Common use of Obligation to Participate in the JDCC Clause in Contracts

Obligation to Participate in the JDCC. Akcea’s obligation to participate in the JDCC will terminate upon Novartis’ exercise (or expiration) of the Option for the last Product. Thereafter, Akcea will have the right, but not the obligation, to participate on the JDCC upon Akcea’s request provided that, if requested in writing by Novartis, Akcea shall not unreasonably refuse to participate in JDCC meeting(s).

Appears in 4 contracts

Samples: Strategic Collaboration, Option and License Agreement (Ionis Pharmaceuticals Inc), Option and License Agreement (Akcea Therapeutics, Inc.), Option and License Agreement (Akcea Therapeutics, Inc.)

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Obligation to Participate in the JDCC. Akcea’s obligation to participate in the JDCC will terminate upon Novartis’ exercise (or expiration) of the Option for the last Product. Thereafter, Akcea Xxxxx will have the right, but not the obligation, to participate on the JDCC upon AkceaXxxxx’s request provided that, if requested in writing by Novartis, Akcea Xxxxx shall not unreasonably refuse to participate in JDCC meeting(s).

Appears in 1 contract

Samples: Option and License Agreement

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