Common use of Meetings of the JFC Clause in Contracts

Meetings of the JFC. The JFC shall meet as frequently as members of the JSC determine is required (but in no event, less frequently than twice every calendar year), on such dates and at such times as agreed to by PDL and Biogen Idec, with all scheduled in-person meetings to alternate between a PDL site and a Biogen Idec site as designated by the respective Party prior to such meeting, or at other locations as determined by the JFC. All meetings shall be held in person or by audio or videoconference. Additional representatives or consultants may from time to time, by mutual consent of the Parties, be invited to attend JFC meetings, subject to such representative’s or consultant’s written agreement to comply with the requirements of this Agreement. Each Party shall be responsible for its own expenses for participating in the JFC. Meetings of the JFC shall be effective only if all representatives of each Party are present or participating.

Appears in 3 contracts

Samples: Collaboration Agreement (Facet Biotech Corp), Collaboration Agreement (Protein Design Labs Inc/De), Collaboration Agreement (Biotech Spinco, Inc.)

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Meetings of the JFC. The JFC shall meet as frequently as members of the JSC determine is required (but in no event, less frequently than twice [ * ] times every calendar yearCalendar Year), on such dates and at such times as agreed to by PDL and Biogen Idecthe Parties, with all scheduled in-person meetings to alternate between a PDL Trubion site and a Biogen Idec Facet site as designated by the respective Party prior to such meeting, or at other locations as determined by the JFC. All meetings shall be held in person or by audio or videoconference. Additional representatives or consultants consultants, who are under an obligation of confidentiality consistent with this Agreement, may from time to time, by mutual consent of the Parties, be invited to attend JFC meetings, subject meetings from time to such representative’s or consultant’s written time by agreement to comply with of the requirements of this AgreementJFC. Each Party shall be responsible for its own expenses for participating in the JFC. Meetings of the JFC shall be effective only if all representatives at least one representative of each Party are is present or participating.

Appears in 2 contracts

Samples: Collaboration and License Agreement (Facet Biotech Corp), Collaboration and License Agreement (Trubion Pharmaceuticals, Inc)

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