Parameter Change definition
Examples of Parameter Change in a sentence
The Customer shall use its best endeavours to provide the ESCO with written notice identifying all actual or proposed Parameter Changes at least seven (7) Business Days before any actual or proposed Parameter Change is implemented or occurs.
Notice to the ESCO of Parameter Changes which result because of a bona fide emergency or other situation which prevents advanced notification shall be deemed to be sufficient if the Customer provides such notice within twenty four (24) hours after having actual knowledge that the event constituting the Parameter Change occurred or was discovered by the Customer to have occurred.
Any disagreement as to whether any Registered Technical Parameter Change requires Regulatory Approval shall be referred to the JMC for resolution in accordance with Section 2.4.5 of the Collaboration Agreement.
If either Party provides notice of a change in any Registered Technical Parameter (each, a “Registered Technical Parameter Change”), the other Party shall promptly advise as to whether it believes such Registered Technical Parameter Change requires Regulatory Approval in the ARIAD Territory in the case of ARIAD or the MERCK Territory in the case of MERCK.