Common use of Loss of Status Clause in Contracts

Loss of Status. In the event that the Drug Development Committee or the Executive Committee determines that Development should be discontinued with respect to a particular Development Candidate or Collaboration Product, such Product Configuration shall cease to be a Development Candidate or Collaboration Product, as the case may be, for purposes of this Agreement.

Appears in 2 contracts

Samples: Development and Collaboration Agreement (Genvec Inc), Development and Collaboration Agreement (Genvec Inc)

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Loss of Status. In the event that the Drug Development Committee -------------- or the Executive Committee determines that Development should be discontinued with respect to a particular Development Candidate or Collaboration Product, such Product Configuration shall cease to be a Development Candidate or Collaboration Product, as the case may be, for purposes of this Agreement.

Appears in 1 contract

Samples: Development and Collaboration Agreement (Genvec Inc)

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Loss of Status. In the event that the Drug Development -------------- Committee or the Executive Committee determines that Development should be discontinued with respect to a particular Development Candidate or Collaboration Product, such Product Configuration shall cease to be a Development Candidate or Collaboration Product, as the case may be, for purposes of this Agreement.

Appears in 1 contract

Samples: Development and Collaboration Agreement (Genvec Inc)

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