Scope of Governance. Notwithstanding the creation of the JSC or anything to the contrary in this Article III (Governance), each Party shall retain the rights, powers and discretion granted to it under this Agreement, and the JSC shall not be delegated or vested with rights, powers or discretion unless such delegation or vesting is expressly provided herein, or the Parties expressly so agree in writing. It is understood and agreed that issues to be formally decided by the JSC are only those specific issues that are expressly provided in this Agreement to be decided by such committee.
Appears in 4 contracts
Samples: License Agreement (Sol-Gel Technologies Ltd.), License Agreement (Sol-Gel Technologies Ltd.), Collaboration and License Agreement (Verona Pharma PLC)
Scope of Governance. Notwithstanding the creation of the JSC or anything to the contrary in this Article III (Governance)JSC, each Party shall retain the rights, powers and discretion granted to it under this Agreement, and the JSC shall not be delegated or vested with any rights, powers or discretion unless such delegation or vesting is expressly provided hereinin this Agreement. The JSC shall not have any power to amend or modify this Agreement, or the Parties expressly so agree in writing. It is understood and agreed that issues to be formally decided by no decision of the JSC are only those specific issues that are expressly provided shall be enforceable to the extent it is in contravention of any terms and conditions of this Agreement to be decided by such committeeAgreement.
Appears in 3 contracts
Samples: Exclusive License and Supply Agreement (Correvio Pharma Corp.), Exclusive License and Supply Agreement (SteadyMed Ltd.), Exclusive License and Supply Agreement (Cardiome Pharma Corp)
Scope of Governance. Notwithstanding the creation of the JSC or anything to the contrary in this Article III (Governance)and/or any Subcommittee, each Party shall retain the rights, powers and discretion granted to it under this Agreementhereunder, and the JSC and/or any Subcommittee shall not be delegated or vested with rights, powers or discretion unless such delegation or vesting is expressly provided herein, or the Parties expressly so agree in writing. It is understood and agreed that issues to be formally decided by the JSC are only those specific issues that are expressly provided in this Agreement to be decided by such committee.expressly
Appears in 1 contract
Samples: Commercialization Agreement (Atara Biotherapeutics, Inc.)
