Principal Responsibility; General Statement Clause Samples

The "Principal Responsibility; General Statement" clause establishes the main obligations and overarching duties of the primary party or parties under the agreement. Typically, it outlines the essential responsibilities that form the foundation of the contractual relationship, such as delivering goods, providing services, or fulfilling specific performance standards. By clearly stating these principal duties at the outset, the clause ensures that all parties understand their core commitments, thereby reducing ambiguity and helping to prevent disputes over the fundamental expectations of the contract.
Principal Responsibility; General Statement. The parties’ intention is the smooth and efficient conduct of development, and the parties desire by this Section 2.5 to provide guiding principles by which day-to-day decisions may be made by the responsible party and by which the approval process more particularly described in Section 3 below shall be governed. The parties intend that the Ultrio 2 Assay Product development will be conducted primarily and principally by Gen-Probe. Section 2.5.3 below specifies the development activities that will be the primary responsibility of Novartis. The party to whom principal responsibility is allocated in this Section 2.5 has the power to make day-to-day decisions regarding matters within the area of such responsibility, consistent with the overall Ultrio 2 Development Program. The parties’ obligations with respect to certain warehousing and shipping are subject to Amendment No. 3.
Principal Responsibility; General Statement. The parties' intention is the smooth and efficient conduct of development, and the parties desire by this Section 2.5 to provide guiding principles by which day-to-day decisions may be made by the responsible party and by which the
Principal Responsibility; General Statement. The parties' intention is the smooth and efficient conduct of development, and the parties desire by this Section 2.5 to provide guiding principles by which day-to-day decisions may be made by the responsible party and by which the approval process more particularly described in Section 3 below shall be governed. The parties intend that portions of the WNV Assay Product development will be conducted primarily and principally by one or the other of the parties, after consultation and discussion with the other party, under the supervision of the Project Manager, as follows: (i) [***]; and (ii) [***]. The party to whom principal responsibility is allocated in this Section 2.5 has the power to make day-to-day decisions regarding matters within the area of such responsibility, consistent with the overall WNV Development Program. The parties' obligations with respect to certain warehousing and shipping are subject to Amendment No. 3.
Principal Responsibility; General Statement. The Parties’ intention is the smooth and efficient conduct of development, and the Parties desire by this Section 2.5 to provide guiding principles by which the responsible Party may make day-to-day decisions and by which the approval process more particularly described in Section 3 below shall be governed. The Parties intend that the eSAS 2 Instrument development will be conducted primarily and principally by [***] with consultation and discussion from [***], under the supervision of the Project Manager, as follows: (i) [***] will have principal responsibility under this eSAS 2 Addendum for the [***] of the eSAS 2 Instrument, [***] and [***] for [***] and [***], [***] with [***] for [***] and [***] of the eSAS 2 Instruments, [***] of [***] and [***] of [***], and [***] of [***] and [***], and (ii) [***] will assist in the development and approval of [***] of each instrument, provide [***] to its [***] (meaning [***] from the [***] and [***] as applicable) to facilitate development of a [***], provide [***] to its [***], provide [***] including [***] to [***] required for the development under the confidentiality terms of the Agreement, and will have principal responsibility under this eSAS 2 Addendum for the [***] of the [***] and [***], for the development of the [***] for [***] specifically related to the [***] and [***], and for the formulation of the [***] for [***] and for each [***] with [***] to the [***] for [***]. The Parties shall jointly agree upon all validation activities and software development per PRD and SRS. The Party to whom principal responsibility is allocated in this Section 2.5 has the power to make day-to-day decisions regarding matters within the area of such responsibility, consistent with the overall eSAS 2 Development Program. The Parties’ obligations with respect to certain warehousing and shipping are subject to Amendment No. 3.
Principal Responsibility; General Statement. The Parties’ intention is the smooth and efficient conduct of development, and the Parties desire by this Section 2.5 to provide guiding principles by which the responsible Party may make day-to-day decisions and by which the approval process more particularly described in Section 3 below shall be governed. The Parties intend that the eSAS 2 Instrument development will be conducted primarily and principally by [...***...] with consultation and discussion from [...***...], under the supervision of the Project Manager, as follows: (i) [...***...] will have principal responsibility under this eSAS 2 Addendum for the [...***...] of the eSAS 2 Instrument, [...***...] and [...***...] for [...***...] and [...***...],[...***...] with [...***...] for [...***...] and [...***...] of the eSAS 2 Instruments, [...***...] of [...***...] and [...***...] of [...***...], and [...***...] of [...***...] and [...***...], and (ii) [...***...] will assist in the development and approval of [...***...] of each instrument, provide [...***...] to its [...***...] (meaning [...***...] from the [...***...] and [...***...] as applicable) to facilitate development of a [...***...], provide [...***...] to its [...***...],