Parties Responsibilities. 7.1. Each party shall in relation to its obligations under this Agreement: (a) use reasonable care and skill in performing such obligations; (b) comply with good industry practice; (c) comply with all laws applicable to it; and (d) obtain and maintain consents, licences and permissions (statutory, regulatory, contractual or otherwise) that are necessary to enable it to comply with such obligations. 7.2. Each party shall ensure that any employees or agents it uses in performing its obligations are suitably qualified, licenced and experienced. 7.3. To enable the parties to maximise the benefits of their collaboration, each party shall: (a) engage the other in planning discussions in relation to the Project from time to time; (b) keep the other party informed about its own progress in relation to the Project; and (c) facilitate regular discussions between appropriate members of its personnel and those of the other party in relation to each Project, including in relation to: (i) performance and issues of concern in relation to each Project; (ii) new developments and resource requirements; (iii) compliance with deadlines; and (iv) such other matters as may be agreed between the parties from time to time. 7.4. Each party shall: (a) supply to the other party information and assistance reasonably requested by it relating to a Project as is necessary to enable that other party to perform its own obligations in relation to the Project; and (b) review documentation, including draft specifications or service descriptions or other technical documentation, for use when performing its obligations in relation to a Project (if any), as soon as reasonably practicable at the request of the other party, and notify it of any errors or incorrect assumptions made in any such documents so far as it is aware.
Appears in 3 contracts
Sources: Collaboration Agreement (Pasithea Therapeutics Corp.), Collaboration Agreement (Pasithea Therapeutics Corp.), Collaboration Agreement (Pasithea Therapeutics Corp.)