JSC Decisions. All JSC decisions shall be made by unanimous vote, with each Party’s representatives collectively having one (1) vote. If after reasonable discussion and good faith consideration of each Party’s view on a particular matter, the JSC cannot, or does not, reach consensus on an issue within the scope of the JSC, then the dispute shall first be referred to the Senior Officers of the Parties, who shall confer in good faith on the resolution of the issue. Any final decision mutually agreed to by the Senior Officers shall be conclusive and binding on the Parties.
Appears in 4 contracts
Samples: Exclusive Research Collaboration, Option and License Agreement (Silence Therapeutics PLC), Exclusive Research Collaboration, Option and License Agreement (Silence Therapeutics PLC), License and Collaboration Agreement (Silence Therapeutics PLC)
JSC Decisions. All JSC decisions shall be made by unanimous vote, with each Party’s representatives collectively having one (1) vote. If after reasonable discussion and good faith consideration of each Party’s view on a particular matter, the JSC cannot, or does not, reach consensus on an issue within the scope of the JSC, then the dispute shall first be referred to the Senior Officers of the Parties, who shall confer in good faith on the resolution of the issue. Any final decision mutually agreed to by the Senior Officers shall be conclusive and binding on the Parties.
Appears in 2 contracts
Samples: Research Collaboration, Option and License Agreement (Silence Therapeutics PLC), Research Collaboration, Option and License Agreement (Silence Therapeutics PLC)
JSC Decisions. All The JSC will make good faith efforts to make all decisions by consensus. Actions to be taken by the JSC shall be made by taken only following unanimous vote, with each Party’s representatives collectively having one (1) vote. If after reasonable discussion and good faith consideration of each Party’s view the JSC fails to reach agreement on a particular mattermatter before it concerning Section 2.1(b)(ii), the JSC cannot, or does not, reach consensus on an issue within the scope of the JSC, then the dispute shall first be referred to the Senior Officers of the Parties, who shall confer in good faith on the resolution of the issue. Any final decision mutually agreed to by the Senior Officers shall be conclusive and binding on the Parties[***].
Appears in 1 contract
Samples: Collaboration and License Agreement (Arrowhead Pharmaceuticals, Inc.)
JSC Decisions. All JSC decisions shall be made by unanimous vote, with each Party’s representatives collectively having one (1) vote. If after reasonable discussion and good faith consideration of each Party’s view on a particular matter, the JSC cannot, or does not, reach consensus on an issue within the scope jurisdiction of the JSC within [_____] Business Days of the matter having been first discussed by the JSC, then the dispute shall first be referred to the Senior Officers of the Parties, who shall confer in good faith on the resolution of the issue. Any final decision mutually agreed to by the Senior Officers shall be conclusive and binding on the Parties.
Appears in 1 contract
Samples: Research Collaboration and License Agreement (Pharming Group N.V.)
