Common use of Decisions of the JRC Clause in Contracts

Decisions of the JRC. The JRC shall make its decision on matters within its purview only after the JRC discusses such matters and only after reasonably considering each Party’s comments (through its JRC members) on such matters. All decisions by the JRC must be consistent with the terms of this Agreement, and may not modify the terms and conditions of this Agreement or the rights and obligations of a Party under this Agreement.

Appears in 2 contracts

Sources: License and Research Agreement (Albany Molecular Research Inc), Discovery Collaboration Agreement (Pharmacopeia Inc)