Consensus; Good Faith; Action Without Meeting. The JSC shall decide all matters by consensus, with each Party having one (1) collective vote. The members of the JSC shall act in good faith to cooperate with one another and to reach agreement with respect to issues to be decided by the JSC. Action that may be taken at a meeting of the JSC also may be taken without a meeting if a written consent setting forth the action so taken is signed by one (1) duly authorized representative of each Party.
Appears in 5 contracts
Samples: License and Commercialization Agreement (Petros Pharmaceuticals, Inc.), License and Commercialization Agreement (Vivus Inc), License and Commercialization Agreement (Auxilium Pharmaceuticals Inc)
Consensus; Good Faith; Action Without Meeting. The JSC shall decide all matters by consensus[*], with each Party having one (1) collective vote[*]. The Consistent with Section 3.12, the members of the JSC shall act in good faith to cooperate with one another and to reach agreement with respect to issues to be decided by the JSC. Action that may be taken at a meeting of the JSC Joint Steering Committee also may be taken without a meeting if a written consent setting forth the action so taken is signed by one (1) duly authorized representative all members of each Partythe Joint Steering Committee.
Appears in 1 contract
Samples: Development and Commercialization Agreement (Protein Design Labs Inc/De)
Consensus; Good Faith; Action Without Meeting. The JSC shall decide all matters by consensus, with each Party having one (1) collective vote. The Consistent with Section 3.7, the members of the JSC shall act in good faith to cooperate with one another and to reach agreement with respect to issues to be decided by the JSC. Action that may be taken at a meeting of the JSC also may be taken without a meeting if a written consent setting forth the action so taken is signed by one (1) duly authorized representative all members of each Partythe JSC.
Appears in 1 contract
Consensus; Good Faith; Action Without Meeting. The JSC shall decide all matters by consensus[****], with each Party having one (1) collective vote[****]. The Consistent with Section 3.24, the members of the JSC shall act in good faith to cooperate with one another and to reach agreement with respect to issues to be decided by the JSC. Action that may be taken at a meeting of **** Certain information on this page has been omitted and filed separately with the JSC also may be taken without a meeting if a written consent setting forth commission. Confidential treatment has been requested with respect to the action so taken is signed by one (1) duly authorized representative of each Partyomitted portions.
Appears in 1 contract
Samples: Development and Commercialization Agreement (PDL Biopharma, Inc.)
