Common use of Senior Officials Clause in Contracts

Senior Officials. The Parties recognize that a bona fide dispute as to certain matters may from time to time arise during the Term of this Agreement which relates to either Party’s rights and/or obligations hereunder. In the event of the occurrence of such a dispute, either Party may, by notice to the other Party, have such dispute referred to their respective senior officials designated below or their successors, for attempted resolution by good faith negotiations within thirty (30) days after such notice is received. Said designated senior officials are as follows: For Company: Xxxxxxx Xxxxx, Senior Managing Director For Biovest: Xxxxxx X. Xxxxxx, President In the event the designated senior officials are not able to resolve such dispute within the thirty (30) day period, either Party may invoke the provisions of Section 7.11(b).

Appears in 5 contracts

Samples: Contingent Payment Agreement (Biovest International Inc), Contingent Payment Agreement (Biovest International Inc), Contingent Payment Agreement (Biovest International Inc)

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Senior Officials. The Parties recognize that a bona fide dispute as to certain matters may from time to time arise during the Term term of this Agreement which relates to either Party’s rights and/or obligations hereunder. In the event of the occurrence of such a dispute, either Party may, by notice to the other Party, have such dispute referred to their respective senior officials designated below or their successors, for attempted resolution by good faith negotiations within thirty (30) days after such notice is received. Said designated senior officials are as follows: For CompanyAccentia: Xxxxxxx XxxxxXxxxx X’Xxxxxxx, Senior Managing Director M.D. For Biovest: Xxxxxx X. Xxxxxx, President Xxxxx Xxxxxxx M.D. In the event the designated senior officials are not able to resolve such dispute within the thirty (30) day period, either Party may invoke the provisions of Section 7.11(b9.10(b).

Appears in 4 contracts

Samples: Royalty Agreement, Royalty Agreement (Biovest International Inc), Royalty Agreement (Accentia Biopharmaceuticals Inc)

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Senior Officials. The Parties recognize that a bona fide dispute as to certain matters may from time to time arise during the Term term of this Agreement which relates to either Party’s rights and/or obligations hereunder. In the event of the occurrence of such a dispute, either Party may, by notice to the other Party, have such dispute referred to their respective senior officials designated below or their successors, for attempted resolution by good faith negotiations within thirty (30) days after such notice is received. Said designated senior officials are as follows: For CompanyAutovaxID: Xxxxx Xxxxxxx Xxxxx, Senior Managing Director For Biovest: Xxxxxx X. Xxxxxx, President Xxxxx Xxxxxxx M.D. In the event the designated senior officials are not able to resolve such dispute within the thirty (30) day period, either Party may invoke the provisions of Section 7.11(b9.10(b).

Appears in 1 contract

Samples: License Agreement (Accentia Biopharmaceuticals Inc)

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