Common use of Informal Discussions Clause in Contracts

Informal Discussions. Except as otherwise provided herein, in the event of any controversy or claim arising out of or relating to this Agreement, or the rights or obligations of the Parties hereunder, or the relationship between the Parties with respect to the Licensed Compound or Licensed Product, the Parties shall first try to settle their differences amicably between themselves. Either Party may initiate such informal dispute resolution by sending written notice of the dispute to the other Party, and within thirty (30) days after such notice appropriate representatives of the Parties shall meet for attempted resolution by good faith negotiations. If such representatives are unable to resolve promptly such disputed matter within the said thirty (30) days, either Party may refer the matter by written notice to the other under Section 14.07 to the Vice President of Merck, or designee, and the Chief Executive Officer of Licensee, or designee, for discussion and resolution. If such individuals or their designees are unable to resolve such dispute within sixty (60) days of such written notice, either Party may initiate arbitration proceedings in accordance with the provisions of this Article XIII.

Appears in 4 contracts

Samples: Exclusive Patent and Know How License Agreement (Cerecor Inc.), Exclusive Patent and Know How License Agreement (Cerecor Inc.), Exclusive Patent and Know How License Agreement (Cerecor Inc.)

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Informal Discussions. Except as otherwise provided herein, in the event of any controversy or claim arising out of or relating to this Agreement, or the rights or obligations of the Parties hereunder, or the relationship between the Parties with respect to the Licensed Compound or Licensed Product, the Parties shall first try to settle their differences amicably between themselves. Either Party may initiate such informal dispute resolution by sending written notice of the dispute to the other Party, and within thirty (30) days after such notice appropriate representatives of the Parties shall meet for attempted resolution by good faith negotiations. If such representatives are unable to resolve promptly such disputed matter within the said thirty (30) days, either Party may refer the matter by written notice to the other under Section 14.07 to the Vice President of Merck[**], or designee, and the Chief Executive Officer of Licensee, or designee, for discussion and resolution. If such individuals or their designees are unable to resolve such dispute within sixty (60) days of such written notice, either Party may initiate arbitration proceedings in accordance with the provisions of this Article XIII.

Appears in 3 contracts

Samples: Exclusive Patent and Know How License Agreement, Exclusive Patent and Know How License Agreement (Cerecor Inc.), Exclusive Patent and Know How License Agreement (Cerecor Inc.)

Informal Discussions. Except as otherwise provided herein, in the event of any controversy or claim arising out of or relating to this Agreement, or the rights or obligations of the Parties hereunder, or the relationship between the Parties with respect to the Licensed Compound or Licensed Product, the Parties shall first try to settle their differences amicably between themselves. Either Any Party may initiate such informal dispute resolution by sending written notice of the dispute to the other PartyParties, and within thirty (30) days after such notice appropriate representatives of the Parties shall meet for attempted resolution by good faith negotiations. If such representatives are unable to resolve promptly such disputed matter within the said thirty (30) days, either any Party may refer the matter by written notice to the other under Section 14.07 others to the Vice President Worldwide Head of MerckLicensing, Merck Research Laboratories, or his designee, and the Chief Executive Officer of LicenseeTigercat, or his designee, for discussion and resolution. If such individuals or their designees are unable to resolve such dispute within sixty thirty (6030) days of such written notice or if the recipient Party does not respond within thirty (30) days of such written notice, either any Party may initiate arbitration proceedings in accordance with the provisions of this Article XIII.

Appears in 3 contracts

Samples: Exclusive License Agreement (Menlo Therapeutics, Inc.), Exclusive License Agreement (Menlo Therapeutics, Inc.), Exclusive License Agreement (Menlo Therapeutics, Inc.)

Informal Discussions. Except as otherwise provided herein, in the event of any controversy or claim arising out of or relating to this Agreement, or the rights or obligations of the Parties hereunder, or the relationship between the Parties with respect to the Licensed Compound Compounds or Licensed Product, the Parties shall first try to settle their differences amicably between themselves. Either Party may initiate such informal dispute resolution by sending written notice of the dispute to the other Party, and within thirty (30) days after such notice appropriate representatives of the Parties shall meet for attempted resolution by good faith negotiations. If such representatives are unable to resolve promptly such disputed matter within the said thirty (30) days, either Party may refer the matter by written notice to the other under Section 14.07 to the appropriate therapy area Vice President of MerckMerck Research Laboratories, or his designee, and the Chief Executive Officer of Licensee, or his designee, for discussion and resolution. If such individuals or their designees are unable to resolve such dispute within sixty thirty (6030) days of such written notice, either Party may initiate arbitration proceedings in accordance with the provisions of this Article XIII.

