Common use of Limits on Committee Authority Clause in Contracts

Limits on Committee Authority. Each Party shall retain the rights, powers and discretion granted to it under this Agreement and no such rights, powers, or discretion shall be delegated to or vested in the JSC or any Subcommittee unless such delegation or vesting of rights is expressly provided for in this Agreement or the Parties expressly so agree in writing. Notwithstanding anything to the contrary in this Agreement, in no circumstances shall the JSC or any Subcommittee have any power to amend, modify or waive compliance with this Agreement.

Appears in 4 contracts

Samples: Collaboration and License Agreement (Verve Therapeutics, Inc.), Collaboration and License Agreement (Prime Medicine, Inc.), Collaboration and License Agreement (Verve Therapeutics, Inc.)

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Limits on Committee Authority. Each The JSC and any other Committee shall have only the powers assigned expressly to it in this ARTICLE 3 and elsewhere in this Agreement, and shall not have any power to amend, modify or waive compliance with this Agreement. In furtherance thereof, each Party shall retain the rights, powers and discretion granted to it under this Agreement and no such rights, powers, powers or discretion shall be delegated to or vested in the JSC or and any Subcommittee other Committee unless such delegation or vesting of rights is expressly provided for in this Agreement or the Parties expressly so agree in writing. Notwithstanding anything to the contrary in this Agreement, in no circumstances shall the JSC or any Subcommittee have any power to amend, modify or waive compliance with this Agreement.

Appears in 1 contract

Samples: Development and Commercialization Agreement (VectivBio Holding AG)

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