Common use of Senior Officials Clause in Contracts

Senior Officials. The Parties recognize that a bona fide dispute as to certain matters may from time to time arise during the Agreement Term, which relates to either Party's rights or obligations hereunder. In the event of the occurrence of such a dispute, either Party may, by written notice to the other Party, have such dispute referred to the [*****] of DIVERSA and the [*****] of DOW, or their successors or counterparts, for resolution by good faith negotiations within [*****] days after such notice is received at a [*****].

Appears in 3 contracts

Samples: Collaborative Research Agreement (Diversa Corp), Collaborative Research Agreement (Diversa Corp), Collaborative Research Agreement (Diversa Corp)

AutoNDA by SimpleDocs

Senior Officials. The Parties parties recognize that a bona fide dispute as to certain matters may from time to time arise during the term of this Agreement Term, which relates to either Partyparty's rights or and/or obligations hereunder. In the event of the occurrence of such a dispute, either Party party may, by written notice to the other Partyparty, have such dispute referred to the [*****] of DIVERSA and the [*****] of DOW, their respective senior officials designated as set forth below or their successors or counterpartssuccessors, for attempted resolution by good faith negotiations within [*****] thirty (30) days after such notice is received at a [*****]received. Said senior officials shall be designated by the parties upon execution of this Agreement.

Appears in 2 contracts

Samples: Collaborative Research and License Agreement (Curagen Corp), Collaborative Research and License Agreement (Curagen Corp)

Senior Officials. The Parties parties recognize that a bona fide dispute as to certain matters may from time to time arise during the term of this Agreement Term, which relates to either Partyparty's rights or and/or obligations hereunder. In the event of the occurrence of such a dispute, either Party party may, by written notice to the other Partyparty, have such dispute referred to the [*****] of DIVERSA and the [*****] of DOW, their respective senior officials designated below or their successors or counterpartssuccessors, for attempted resolution by good faith negotiations within [*****] thirty (30) days after such notice is received at a [*****]received. Said senior officials shall be designated by the parties upon execution of this Agreement.

Appears in 2 contracts

Samples: Collaborative Research and License Agreement (Siga Pharmaceuticals Inc), Collaborative Research and License Agreement (Siga Pharmaceuticals Inc)

Senior Officials. The Parties parties recognize that a bona fide dispute as to certain matters may from time to time arise during the term of this Agreement Term, which relates to either Partyparty's rights or and/or obligations hereunder. In the event of the occurrence of such a dispute, either Party party may, by written notice to the other Partyparty, have such dispute referred to the [*****] of DIVERSA and the [*****] of DOW, their respective senior officials designated below or their successors or counterpartssuccessors, for attempted resolution by good faith negotiations within [*****] thirty (30) days after such notice is received at a [*****].notice

Appears in 2 contracts

Samples: Collaborative Research and License Agreement (Chemgenics Pharmaceuticals Inc), Research and License Agreement (Millennium Pharmaceuticals Inc)

AutoNDA by SimpleDocs

Senior Officials. The Parties parties recognize that a bona fide dispute as to certain matters may from time to time arise during the term of this Agreement Term, which relates to either Party's party’s rights or and/or obligations hereunder. In the event of the occurrence of such a dispute, either Party party may, by written notice to the other Partyparty, have such dispute referred to the [*****] of DIVERSA and the [*****] of DOW, their respective Chief Executive Officers or their successors or counterpartsother senior officials designated by such persons, for attempted resolution by good faith negotiations within [*****] thirty (30) days after such notice is received at a [*****]received.

Appears in 1 contract

Samples: Collaboration Agreement (Martek Biosciences Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.