Common use of Technical Difficulties Clause in Contracts

Technical Difficulties. If it becomes apparent to either KBI Biopharma or Client at any stage in the provision of any Services that, as a result of scientific or technical reasons out of the reasonable control of either Party, it will not be possible to complete the Services in the manner described in this Agreement or the Proposal or any Change Order thereto, the Parties will (a) identify the problem, (b) submit the problem in writing to senior management of each Party, and (c) negotiate in good faith for a thirty (30) day period from the date senior management of the Parties first convene regarding how to resolve such problem in a commercially reasonable manner. If the Parties do not agree on a commercially reasonable resolution to the problems within such thirty (30) day period, KBI Biopharma and Client shall each have the right to terminate this Agreement by written notice to the other Party, subject to Section 24.2.

Appears in 3 contracts

Samples: Master Services Agreement (BriaCell Therapeutics Corp.), Master Services Agreement (Larimar Therapeutics, Inc.), Master Services Agreement (BriaCell Therapeutics Corp.)

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Technical Difficulties. If it becomes apparent to either KBI Biopharma or Client at any stage in the provision of any Services that, as a result of scientific or technical reasons out of the reasonable control of either Party, it will not be possible to complete the Services in the manner described in this Agreement or the Proposal or any Change Order thereto, the Parties will (a) identify the problem, (b) submit the problem in writing to senior management of each Party, and (c) negotiate in good faith for a thirty sixty (3060) day period from the date senior management of the Parties first convene regarding how to resolve such problem in a commercially reasonable manner. If the Parties do not agree on a commercially reasonable resolution to the problems within such thirty sixty (3060) day period, KBI Biopharma and Client shall each have the right to terminate this Agreement by written notice to the other Party, subject to Section 24.225.2.

Appears in 1 contract

Samples: Master Services Agreement (Xencor Inc)

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Technical Difficulties. If it becomes apparent to either KBI Biopharma or Client at any stage in the provision of any Services that, as a result of scientific or technical reasons out of the reasonable control of either Party[***], it will not be possible to complete the Services in the manner described in this Agreement or the Proposal or any Change Order thereto, the Parties KBI Biopharma will (a) identify the problem, (b) submit the problem in writing to senior management of each Party, and (c) representatives of senior management from each Party will negotiate in good faith for a thirty (30) day [***] period from the date senior management of the Parties first convene regarding how to resolve such problem in a commercially reasonable [***] manner. If the Parties do not agree on a commercially reasonable [***] resolution to the problems within such thirty (30) day [***] period, KBI Biopharma and Client shall each have the right to terminate this Agreement by written notice to the other Party, subject to Section 24.2.

Appears in 1 contract

Samples: Master Services Agreement (Shattuck Labs, Inc.)

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