Annual Update Meetings Sample Clauses
The Annual Update Meetings clause requires the parties to meet on a yearly basis to review and discuss the progress, performance, or ongoing obligations under the agreement. Typically, these meetings involve sharing updates, addressing any issues that have arisen, and planning for the upcoming year, often with both parties providing relevant reports or data in advance. This clause ensures regular communication and collaboration, helping to identify and resolve problems early and keep the agreement on track.
Annual Update Meetings. At least once during each consecutive twelve (12)-month period from the License Agreement Effective Date until the earlier of first approval of a BLA for Licensed Product by the FDA or first approval of an MAA for Licensed Product by the EMA, within thirty (30) days of Bluebird’s written request, the Parties will meet in person at a U.S. site of Celgene for Celgene to provide Bluebird with an update on the Development of Licensed Product by Celgene and its Sublicensees. During such meeting, Celgene will disclose to Bluebird all material information regarding such Development.
Annual Update Meetings. At least [***] during each consecutive [***] period from the date of the Elected Candidate Notice until the first Regulatory Approval for Product, within [***] of Moderna’s written request, the Parties will meet in person at a U.S. site of Merck for Merck to provide Moderna with an update on the Development of a Product by Merck and its Affiliates and Sublicensees.
Annual Update Meetings. Unless otherwise mutually agreed, the Parties agree to meet no less frequently than annually (a) to discuss concepts such as Project performance in relation to the Accounts and (b) for Supplier to provide in-depth electric and renewable energy market updates. Failure to meet as contemplated in this Section 12 shall not be an Event of Default by either Party.