Programme Amendment Orders Sample Clauses

Programme Amendment Orders. The parties may agree to vary the Programme or sums to be paid under Clause 3, provided that such variation is made in writing in a Programme Amendment Order. The parties recognise that, in the event that: (a) Stressgen requires Avecia to carry out additional or different work to that specified in the Scope Statement; or (b) Stressgen requires additional quantities of API or HspE7; or (c) the outcome of any element of the Programme in reality differs from the assumptions at the Commencement Date as set out in section 4 of the Scope Statement, the work carried out under the Programme will require changes which may cause an increase in the payments set out in Clause 3 below. The PSC shall have authority to execute Programme Amendment Orders having a value of up to US$1,000,000 calculated at the US$/£ exchange rate current at the date of such execution. Above this threshold, the PSC shall make recommendations relating to the execution of such Programme Amendment Orders to the parties.
Sample 1
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Programme Amendment Orders. The Parties may agree to vary the Project and sums to be paid under Clause 3 as a result of a Project variation, so long as such variation is made in writing in a Programme Amendment Order. The Parties recognize that any of the following will require changes to the Work Programme that may cause a change in payments set out in Clause 3: (a) Nuvelo requires Avecia to carry out additional or different work to that specified in the Work Programme set forth in Schedule 1; or (b) the actual circumstances encountered in carrying out the Project differ from the then current Process Assumptions; or (c) in the event that there is a delay to the Project for any reason other than Avecia Default or Nuvelo’s refusal to take a license under a Patented, Licensed Avecia Invention, including a Nuvelo Delay; or (d) in the event that Additional Centrifuge Work is required as a result of a failure, other than one attributable to an Avecia Default, of the centrifuge trials pursuant to Clause 2.2(b); or (e) Hold Time, but excluding Hold Time resulting from or arising out of: (1) an Avecia Default or (2) Nuvelo’s refusal to take a license under a Patented, Licensed Avecia Invention.
Sample 1

Related to Programme Amendment Orders

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  • Agent’s Review of Proposed Amendments and Supplements Prior to amending or supplementing the Registration Statement (including any registration statement filed under Rule 462(b) under the Securities Act) or the Prospectus (excluding any amendment or supplement through incorporation of any report filed under the Exchange Act), the Company shall furnish to the Agent for review, a reasonable amount of time prior to the proposed time of filing or use thereof, a copy of each such proposed amendment or supplement, and the Company shall not file or use any such proposed amendment or supplement without the Agent’s prior consent, and to file with the Commission within the applicable period specified in Rule 424(b) under the Securities Act any prospectus required to be filed pursuant to such Rule.

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