Common use of Resolution by Expert Clause in Contracts

Resolution by Expert. If the Parties do not reach a mutually acceptable resolution as to an Expert Dispute within the [* * *] period following referral to Executive Officers described in Section 16.6(a), then upon written notice by either Party (an “Expert Resolution Notice”), the Expert Dispute shall be resolved by a final, binding determination by an independent expert in the manner described in this Section 16.7.

Appears in 1 contract

Sources: Collaboration Agreement (Assembly Biosciences, Inc.)

Resolution by Expert. If the Parties do not reach a mutually acceptable resolution as to an Expert Dispute within the [* * *] 15-Business Day period following referral to Executive Officers described in Section 16.6(a)13.1, then upon written notice by either Party (an “Expert Resolution Notice”), the Expert Dispute shall be resolved by a final, binding determination by an independent expert in the manner described in this Section 16.713.3.

Appears in 1 contract

Sources: Collaboration and License Agreement (Pharmacyclics Inc)