Decision-making Criteria Sample Clauses

Decision-making Criteria. All decisions of the OC, PC and DC shall be made by majority vote and in the exercise of good faith. Such decisions shall adhere to the ethical and legal standards for the research-based pharmaceutical industry and utilize Commercially Reasonable Efforts to research, develop, and commercialize Compounds in the Field. Notwithstanding the foregoing regarding a majority vote, Procter & Gamble shall have the tie-breaking vote in the OC and PC with respecx xx: (i) any strategic and/or funding/budgeting issues with respect to the Research Collaboration Plan where Procter & Gamble determines in good faith that there is the likelihood that Taxxxxx proposed by Regeneron may become Excluded Technology as defined in Section 1.14, (ii) any Third Party costs which are the responsibility of Procter & Gamble pursuant to Section 3.2 and (iii) decisions made pursuant to Xxxxxxn 4.1. Regeneron shall have the tie-breaking vote in the OC and PC with respect to allocating Regeneron research FTEs within the scope of an approved Research Collaboration Plan.
Sample 1
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Decision-making Criteria. All decisions of the Research & Development Steering Committee shall be made by the co-chairmen and in the exercise of good faith. Such decisions shall adhere to the ethical and legal standards for the research-based pharmaceutical industry and shall be consistent with the use of Commercially Reasonable Efforts to research and develop Products. Subject to the foregoing, [*******] in the Research & Development Steering Committee.
Sample 1
Decision-making Criteria. All decisions of the SC shall be made by majority vote and in the exercise of good faith. Such decisions shall adhere to the ethical and legal standards for the medical-device industry and shall be based on the principle that each party shall be required to utilize commercially reasonable efforts to research, develop, manufacture and commercialize Surgical Products. Notwithstanding this Section 4.6 regarding an SC majority vote, (i) Xxxxxxx shall have the tie-breaking vote in the SC with respect to determining whether an Additional Surgical Product shall be added to the list of Additional Surgical Products set forth in Schedule 1.2, and (ii) PLC shall have the tie-breaking vote in the SC with respect to the setting of budgets (including all amendments thereto) for the research and development expenses associated with the Initial Surgical Products.
Sample 1
Decision-making Criteria. All decisions of the OC and PC shall be made by majority vote and in the exercise of good faith. Such decisions shall adhere to the ethical and legal standards for the research-based pharmaceutical
Sample 1
Decision-making Criteria. Subject to Sections 3.2(a) and 4.1, all decisions of the JMC shall be made by majority vote and in the exercise of good faith. Such decisions shall adhere to the ethical and legal standards for the research-based pharmaceutical industry and utilize Commercially Reasonable Efforts to research, develop, and commercialize Compounds.
Sample 1

Related to Decision-making Criteria

  • Annual Report of Assessment of Compliance with Servicing Criteria (a) The Servicer shall cause a firm of independent certified public accountants, who may also render other services to the Servicer, the Depositor or their Affiliates, to deliver to the Issuing Entity, the Indenture Trustee and the Owner Trustee on or before March 15 of each year, beginning March 15, 2016 (or if such day is not a Business Day, the next succeeding Business Day), a report (the “Report of Assessment of Compliance with Servicing Criteria”) delivered to the Board of Directors of the Servicer and to the Indenture Trustee and the Owner Trustee that satisfies the requirements of Rule 13a-18 or Rule 15d-18 under the Exchange Act and Item 1122 of Regulation AB, as applicable, on the assessment of compliance with Servicing Criteria with respect to the prior calendar year. The certificates and reports referred to in Section 4.01(a), Section 4.01(b) and this Section 4.02(a) shall be delivered within 120 days after the end of each calendar year if the Issuing Entity is not required to file periodic reports under the Exchange Act or any other law, beginning April 30, 2017.

  • Report of Assessment of Compliance with Servicing Criteria As defined in Section 4.02(a) of the Servicing Agreement.

  • Selection Criteria Each Contract is secured by a new or used Motorcycle. No Contract has a Contract Rate less than 1.00%. Each Contract amortizes the amount financed over an original term no greater than 84 months (excluding periods of deferral of first payment). Each Contract has a Principal Balance of at least $500.00 as of the Cutoff Date.

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