Common use of Purpose; Formation Clause in Contracts

Purpose; Formation. Within thirty (30) days after the Effective Date, the Parties will appoint their respective representatives to a collaboration steering committee to oversee, coordinate and provide strategic direction to the development, registration and commercialization of the Product for and in the Territory and to approve the plans, budgets and resource allocations for such activities (the "Collaboration Steering Committee" or "CSC").

Purpose; Formation. Within thirty (30) days after the Effective Date, the Parties will appoint their respective representatives to a collaboration steering committee to oversee, coordinate and provide strategic direction to the development, registration and commercialization of the Product for and in the Territory and to approve the plans, budgets and resource allocations for such activities [*] (the "Collaboration Steering Committee" or "CSC").