Common use of JMC Meetings Clause in Contracts

JMC Meetings. The JMC shall meet at least once each Calendar Quarter during the Term of this Agreement, until such time as the Parties agree to a more or less frequent meeting schedule. The site of such meetings shall alternate between the offices of Schering and Licensor (or any other site mutually agreed upon by the Parties) and each Party shall bear its own costs of attending such meetings. All meetings of the JMC shall be summarized in writing and sent to both Parties and countersigned by both Parties.

JMC Meetings. The JMC shall meet at least once each Calendar Quarter during the Term of this Agreement, until such time as the Parties agree to a more or less frequent meeting schedule. The site of such meetings shall alternate between the offices of Schering SPL and Licensor (or any other site mutually agreed upon by the Parties) and each Party shall bear its own costs of attending such meetings. All meetings of the JMC shall be summarized in writing and sent to both Parties and countersigned by both Parties.each