Limits on JDC Authority. Each Party will retain the rights, powers and discretion granted to it under this Agreement and no such rights, powers, or discretion will be delegated to or vested in the JDC unless such delegation or vesting of rights is expressly provided for in this Agreement or the Parties expressly so agree in writing. The JDC will not have the power to amend, modify or waive compliance with this Agreement (other than as expressly permitted hereunder).
Appears in 5 contracts
Samples: Development and Option Agreement (Environmental Impact Acquisition Corp), Development and Option Agreement (Omega Therapeutics, Inc.), Development and Option Agreement (Omega Therapeutics, Inc.)
Limits on JDC Authority. Each Notwithstanding any provision of this Section 4.1 to the contrary, (i) each Party will shall retain the rights, powers and discretion granted to it under this Agreement and no such rights, powers, or discretion will shall be delegated to or vested in the JDC unless such delegation or vesting of rights is expressly provided for in this Agreement or the Parties expressly so agree in writing. The , (ii) the JDC will shall not have the power to amend, amend this Agreement or otherwise modify or waive compliance with this Agreement (other than as expressly permitted hereunder).in any manner, and
Appears in 2 contracts
Samples: License and Development Agreement, License and Development Agreement (Lpath, Inc)