Appears in 2 contracts

Samples: License Agreement (TESARO, Inc.), License Agreement (TESARO, Inc.)

Informal Discussions. Except as otherwise provided herein, in the event of any controversy or claim arising out of or relating to this Agreement, or the rights or obligations of the Parties hereunder, or the relationship between the Parties with respect to the Licensed Compound Compounds or Licensed ProductProducts, the Parties shall first try to settle their differences amicably between themselves. Either Party may initiate such informal dispute resolution by sending written notice of the dispute to the other Party, and within thirty (30) days after such notice appropriate representatives of the Parties shall meet for attempted resolution by good faith negotiations. If such representatives are unable to resolve promptly such disputed matter within the said thirty (30) days, either Party may refer the matter by written notice to the other under Section 14.07 to the Vice President of Merck, or designee, and the Chief Executive Officer of Licensee, or designee, Officers for discussion and resolution. If such individuals or their designees Executive Officers are unable to resolve such dispute within sixty thirty (6030) days of such written notice, either Party may initiate arbitration proceedings in accordance with the provisions of this Article XIIISection 10.4.

Appears in 1 contract

Samples: Exclusive License Agreement (TESARO, Inc.)

Informal Discussions. Except as otherwise provided herein, in the event of any controversy or claim arising out of or relating to this Agreement, or the rights or obligations of the Parties hereunder, or the relationship between the Parties with respect to the Licensed Compound or Licensed Product, the Parties shall first try to settle their differences amicably between themselves. Either Party may initiate such informal dispute resolution by sending written notice of the dispute to the other Party, and within thirty (30) days after such notice appropriate representatives of the Parties shall meet for attempted resolution by good faith negotiations. If such representatives are unable to resolve promptly such disputed matter within the said thirty (30) days, either Party may refer the matter by written notice to the other under Section 14.07 to the Vice President of MerckLilly, or designee, and the Chief Executive Officer of Licensee, or designee, for discussion and resolution. If such individuals or their designees are unable to resolve such dispute within sixty (60) days of such written notice, either Party may initiate arbitration proceedings in accordance with the provisions of this Article XIII.

Appears in 1 contract

Samples: License Agreement (Cerecor Inc.)

Informal Discussions. Except as otherwise provided herein, in the event of any controversy or claim arising out of or relating to this Agreement, or the rights or obligations of the Parties hereunder, or the relationship between the Parties with respect to the Licensed Compound or Licensed Product, the Parties shall first try to settle their differences amicably between themselves. Either Party may initiate such informal dispute resolution by sending written notice of the dispute to the other Party, and within thirty (30) days after such notice appropriate representatives of the Parties shall meet for attempted resolution by good faith negotiations. If such representatives are unable to resolve promptly such disputed matter within the said thirty (30) days, either Party may refer the matter by written notice to the other under Section 14.07 to the appropriate therapy area Vice President of MerckMerck Research Laboratories, or his designee, and the Chief Executive Officer of Licensee, or his designee, for discussion and resolution. If such individuals or their designees are unable to resolve such dispute within sixty thirty (6030) days of such written notice, either Party may initiate arbitration proceedings in accordance with the provisions of this Article XIII.

Appears in 1 contract

Samples: Exclusive License Agreement (Lumos Pharma, Inc.)

