Common use of Resolution by Executive Officers Clause in Contracts

Resolution by Executive Officers. Except as otherwise provided in this Section 14.2, in the event of any Dispute, the Parties shall first attempt in good faith to resolve such Dispute by negotiation and consultation between themselves. In the event that such Dispute is not resolved on an informal basis within [***] after receipt of written notice of such Dispute by a Party, either Party may, by written notice to the other Party, refer the Dispute to the senior executive officer (or his/her delegate) of the other Party for attempted resolution by good faith negotiation within [***] after such notice is received. Each Party may, in its sole discretion, seek resolution of any and all Disputes that are not resolved under this Section 14.2 in accordance with Section 14.3.

Appears in 4 contracts

Samples: License Agreement (HilleVax, Inc.), License Agreement (HilleVax, Inc.), License Agreement (Phathom Pharmaceuticals, Inc.)

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Resolution by Executive Officers. Except as otherwise provided in this Section 14.2ARTICLE 14, in the event of any DisputeDispute regarding the construction or interpretation of this Agreement or the rights, duties or liabilities of either Party hereunder, the Parties shall first attempt in good faith to resolve such Dispute by negotiation and consultation between themselves. In the event that such Dispute is not resolved on an informal such basis within [***] after receipt of written notice of such Dispute (unless otherwise agreed by a Partythe Parties), either Party may, by written notice to the other Party, refer the Dispute to the senior executive officer (or his/her delegate) of the other Party Executive Officers for attempted resolution by good faith negotiation within [***] after such notice is receivedreceived (unless otherwise agreed by the Parties). Each Party may, in its sole discretion, seek resolution of any and all Disputes that are not resolved under this Section 14.2 in accordance with Section 14.3.

Appears in 2 contracts

Samples: Collaboration and License Agreement (Macrogenics Inc), Collaboration and License Agreement (Macrogenics Inc)

Resolution by Executive Officers. Except as otherwise provided in this Section 14.2, in In the event of any DisputeDispute regarding the construction or interpretation of this Agreement or the rights, duties or liabilities of either Party hereunder, the Parties shall first attempt in good faith to resolve such Dispute by negotiation and consultation between themselves. In the event that such Dispute is not resolved on an informal such basis within [***] after receipt of written notice of such Dispute (unless otherwise agreed by a Partythe Parties), either Party may, by written notice to the other Party, refer the Dispute to the senior executive officer (or his/her delegate) of the other Party Executive Officers for attempted resolution by good faith negotiation within [***] after such notice is receivedreceived (unless otherwise agreed by the Parties). Each Party may, in its sole discretion, seek resolution of any and all Disputes that are not resolved under this Section 14.2 Article 13 in accordance with Section 14.3any court of competent jurisdiction.

Appears in 2 contracts

Samples: Global Collaboration and License Agreement (Macrogenics Inc), Global Collaboration and License Agreement (Incyte Corp)

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Resolution by Executive Officers. Except as otherwise provided in this Section 14.2ARTICLE XIII, in the event of any Dispute, the Parties shall first attempt in good faith to resolve such Dispute by negotiation and consultation between themselves. In the event that such Dispute is not resolved on an informal basis within [***] after receipt of written notice of such Dispute by a Partybasis, either Party may, by written notice to the other Party, refer the Dispute to the senior executive officer (or his/her delegate) of the other Party Executive Officers for attempted resolution by good faith negotiation within [***] after such notice is receivedreceived (unless otherwise agreed by the Parties). Each Party may, in its sole discretion, seek resolution of any and all Disputes that are not resolved under this Section 14.2 13.2 in accordance with Section 14.313.3.

Appears in 2 contracts

Samples: Collaboration and License Agreement (Legend Biotech Corp), Collaboration and License Agreement (Legend Biotech Corp)

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