Common use of Decision Period Clause in Contracts

Decision Period. Roche shall have a period of sixty (60) days, extendible by mutual agreement of the Parties, said period to commence on the receipt by Roche of the deCODE Notice ("Decision Period"), to decide whether or not it wishes to pursue negotiations for such rights.

Appears in 1 contract

Sources: Research Collaboration and Cross License Agreement (Decode Genetics Inc)

Decision Period. Roche shall have a period of sixty (60) days, extendible by mutual agreement of the Parties, said period to commence on the receipt by Roche of the deCODE Notice to respond to such notice ("Decision Period"), to decide whether or not it wishes to pursue negotiations for such rights.

Appears in 1 contract

Sources: Collaboration and Cross License Agreement (Decode Genetics Inc)