JSC Authority Sample Clauses
The "JSC Authority" clause defines the powers and responsibilities granted to the Joint Steering Committee (JSC) within an agreement. Typically, this clause outlines the scope of decisions the JSC can make, such as overseeing project progress, resolving disputes, or approving changes to project plans. For example, the JSC may be authorized to set timelines, allocate resources, or address issues that arise during collaboration. The core function of this clause is to establish a clear governance structure, ensuring that both parties understand how joint decisions will be made and who holds the authority to make them, thereby reducing ambiguity and facilitating effective project management.
JSC Authority. If a dispute in the JSC is not resolved pursuant to Section 2.7 above, then the Chief Executive Officer of [*] shall have the authority finally resolve such dispute; provided, however, that with respect to any matter over which [*] has approval (or other consent right) pursuant to Article 6 (including, without limitation, Exhibit D), such resolution shall require the approval (or other consent) of [*] as set forth in Article 6 (including, without limitation, Exhibit D).
JSC Authority. The JSC shall have only such powers as are expressly assigned to it in this Agreement, and such powers shall be subject to the terms and conditions of this Agreement. For clarity, the JSC shall not have any right, power or authority: (a) to determine any issue in a manner that would conflict with the express terms and conditions of this Agreement; or (b) to modify or amend the terms and conditions of this Agreement.
JSC Authority. Except as provided in the Profit Share Product Exhibit, the JSC shall be a forum for information exchange and discussion only with respect to Licensed Products and has no decision-making authority.
JSC Authority. The JSC shall have solely the powers expressly assigned to it in Section 3.1 and elsewhere in this Agreement, and shall not have any power to amend, modify, or waive compliance with this Agreement. It is expressly understood and agreed that the control of decision-making authority by Anacor or Sandoz, as applicable, pursuant to Section 3.1(e), so as to resolve a disagreement or deadlock on the JSC for any matter will not authorize either Party to perform any function not delegated to the JSC, and that neither Anacor nor Sandoz shall have any right to unilaterally modify or amend, or waive its own compliance with, the terms of this Agreement.
JSC Authority. The JSC shall have solely the powers expressly assigned to it in Section 3.1 and elsewhere in this Agreement, and shall not have any power to amend, modify, or waive compliance with this Agreement or to bind either Party to incur additional liability or expense not expressly provided for in this Agreement without such Party’s consent. It is expressly understood and agreed that the control of decision-making authority by MC2, pursuant to Section 3.1(e), will not authorize MC2 to unilaterally modify or amend, or waive its own compliance with, the terms of this Agreement.
JSC Authority