Decisions of the Project Committee. The Project Committee shall be free to act on its own initiative to formulate proposals and take decisions in accordance with the procedures set out herein. The following decisions shall be taken by the Project Committee: changes to the Project Application; changes to the Budget; withdrawals or adjustments to the Background set out in Annex 1; determine whether certain Background or Foreground is Needed, as set out in Section 9.3; entry of a new Participant to the Project and approval of the settlement on the conditions of the accession of such a new Participant; withdrawal of a Participant from the Project and the approval of the settlement on the conditions of the withdrawal; declaration of a Participant to be a Defaulting Participant; remedies to be performed by a Defaulting Participant; termination of a Defaulting Participant’s participation in the Project and measures relating thereto; change or replacement of the Project Coordinator; appoint or change the Chairperson; suspension of all or part of the Project; termination of the Project and the Consortium Agreement.
Decisions of the Project Committee. The Project Committee shall be free to act on its own initiative to formulate proposals and take decisions in accordance with the procedures set out herein. The following decisions shall be taken by the Project Committee:
Decisions of the Project Committee. The following decisions shall be taken by the Project Committee: changes to the Project Application set out in Annex 1; changes to the Budget set out in Annex 2; changes to this Consortium Agreement; withdrawals or adjustments to the Background set out in Annex 3; declaration of a Party to be a Defaulting Party; remedies to be performed by a Defaulting Party; termination of a Defaulting Party’s participation in the Project and measures relating thereto; determine whether certain Background or Foreground falls within the scope of the Access Rights granted under Section 9.3; suspension of all or part of the Project; termination of the Project and the Consortium Agreement. Any changes to the Project Application, the Budget or this Consortium Agreement as discussed in the Project Committee shall require prior written consent of the IXA Office AMC/IXA Office VU-VUmc. Stichting LSH-TKI, IXA Office AMC/IXA Office VU-VUmc and Project Committee. Each year IXA Office AMC/IXA Office VUmc shall inform Stichting LSH-TKI on any decisions by the Project Committee pursuant to Section 6.5 (a) to (c).
