Annual Update to Development Budget Sample Clauses
Annual Update to Development Budget. The JDC shall discuss and agree upon the subsequent year’s Development Budget on an annual basis no later than November 1 of each year. The JDC shall report any significant changes in the annual budgets to the JSC for approval at the next scheduled JSC meeting.
Annual Update to Development Budget. The CGB shall review, discuss, and, with respect to Joint Development Activities, agree upon the subsequent year’s Development Budget on an annual basis no later than [***] of each year.
Annual Update to Development Budget. The JSC shall review, discuss, and, with respect to Joint Development Work, agree upon the subsequent year’s Development Budget on an annual basis [*].