Common use of No Change; Status Quo Clause in Contracts

No Change; Status Quo. Neither Party will have final decision-making authority over (i) [***], or (ii) [***] (each, a “Status Quo Item”), and all such matters must be decided by unanimous agreement in order to take any action or adopt any change from the then-current status quo.

Appears in 1 contract

Sources: Collaboration and License Agreement (Kiniksa Pharmaceuticals, Ltd.)

No Change; Status Quo. Neither Party will have final decision-making authority over (i) [***], or (ii) [***] ], (iii) [***], (iv) [***], (v) [***], (vi) [***], or (vii) [***], (each, a “Status Quo Item”), ) and all such matters must be decided by unanimous agreement in order to take any action or adopt any change from the then-current status quo.

Appears in 1 contract

Sources: Collaboration and License Agreement (Kiniksa Pharmaceuticals, Ltd.)

No Change; Status Quo. Neither Party will have final decision-making authority over with respect to the final resolution of any disagreement related to: (i) [***], or ; (ii) [***] ]; (each, a “Status Quo Item”), iii) [***]; (iv) [***]; (v) [***]; and all such matters must be decided by unanimous agreement in order to take any action or adopt any change from the then-current status quo(vi) [***].

Appears in 1 contract

Sources: License Agreement (Ionis Pharmaceuticals Inc)