionresolution in accordance with Section 2.3.

Appears in 1 contract

Samples: Option and Collaboration Agreement (Social Capital Suvretta Holdings Corp. I)

Decision Making. (a) All decisions of the JSC shall be made by unanimous vote, with each Party’s representatives collectively having one (1) vote. If after reasonable discussion and good faith consideration of each Party’s view on a particular matter, the representatives of the Parties cannot reach an agreement as to such matter within fifteen (15) business days [ * ] after such matter was brought to the JSC for resolution, then either Party at any time may refer such issue to the Executive Officers for resolution.following Senior Managers of each Party: · For Rigel: [ * ] · For Grifols: [ * ]

Appears in 1 contract

Samples: License Agreement (Rigel Pharmaceuticals Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!