Common use of No Harmful Actions Clause in Contracts

No Harmful Actions. If Licensee reasonably believes that Licensor is taking or intends to take any action with respect to any Product that is substantially likely to have a Material Impact upon the Development or regulatory status of the Product in the Territory, Licensee may bring the matter to the attention of the JRC. Licensor will not proceed with any such action or alternative course of action until it is approved by the JRC in accordance with Section 5.1(d). 6.5

Appears in 1 contract

Samples: Collaboration, Option and License Agreement

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No Harmful Actions. (a) If Licensee Licensor reasonably believes that Licensor Licensee is taking or intends to take any action with respect to any a Product that is substantially likely to have a Material Impact upon the Development or regulatory status of the Product in the Licensor Territory, Licensee Licensor may bring the matter to the attention of the JRCJSC. Licensor will Licensee shall not proceed with any such action or alternative course of action until it is approved by the JRC JSC in accordance with Section 5.1(d3.1(d). 6.5.

Appears in 1 contract

Samples: License, Development and Commercialization Agreement (Windtree Therapeutics Inc /De/)

No Harmful Actions. (a) If Licensee Licensor reasonably believes that Licensor Licensee is taking or intends to take any action with respect to any a Product that is substantially likely to have a Material Impact upon the Development or regulatory status of the Product in the Licensor Territory, Licensee Licensor may bring the matter to the attention of the JRCJSC. Licensor will Licensee shall not proceed with any such action or alternative course of action until it is approved by the JRC JSC in accordance with Section 5.1(d3.1(d). 6.5.

Appears in 1 contract

Samples: License, Development and Commercialization Agreement (Windtree Therapeutics Inc /De/)

No Harmful Actions. If Licensee reasonably believes that Licensor is taking or intends to take any action with respect to any Product that is substantially likely to have a Material Impact upon the Development or regulatory status of the any Product in the Territory, Licensee may bring the matter to the attention of the JRCJDC. Except as required by applicable Laws, Licensor will not proceed with any such action or alternative course of action until it is approved by the JRC JDC in accordance with Section 5.1(d3.1(d). 6.5.

Appears in 1 contract

Samples: License and Development Agreement (Chimerix Inc)

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No Harmful Actions. If Licensee reasonably believes that Licensor is taking or intends to take any action with respect to any Product that is substantially likely to have a Material Impact upon the Development or regulatory status of the Product in the Territory, Licensee may bring the matter to the attention of the JRC. Licensor will not proceed with any such action or alternative course of action until it is approved by the JRC in accordance with Section 5.1(d). 6.5.

Appears in 1 contract

Samples: Option and License Agreement (Exicure, Inc.)

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