Consensus; Escalation Sample Clauses
The Consensus; Escalation clause establishes a structured process for resolving disagreements between parties by first requiring them to attempt to reach a mutual agreement through discussion. If consensus cannot be achieved within a specified timeframe, the clause typically mandates that the dispute be escalated to higher-level representatives or a designated committee for further resolution. This approach ensures that conflicts are addressed efficiently and systematically, minimizing disruption and reducing the likelihood of unresolved disputes derailing the overall agreement.
Consensus; Escalation. All decisions within the decision-making authority of the JDC shall be made by [***], [***]. If the JDC is unable to reach agreement as to a particular matter within its jurisdiction, within [***] after such matter has been brought to the JDC for resolution, then such disagreement shall be referred to the Executive Officers of the Parties for resolution.
Consensus; Escalation. All decisions within the decision-making authority of the JPC shall be made by [***]. If the JPC is unable to reach agreement as to such a decision, within [***] after such matter has been brought to the JPC for resolution, then, at the request of either Party, such disagreement shall be referred to the Executive Officers of the Parties for resolution.
Consensus; Escalation. All decisions within the authority of each Committee shall be made by unanimous vote, with each Party’s representatives collectively having one (1) vote. If a Committee is unable to reach agreement as to a particular matter within such Committee’s jurisdiction, including due to a lack of a Party’s attendance at a Committee meeting, within [*] days (or a later date mutually agreed to by the Parties) after such matter has been brought to such Committee for resolution, such disagreement shall, in case of disagreement of the JCRC, JMC, JIPC or other joint subcommittee, be referred to the JSC for resolution, and in the case of disagreement of the JSC, be referred to the Executive Officers of the Parties for resolution.
Consensus; Escalation. All decisions within the authority of each Committee shall be made by unanimous vote, with each Party’s representatives collectively having one (1) vote. If a Committee is unable to reach agreement as to a particular matter within such Committee’s jurisdiction, including due to a lack of a Party’s attendance at a Committee meeting, within [*] days (or a later date mutually agreed to by the Parties) after such matter has been brought to such Committee for resolution, such disagreement shall, in case of disagreement of the JCRC, JMC, JIPC or other joint subcommittee, be referred to the JSC for resolution, and in the case of disagreement of the JSC, be referred to the Executive Officers of the Parties for resolution. [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended.
Consensus; Escalation. All decisions within the authority of each Committee shall be made by [***], with each Party’s representatives collectively having one (1) vote. If [***] the representatives of the Parties cannot reach [***] as to such matter within [***] after such matter has been brought to such Committee for resolution, such disagreement shall, in case of disagreement of the JIPC, JMC or any other joint subcommittee, be referred to [***].
Consensus; Escalation. All decisions within the decision-making authority of the JSC shall be made by unanimous vote, with each Party’s representatives collectively having one (1) vote. If the JSC is unable to reach agreement as to a particular matter within its jurisdiction, within [**] after such matter has been brought to the JSC for resolution, then such disagreement shall be referred to the Executive Officers of the Parties for resolution.
Consensus; Escalation. A quorum for a meeting of any Committee will require the presence of at least one (1) representative from each Party. Each Party will cause a quorum of their representatives to each Committee to attend all meetings thereof. All decisions within the authority of the JSC, JRC or JMC or other joint subcommittee shall be made by unanimous vote, with each Party’s representatives collectively having one (1) vote. If the JRC, JMC or another joint subcommittee is unable to reach agreement as to a particular matter within such Committee’s jurisdiction within [*] days (or a later date mutually agreed to by the Parties) after such matter has been brought to such Committee for resolution, then such disagreement shall be referred to the JSC for resolution and in the case of disagreement of the JSC, such disagreement shall be referred to the Executive Officers of the Parties for resolution.
Consensus; Escalation. All decisions within the decision-making authority of the JRC shall be made by [***]. If the JRC is unable to reach agreement as to a particular matter within its jurisdiction, within [***] (or a later date mutually agreed to by the Parties) after such matter has been brought to the JRC for resolution, then such matter shall be referred to the Alliance Managers for resolution. If the Alliance Managers are unable to reach agreement as to such matter within [***] (or a later date mutually agreed to by the Parties) after such matter has been escalated to the Alliance Managers for resolution, then such disagreement shall be referred to the Executive Officers of the Parties for resolution.