Common use of Formation and Purpose Clause in Contracts

Formation and Purpose. The Parties agree to establish and convene a joint steering committee (the “JSC”) within [**] after the Effective Date. The JSC shall consist of representatives from each Party as further described in Section 2.1(d) and operate in accordance with this Section 2.1. The purpose of the JSC shall be to provide a forum for the overall coordination, communication and oversight of the Parties’ activities under this Agreement, including the resolution of disputes properly referred to the JSC under this Agreement. The JSC shall be dissolved upon the expiration of the Research Term, unless otherwise agreed in writing by the Parties.

Appears in 3 contracts

Samples: License and Collaboration Agreement (Pandion Therapeutics Holdco LLC), License and Collaboration Agreement (Pandion Therapeutics Holdco LLC), License and Collaboration Agreement (Pandion Therapeutics Holdco LLC)

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Formation and Purpose. The Parties agree to establish and convene a joint steering committee (the “JSC”) within [**] after the Effective Date. The JSC shall consist of representatives from each Party as further described in Section 2.1(d2.6(a) and operate in accordance with this Section 2.12.1 and Section 2.6. The purpose of the JSC shall be to provide a forum for the overall coordination, coordination and communication and oversight of with respect to the Parties’ activities under this Agreement, including the resolution of disputes Deadlocked Committee Matters properly referred to the JSC under this Agreement. The JSC shall be dissolved upon the expiration of the Research Term, unless otherwise agreed in writing by the Parties.

Appears in 2 contracts

Samples: Global Collaboration and License Agreement (Macrogenics Inc), Global Collaboration and License Agreement (Incyte Corp)

Formation and Purpose. The Parties agree to establish and convene shall form a joint steering committee Joint Steering Committee (the “Joint Steering Committee” or “JSC”) within ), which shall meet [***] after (unless both Parties agree otherwise), to monitor and review the Effective Dateimplementation of, and results achieved under, the Development Program. The JSC shall consist also facilitate the flow of representatives from each Party information between the Parties with respect to Development activities being conducted for the Compound or the Product. Except as further described provided in Section 2.1(d) and operate in accordance with this Section 2.1. The purpose of 7.1, the JSC shall be to provide a forum for have the overall coordination, communication membership and oversight of the Parties’ activities under this Agreement, including the resolution of disputes properly referred to the JSC under this Agreement. The JSC shall be dissolved upon the expiration of the Research Term, unless otherwise agreed in writing operate by the Partiesprocedures set forth in Section 7.2.

Appears in 1 contract

Samples: Supply Agreement (Nymox Pharmaceutical Corp)

Formation and Purpose. The Parties agree to establish and convene a joint steering committee (the “JSC”) within [***] after the Effective Date. The JSC shall consist of representatives from each Party as further described in Section 2.1(d) and operate in accordance with this Section 2.1. The purpose of the JSC shall be to provide a forum for the overall coordination, communication and oversight of the Parties’ activities under this Agreement, including the resolution of disputes properly referred to the JSC under this Agreement. The JSC shall be dissolved upon the expiration of the Research Term, unless otherwise agreed in writing by the Parties.

Appears in 1 contract

Samples: Collaboration and License Agreement (Macrogenics Inc)

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Formation and Purpose. The Parties agree to establish and convene a joint steering committee Joint Steering Committee (the “JSC”) within [**] for the overall coordination and oversight of the Parties’ activities under this Agreement, promptly after the Effective Date. The JSC shall consist of representatives from each Party as further described in Section 2.1(d) and operate by the procedures in accordance with this Section 2.12.4. The purpose Except as otherwise provided herein, the role of the JSC shall be to provide a forum for the overall coordination, communication and oversight of the Parties’ activities under this Agreement, including the resolution of disputes properly referred to the JSC under this Agreement. The JSC shall be dissolved upon the expiration of the Research Term, unless otherwise agreed in writing by the Parties.to:

Appears in 1 contract

Samples: Collaboration and Exclusive License Agreement (Novavax Inc)

Formation and Purpose. The Parties agree to establish and convene a joint steering committee (the "JSC") within [***] after the Effective Date. The JSC shall consist of representatives from each Party as further described in Section 2.1(d) and operate in accordance with this Section 2.1. The purpose of the JSC shall be to provide a forum for the overall coordination, communication and oversight of the Parties' activities under this Agreement, including the resolution of disputes properly referred to the JSC under this Agreement. The JSC shall be dissolved upon the expiration of the Research Term, unless otherwise agreed in writing by the Parties.

Appears in 1 contract

Samples: Collaboration and License Agreement (Macrogenics Inc)

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