Common use of Initial Dispute Resolution Procedures Clause in Contracts

Initial Dispute Resolution Procedures. Subject to the provisions of this Section 3.5, actions to be taken by the JSC and each of the subcommittees shall be taken only following a unanimous vote, with each Party having one (1) vote. If any subcommittee fails to reach unanimous agreement on a matter before it for decision for a period in excess of thirty (30) days, the matter shall be referred to the JSC.

Appears in 2 contracts

Samples: Collaboration and License Agreement (Incyte Corp), Collaboration and License Agreement (Incyte Corp)

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Initial Dispute Resolution Procedures. Subject to the provisions of this Section 3.5, actions to be taken by the JSC JDC and each of the subcommittees Subcommittees shall be taken only following a unanimous vote, with each Party having one (1) vote. If any subcommittee Subcommittee fails to reach unanimous agreement on a matter before it for decision for a period in excess of thirty (30) days, either Party shall have the right to refer the matter shall be referred to the JSCJDC.

Appears in 2 contracts

Samples: License, Development and Commercialization Agreement (Incyte Corp), License, Development and Commercialization Agreement (Incyte Corp)

Initial Dispute Resolution Procedures. Subject to the provisions of this Section 3.5, actions to be taken by the JSC and each of the subcommittees Subcommittees shall be taken only following a unanimous vote, with all of each Party Party’s representatives together having one (1) vote. If any subcommittee Subcommittee fails to reach unanimous agreement on a matter (with each Party’s representatives together having a single vote) before it for decision for a period in excess of thirty (30) days[**], either Party may refer the matter shall be referred to the JSC.

Appears in 2 contracts

Samples: Collaboration and License Agreement (Incyte Corp), Collaboration and License Agreement (Incyte Corp)

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Initial Dispute Resolution Procedures. Subject to the provisions of this Section 3.5, actions to be taken by the JSC and each of the subcommittees Subcommittees shall be taken only following a unanimous vote, with all of each Party Party’s representatives together having one (1) vote. If any subcommittee Subcommittee fails to reach unanimous agreement on a matter (with each Party’s representatives together having a single vote) before it for decision for a period in excess of thirty (30) days[*], either Party may refer the matter shall be referred to the JSC.

Appears in 1 contract

Samples: Collaboration and License Agreement (Merus N.V.)

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