JDSC definition

JDSC the joint development steering committee comprising members from each Party which shall be responsible for managing the Project set up as provided in Section 2; “Joint Technology” any and all inventions, improvements, modifications, alterations, or enhancements that are made jointly by Dexo and Uluru during the course of and under the Project, together with all Intellectual Property rights and interests of the Parties therein;
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JDSC the joint development steering committee comprising members from each Party which shall be responsible for managing the Project set up as provided in Section 2;
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Examples of JDSC in a sentence

  • At meetings of the JDSC the role of chairman shall alternate between the Parties on a meeting by meeting basis but the chairman shall not have casting vote.

  • The costs of conducting such development shall be shared by the Parties as set forth in Section 3.8. No clinical trials involving any Product shall be commenced by or on behalf of either party without the prior approval of the JDSC.

  • All member of the JDSC shall have the appropriate experience and qualifications.

  • The quorum for any meeting of the JDSC shall be one representative from each party, plus the chairman who, in the event of the number of representatives being only two, shall be non-voting.

  • For so long as any First Lien Obligations are outstanding, such Lien and pledge in favor of the Holders shall be a First Priority Lien and pledge.

  • The JDSC shall elect a Project Manager from one of the Parties to head up the Project and the inter-Party team conducting it.

  • The JDSC shall determine what strategy to adopt in this regard and how it shall be paid for and the Parties shall comply with such determination.

  • The Project Manager shall report to the JDSC in writing on a monthly basis on progress under the Project.

  • If Dexo decides not to market any Product in any part of the Dexo Territory it shall inform the Commercial Committee and the JDSC in writing and in such event the Commercial Committee will be responsible for appointing a sub-licensee in that part of the Dexo Territory in a manner consistent with Section 4.3.

  • Third Party Proceeds shall be paid into a bank account in the joint names of the Parties and operated by the JDSC.