Common use of Disbandment of Committee Clause in Contracts

Disbandment of Committee. The Committee shall perform its responsibilities and activities outlined in this Section 0 during a term starting on the Effective Date (with the first meeting of the Committee taking place as soon as practicable after the Effective Date, as set out in Section 2.6.3) and ending on the date that the Committee is disbanded in accordance with this Section 2.6.5. Unless agreed otherwise between the Parties in advance and in writing, the Committee shall be disbanded: on the later date of the date that (x) the […***…] Research Program Term ends; (y) the PD1 Research Program Term ends; or (z) the Multispecific Research Program, ends. Upon being disbanded in accordance with this Section 2.6.5, the Committee shall have no further authority with respect to the activities hereunder, and all further Research and Development of the Program Nanobodies, Compounds and Products hereunder shall be in accordance with ARTICLE 3.

Disbandment of Committee. The Committee shall perform its responsibilities and activities outlined in this Section 0 during a term starting on the Effective Date (with the first meeting of the Committee taking place as soon as practicable after the Effective Date, as set out in Section 2.6.3) and ending on the date that the Committee is disbanded in accordance with this Section 2.6.5. Unless agreed otherwise between the Parties in advance and in writing, the Committee shall be disbanded: on the later date of the date that (x) the […***…] Research Program Term ends; (y) the PD1 […***…] Research Program Term ends; or (z) the Multispecific Research Program, ends. Upon being disbanded in accordance with this Section 2.6.5, the Committee shall have no further authority with respect to the activities hereunder, and all further Research and Development of the Program Nanobodies, Compounds and Products hereunder shall be in accordance with ARTICLE 3.