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Informal Discussions. Except as otherwise provided herein, in the event of any controversy or claim arising out of or relating to this AgreementMSA, or the rights or obligations of the Parties hereunder, or the relationship between the Parties with respect to the Licensed Compound or Licensed Product, the Parties shall first try to settle their differences amicably between themselvesthemselves through the Core Team and then JSC level. Either Thereafter, either Party may initiate such informal dispute resolution on the Executive level by sending written notice of the dispute to the other Party, and within thirty fifteen (3015) days after such notice appropriate representatives Executives of the Parties shall meet for attempted attempt resolution by good faith negotiations. If such representatives are unable to resolve promptly such disputed matter within the said thirty fifteen (3015) days, either Party may refer the matter by written notice to the Chief Executive Officer of the other under Section 14.07 to the Vice President of MerckParty, or his/her designee, and the Chief Executive Officer of Licensee, or designeesuch Party, for discussion and resolution. If such individuals or their designees are unable to resolve such dispute within sixty thirty (6030) days of such written notice, either Party may initiate arbitration proceedings in accordance with the provisions of this Article XIII15.

Appears in 1 contract

Samples: Master Services Agreement (Environmental Impact Acquisition Corp)

Informal Discussions. Except as otherwise provided herein, in the event of any controversy or claim arising out of or relating to this AgreementMSA, or the rights or obligations of the Parties hereunder, or the relationship between the Parties with respect to the Licensed Compound or Licensed Product, the Parties shall first try to settle their differences amicably between themselvesthemselves through the Core Team and then JSC level. Either Thereafter, either Party may initiate such informal dispute resolution on the Executive level by sending written notice of the dispute to the other Party, and within thirty (30) days after such notice appropriate representatives Executives of the Parties shall meet for attempted resolution by good faith negotiations. If such representatives are unable to resolve promptly such disputed matter within the said thirty (30) days, either Party may refer the matter by written notice to the Chief Executive Officer of the other under Section 14.07 to the Vice President of MerckParty, or his/her designee, and the Chief Executive Officer of Licensee, or designeesuch Party, for discussion and resolution. If such individuals or their designees are unable to resolve such dispute within sixty thirty (6030) days of such written notice, either Party may initiate arbitration proceedings in accordance with the provisions of this Article XIII16.

Appears in 1 contract

Samples: Master Services Agreement (CytoDyn Inc.)

Informal Discussions. Except as otherwise provided herein, in In the event of any controversy or claim arising out of or relating to this Agreement, or the rights or obligations of the Parties hereunder, or the relationship between the Parties with respect to the Licensed Compound Compounds, Licensed Products, Patent Rights, Licensor Know-How or Licensed ProductTrademarks in the Field, the Parties shall first try to settle their differences amicably between themselves. Either Party may initiate such informal dispute resolution by sending written notice of the dispute to the other Party, and within thirty (30) 30 days after such notice appropriate representatives of the Parties shall meet for attempted resolution by good faith negotiations. If such representatives are unable to resolve promptly such disputed matter within the said thirty (30) 30 days, either Party may refer the matter by written notice to the other under Section 14.07 to the Vice President Chief Executive Officer of MerckLicensor, or her designee, and the Chief Executive Officer of Licensee, or his designee, for discussion and resolution. If such individuals or their designees are unable to resolve such dispute within sixty (60) 30 days of such written notice, either Party may initiate arbitration proceedings in accordance with the provisions of this Article XIII12.

Appears in 1 contract

Samples: License Agreement (Annovis Bio, Inc.)

Informal Discussions. Except as otherwise provided herein, in the event of any controversy or claim arising out of or relating to this AgreementMSA, or the rights or obligations of the Parties hereunder, or the relationship between the Parties with respect to the Licensed Compound or Licensed Product, the Parties shall first try to settle their differences amicably between themselvesthemselves through the Core Team and then JSC level. Either Thereafter, either Party may initiate such informal dispute resolution on the executive level by sending written notice of the dispute to the other Party, and within thirty (30) days after such notice appropriate representatives executives of the Parties shall meet for attempted resolution by good faith negotiations. If such representatives are unable to resolve promptly such disputed matter within the said thirty (30) days, either Party may refer the matter by written notice to the Chief Executive Officer of the other under Section 14.07 to the Vice President of MerckParty, or his/her designee, and the Chief Executive Officer of Licensee, or designeesuch Party, for discussion and resolution. If such individuals or their designees are unable to resolve such dispute within sixty thirty (6030) days of such written notice, either Party may initiate arbitration proceedings in accordance with the provisions of this Article XIII16.

Appears in 1 contract

Samples: Master Services Agreement (Immunomedics Inc)

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