Common use of Discontinuation of the JSC Clause in Contracts

Discontinuation of the JSC. The activities to be performed by the JSC shall solely relate to governance under this Agreement, and are not intended to be or involve the delivery of services. The JSC shall continue to exist until the first to occur of the following: (a) the Parties mutually agree to disband the JSC; or (b) Rigel provides written notice to Grifols of its intention to disband and no longer participate in the JSC, provided that Rigel shall not give such notice within the first [ * ] following the Effective Date. Once the Parties mutually agree or Rigel has provided written notice to disband the JSC, the JSC shall have no further obligations under this Agreement and, thereafter, each Party shall designate a contact person for the exchange of information under this Agreement that would have otherwise been exchanged through the JSC or such exchange of information shall be made through Alliance Managers, and decisions formerly made by the JSC shall be decisions as between the Parties, subject to the other terms and conditions of this Agreement.

Appears in 1 contract

Samples: License Agreement (Rigel Pharmaceuticals Inc)

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Discontinuation of the JSC. The activities to be performed by the JSC shall solely relate to governance under this Agreement, and are not intended to be or involve the delivery of services. The JSC shall continue to exist until the first to occur of the following: (a) the Parties mutually agree to disband the JSC; , or (b) Rigel Aquinox provides written notice to Grifols Astellas of its intention to disband and no longer participate in the JSC, provided that Rigel shall not give such notice within the first [ * ] following the Effective Date. Once the Parties mutually agree or Rigel Aquinox has provided written notice to disband the JSC, the JSC shall have no further obligations under this Agreement and, thereafter, each Party shall designate a contact person for the exchange of information under this Agreement that would have otherwise been exchanged through the JSC or such exchange of information shall be made through the Alliance Managers, and decisions formerly made by of the JSC shall be decisions as between the Parties, subject to the other terms and conditions of this Agreement. In the event the JSC is disbanded as provided above, any decisions that are designated under this Agreement as being subject to the review or approval of the JSC shall be subject to the review and approval of the Parties directly.

Appears in 1 contract

Samples: Exclusive License and Collaboration Agreement (Aquinox Pharmaceuticals, Inc)

Discontinuation of the JSC. The activities to be performed by the JSC shall solely relate to governance under this Agreement, and are not intended to be or involve the delivery of services. The Subject to the provisions of Section 14.3.6, the JSC shall continue to exist until the first to occur of the following: (a) date when the Parties mutually agree to disband the JSC; or (b) Rigel provides written notice to Grifols of its intention to disband and no longer participate in the JSC, provided that Rigel shall not give such notice within the first [ * ] following the Effective Date. Once the Parties mutually agree or Rigel has provided written notice to disband the JSC, the JSC shall have no further obligations under this Agreement andAgreement; provided, thereafterhowever, that the Parties may re-establish the new JSC after the disbandment of the former one if agreed by the Parties. After the disbandment of the JSC, each Party shall designate a contact person for the exchange of information under this Agreement that would have otherwise been exchanged through the JSC or such exchange of information shall be made through Alliance Managersthe Liaison, and decisions formerly made by of the JSC shall be decisions as between the Parties, subject to the other terms and conditions of this Agreement. In the event the JSC is disbanded as provided above, any decisions that are designated under this Agreement as being subject to the review, discussion or decision-making of the JSC shall be subject to the review, discussion or decision-making of the Parties directly.

Appears in 1 contract

Samples: License Agreement (ADC Therapeutics SA)

Discontinuation of the JSC. The activities to be performed by the JSC shall solely relate to governance under this Agreement, and are not intended to be or involve the delivery of services. The JSC shall continue to exist until the first to occur of the following: (a) the Parties mutually agree to disband the JSC; or (b) Rigel provides written notice to Grifols Kissei of its intention to disband and no longer participate in the JSC, provided that Rigel shall not give such notice within the first [ * ] following the Effective Date. Once the Parties mutually agree or Rigel has provided written notice to disband the JSC, the JSC shall have no further obligations under this Agreement and, thereafter, each Party shall designate a contact person for the exchange of information under this Agreement that would have otherwise been exchanged through the JSC or such exchange of information shall be made through Alliance Managers, and decisions formerly made by assigned the JSC shall thereafter be decisions as made between the Parties, subject to the other terms and conditions of this Agreement.

