Examples of Joint Transition Team in a sentence
Commencing within ten (10) days after the date hereof, the parties shall cause their representatives to meet as a committee (the "Joint Transition Team") as necessary to jointly plan and manage the transition of the Transferred Antibody Collection Business from the Seller to the Buyer.
The Joint Transition Team shall discuss and agree upon operational matters that should be addressed prior to Closing, and the parties at their respective costs shall reasonably cooperate to address such operational matters.
The Joint Transition Team shall not have the final authority to conclude the terms of the Transition Services Agreement or the Shared Services Agreement; such authority is reserved to the parties.
Each Party shall designate personnel to the Joint Transition Team (as defined in the Share Purchase Agreement) who shall be responsible for coordinating the technology transfer activities under the Technology Transfer Plan.
The Joint Transition Team will be co-chaired by one designated representative of each Party.
Within five (5) Business Days following the Effective Date hereof, the Parties shall establish a Joint Transition Team (the “JTT”) to manage the transition of the packaging, testing and distribution services from Distributor to Supplier.
Abeona will respond to the questions or requests of the Joint Transition Team or Ultragenyx, as applicable, for additional information relating to such Transition Services in a timely manner.
The Alliance Managers will also be responsible for assisting the Joint Transition Team in performing its responsibilities such as scheduling meetings, circulating agendas as necessary and preparing and finalizing the minutes from meetings of the Joint Transition Team.
Each Joint Transition Team representative and the Alliance Manager (as defined in Section 5.2) will be subject to confidentiality obligations no less stringent than those in ARTICLE 8.
Either Party may also call a special meeting of the Joint Transition Team by providing reasonable prior written notice (e-mail to the other Party’s Alliance Manager will suffice) to the other Party.