Common use of Establishment of Scientific and Commercial Liaison Committees Clause in Contracts

Establishment of Scientific and Commercial Liaison Committees. (a) Promptly following the Effective Date, Schering and ICN shall establish a Scientific Liaison Committee and a Commercial Liaison Committee (the "Committees") that shall be advisory committees only. Schering shall promptly provide to the Committees material data, reports and other information concerning scientific and commercial matters relating to the Product. Schering shall be the final decision-maker as to the scope of the activities within the purview of the Committees.

Appears in 7 contracts

Samples: Exclusive License and Supply Agreement (Icn Pharmaceuticals Inc), Stock Purchase Agreement (Icn Pharmaceuticals Inc), Stock Purchase Agreement (Icn Pharmaceuticals Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!