Appears in 1 contract

Samples: Collaboration and License Agreement (Rigel Pharmaceuticals Inc)

Discontinuation of the JSC. The activities to be performed by the JSC shall solely relate to governance under this Agreement, and are not intended to be or involve the delivery of services. The Subject to the provisions of Section 15.3.5 (JSC Coordination; Cooperation), the JSC shall continue to exist until the first to occur of the following: (a) date when the Parties mutually agree to disband the JSC; or (b) Rigel provides written notice to Grifols of its intention to disband and no longer participate in the JSC, provided that Rigel shall not give such notice within the first [ * ] following the Effective Date. Once the Parties mutually agree or Rigel has provided written notice to disband the JSC, the JSC shall have no further obligations under this Agreement andAgreement; provided, thereafterhowever, that the Parties may re-establish a new JSC after the disbandment of the former one if agreed by the Parties. After the disbandment of the JSC, each Party shall designate a contact person for the exchange of information under this Agreement that would have otherwise been exchanged through the JSC or such exchange of information shall be made through the Alliance Managers, and decisions formerly made by of the JSC shall be decisions as between the Parties, subject to the other terms and conditions of this Agreement. In the event the JSC is disbanded as provided above, any decisions that are designated under this Agreement as being subject to the review, discussion or decision-making of the JSC shall be subject to the review, discussion or decision-making of the Parties directly.

Appears in 1 contract

Samples: License Agreement (ADC Therapeutics SA)

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Discontinuation of the JSC. The activities to be performed by the JSC and JOC shall solely relate to governance under this Agreement, and are not intended to be or involve the delivery of services. The JSC Each joint committee shall continue to exist until the first to occur of the followingof: (a) the Parties mutually agree to disband the JSCsuch committee; or (b) Rigel Kite provides written notice to Grifols DS of its intention to disband and no longer participate in the JSC, provided that Rigel shall not give such notice within the first [ * ] following the Effective Datecommittee. Once the Parties mutually agree or Rigel Kite has provided written notice to disband the JSCa committee, the JSC such committee shall have no further obligations under this Agreement and, thereafter, each Party shall designate a contact person for the exchange of information under this Agreement that would have otherwise been exchanged through the JSC or such exchange of information shall be made through the Alliance Managers. In the event a committee is disbanded as provided above, and any decisions formerly made by that are designated under this Agreement as being subject to the JSC review or approval of such committee shall be decisions as between subject to the Partiesreview and approval of the Parties directly, subject to the other terms and conditions of this Agreement.

Appears in 1 contract

Samples: Collaboration and License Agreement (Kite Pharma, Inc.)

Discontinuation of the JSC. The activities to be performed by the JSC shall solely relate to governance under this Agreement, and are not intended to be or involve the delivery of services. The JSC shall continue to exist until the first to occur of the followingof: (a) the Parties mutually agree to disband the JSC; or (b) Rigel Versartis provides written notice to Grifols Teijin of its intention to disband and no longer participate in the JSC, provided that Rigel shall not give such notice within the first [ * ] following the Effective Date. Once the Parties mutually agree or Rigel Versartis has provided written notice to disband the JSC, the JSC shall have no further obligations under this Agreement and, thereafter, each Party shall designate a contact person for the exchange of information under this Agreement that would have otherwise been exchanged through the JSC or such exchange of information shall be made through the Alliance Managers, and decisions formerly made by of the JSC shall be decisions as between the Parties, subject to the other terms and conditions of this Agreement. In the event the JSC is disbanded as provided above, any decisions that are designated under this Agreement as being subject to the review or approval of the JSC shall be subject to the review and approval of the Parties directly.

Appears in 1 contract

Samples: Exclusive License and Supply Agreement (Versartis, Inc.)

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