Common use of JDC Decisions Clause in Contracts

JDC Decisions. Except where consent or approval on any matter by a Party is expressly required herein, if after reasonable discussion and good faith consideration of each Party’s view on any matter within the decision-making authority of the JDC, the representatives of the Parties on the JDC cannot reach an agreement as to such matter within [***] Days after such matter was brought to the JDC for resolution or after such matter has been referred to the JDC, such disagreement shall be escalated to the JSC by either Party.

Appears in 3 contracts

Sources: License and Collaboration Agreement (BioNTech SE), License and Collaboration Agreement (BioNTech SE), License and Collaboration Agreement (BioNTech SE)