Common use of JDC Decision Regarding Additional Development Activities Clause in Contracts

JDC Decision Regarding Additional Development Activities. The JDC will approve or reject an Additional Development Proposal within [***] days after receipt thereof from the Proposing Party as set forth in this Section 5.2.2.4. (i) If the JDC approves an Additional Development Proposal, upon such an approval, the applicable RLP Development Plan will be amended to include the Additional Development Activities, including the proposed timeline and budget for such Additional Development Activities, set forth in such Additional Development Proposal (as may be amended by the JDC) upon such approval. Any Additional Development Activities included in a RLP Development Plan pursuant to this Section 5.2.2.4 will be deemed to be RLP Development Activities for all purposes under Section 5.2.3.2. (ii) If the JDC fails to approve an Additional Development Proposal, upon such a failure, the Supplemental Study or Regional [***] Activities proposed in the Additional Development Proposal will not be deemed an RLP Development Activity for any purpose under this Agreement, and Sections 5.2.2.4(c) and 5.2.2.4(d) will apply.

Appears in 1 contract

Sources: Collaboration Agreement (Coherus BioSciences, Inc.)

JDC Decision Regarding Additional Development Activities. The JDC will approve or reject an Additional Development Proposal within [...***...] days after receipt thereof from the Proposing Party as set forth in this Section 5.2.2.45.1.2.4. (i) If the JDC approves an Additional Development Proposal, upon such an approval, the applicable RLP Development Plan will be amended to include the Additional Development Activities, including the proposed timeline and budget for such Additional Development Activities, set forth in such Additional Development Proposal (as may be amended by the JDC) upon such approval. Any Additional Development Activities included in a RLP Development Plan pursuant to this Section 5.2.2.4 5.1.2.4 will be deemed to be RLP Development Activities for all purposes under Section 5.2.3.25.1.4. (ii) If the JDC fails to approve an Additional Development Proposal, upon such a failure, the Supplemental Study or Regional [***] Activities proposed in the Additional Development Proposal will not be deemed an RLP Development Activity for any purpose under this Agreement, and Sections 5.2.2.4(c5.1.2.4(c) and 5.2.2.4(d5.1.2.4(d) will apply.

Appears in 1 contract

Sources: Collaboration and License Agreement (Xencor Inc)