Adoption of Proposed Research Projects by the Parties Sample Clauses

Adoption of Proposed Research Projects by the Parties. The Parties hereby agree that each proposed research project and the proposed General Research Project Description and initial Detailed Research Project Description in respect of such proposed research project developed by the Steering Committee shall only be deemed a Research Project, a General Research Project Description and a Detailed Research Project Description under this Agreement upon the agreement of the Steering Committee (any such agreement by the Steering Committee to be set forth in duly approved Steering Committee meeting minutes). Upon the agreement of the Steering Committee in respect of each proposed research project and the proposed research project description in respect of such proposed research project, the Parties hereby agree that (i) such proposed General Research Project Description shall be deemed a "General Research Project Description" for all purposes of this Agreement, (ii) such proposed initial Detailed Research Project Description shall be deemed the initial "Detailed Research Project Description" for all purposes of this Agreement, (iii) such General Research Project Description and initial Detailed Research Project Description shall be deemed a "Research Project Description" for all purposes of this Agreement and (iv) such proposed project shall be deemed a "Research Project" for all purposes of this Agreement. Conduct of the Research Projects
Sample 1
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Related to Adoption of Proposed Research Projects by the Parties

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