Dissolution of the JDC Sample Clauses

Dissolution of the JDC. The JDC shall be automatically disbanded within thirty (30) days of the latter of completion of the last milestone or delivery of the last deliverable under the Device Development Plan.
AutoNDA by SimpleDocs
Dissolution of the JDC. The JDC shall continue to exist until the date [***], or such other end date as may be mutually agreed upon by the Parties in writing. From and after such date, the JDC shall be dissolved and shall have no further obligations under this Agreement, and Gilead shall directly handle any matters formerly delegated to the JDC (subject to Section 2.2).
Dissolution of the JDC. 18 ARTICLE 3 PRODUCT, PROJECT COMPOUND DEVELOPMENT..................................... 18 3.1 Development of Project Compounds and/or Products...................... 18 3.2 Regulatory Filings.................................................... 18
Dissolution of the JDC. Except as the Parties may otherwise agree in writing, once the Project Term has expired/terminated, the JDC shall dissolve.
Dissolution of the JDC. The JDC and any subcommittees will exist until such time as CCP decides to dissolve the JDC; provided, that the JDC and any subcommittee may not be dissolved until the Commercial Launch in the Territory, and provided further, that upon such dissolution, CCP will establish a replacement governance structure that is materially consistent with the governance structure provided under this Article 3 that will provide Fibrocell with substantially the same representation, consultation and other rights with respect to the matters that were otherwise subject to the monitoring and oversight of the JDC. Each subcommittee will exist until such time as the JDC decides to dissolve such subcommittee. In the event that any subcommittee is dissolved, the JDC will take on all of the responsibilities of such subcommittee. 4.

Related to Dissolution of the JDC

  • Dissolution of the Partnership The Partnership shall be dissolved upon the happening of any of the following:

  • Dissolution The Company shall dissolve, and its affairs shall be wound up, upon the first to occur of the following: (a) the written consent of the Member or (b) the entry of a decree of judicial dissolution under Section 18-802 of the Act.

  • Dissolution and Winding Up The Company shall dissolve and its business and affairs shall be wound up pursuant to a written instrument executed by the Member. In such event, after satisfying creditors, all remaining assets shall be distributed to the Member.

  • Dissolution of the Company The Company shall be dissolved upon the happening of any of the following events, whichever shall first occur:

  • Dissolution, etc Wind up, liquidate or dissolve (voluntarily or involuntarily) or commence or suffer any proceedings seeking any such winding up, liquidation or dissolution, except in connection with a merger or consolidation permitted pursuant to Section 10.8.

  • Dissolution Winding Up (a) The Company shall be dissolved upon (i) the adoption of a plan of dissolution by the members or (ii) the occurrence of any event required to cause the dissolution of the Company under the Delaware Limited Liability Company Act.

  • Dissolution Winding Up Termination 27 8.1 Dissolution.......................................................................27 8.2

  • Dissolution Winding Up and Termination (a) On the occurrence of a Dissolution Event, the Board shall act as liquidator. The liquidator shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of winding up shall be borne as a Company expense. Until final distribution, the liquidator shall continue to operate the Company properties with all of the power and authority of the Members. The steps to be accomplished by the liquidator are as follows:

  • Dissolution Liquidation and Winding Up In the event of any voluntary or involuntary dissolution, liquidation or winding up of the affairs of the Corporation (hereinafter referred to as a "Liquidation"), the holders of Participating Preferred Stock shall be entitled to receive the greater of (a) $10.00 per share, plus an amount equal to accrued and unpaid dividends and distributions thereon, whether or not declared, to the date of such payment and (b) the aggregate amount per share equal to 1,000 times the aggregate amount to be distributed per share to holders of Common Stock (the "Participating Preferred Liquidation Preference"). In the event the Corporation shall at any time after the First Issuance declare or pay any dividend on the Common Stock payable in shares of Common Stock, or effect a subdivision or combination or consolidation of the outstanding shares of Common Stock (by reclassification or otherwise than by payment of a dividend in shares of Common Stock) into a greater or lesser number of shares of Common Stock, then in each such case the aggregate amount to which holders of shares of Participating Preferred Stock were entitled immediately prior to such event under the preceding sentence shall be adjusted by multiplying such amount by a fraction the numerator of which is the number of shares of Common Stock outstanding immediately after such event and the denominator of which is the number of shares of Common Stock that were outstanding immediately prior to such event.

  • Dissolution and Winding Up of the Company 9.1Dissolution. The Company shall be dissolved on the happening of any of the following events:

Time is Money Join Law Insider Premium to draft better contracts faster.