Common use of Key Decisions Clause in Contracts

Key Decisions. (a) In Stage One, the Parties will discuss all material decisions affecting the operations, expenditures and commitments of the JV SERVICE / newco, and PROMIS, BCNI or its designates shall not make any key decisions concerning such operations, expenditures and commitments without the prior written consent of PROMIS and BCNI.

Appears in 1 contract

Sources: Joint Venture Agreement (ProMIS Neurosciences Inc.)

Key Decisions. (a) In Stage One, the The Parties will discuss all material decisions affecting the operations, expenditures and commitments of the JV SERVICE / newcoSERVICE, and PROMIS, BCNI or its designates shall not make any key decisions concerning such operations, expenditures and commitments without the prior written consent of PROMIS and BCNIPROMIS.

Appears in 1 contract

Sources: Joint Venture Agreement (ProMIS Neurosciences Inc.)