Common use of Approval of TI Changes Clause in Contracts

Approval of TI Changes. All TI Change Requests shall be subject to the other party’s prior written approval, which approval shall not be unreasonably withheld, conditioned or delayed. The non-requesting party shall have five (5) business days after receipt of a TI Change Request to notify the requesting party in writing of the non-requesting party’s decision either to approve or object to the TI Change Request. The non-requesting party’s failure to respond within such five (5) business day period shall be deemed approval by the non-requesting party.

Appears in 2 contracts

Sources: Lease (Monte Rosa Therapeutics, Inc.), Lease (Intellia Therapeutics, Inc.)

Approval of TI Changes. All TI Change Requests shall be subject to the other party’s prior written approval, which approval shall not be unreasonably withheld, conditioned or delayed. The non-requesting party shall have five three (53) business days after receipt of a TI Change Request to notify the requesting party in writing of the non-requesting party’s decision either to approve or object to the TI Change Request. The non-requesting party’s failure to respond within such five three (53) business day period shall be deemed approval by the non-requesting party.

Appears in 1 contract

Sources: Lease Agreement (Depomed Inc)