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Bid Process
Bid Process contract clause examples

Release Process. Amounts shall be released from the Withheld Funds for the purposes set forth in [Sections 4.3] above upon a request from Purchaser, in the manner and following the procedures set forth below:

Acceptance Process. Upon completion of a milestone, QIAGEN shall issue a written notice to SYROS, together with any documentation reasonably requested by SYROS to evaluate such completion, and SYROS shall have up to ​ to review the notice and any associated Deliverables and provide a written acceptance of the milestone to QIAGEN. Failure to respond within this timeframe shall constitute acceptance. In the event SYROS disputes that a milestone has been properly completed, SYROS shall provide a written notice to QIAGEN within the initial ​ review period, describing in reasonable detail the basis for its dispute. The Parties shall work in good faith to resolve the dispute and QIAGEN shall use Commercially Reasonable Efforts to correct any deficiencies in a timely fashion. If the dispute is resolved by mutual agreement of the Parties that the particular milestone has been completed, then within ​ of the resolution of the dispute, SYROS shall issue a notice of written acceptance of the milestone to QIAGEN. If the dispute is resolved by mutual agreement of the Parties that the particular milestone has not been completed, then QIAGEN shall use Commercially Reasonable Efforts to complete any additional activities necessary to complete such milestone. If the Parties are unable to resolve such dispute, then it shall be resolved in accordance with Section 18.3.

Approval Process. Landlord shall notify Tenant whether it approves of the submitted working drawings within ten business days after Tenant's submission thereof. If Landlord disapproves of such working drawings, then Landlord shall notify Tenant thereof specifying in reasonable detail the reasons for such disapproval, in which case Tenant shall, within five business days after such notice, revise such working drawings in accordance with Landlord's objections and submit the revised working drawings to Landlord for its review and approval. Landlord shall notify Tenant in writing whether it approves of the resubmitted working drawings within five business days after its receipt thereof. This process shall be repeated until the working drawings have been finally approved by Tenant and Landlord. If Landlord fails to notify Tenant that it disapproves of the initial working drawings within ten business days (or, in the case of resubmitted working drawings, within five business days) after the submission thereof, then Landlord shall be deemed to have approved the working drawings in question.

Budgeting Process. The Annual Operating Budget and the Initial Operating Budget submitted to Lessee by Manager shall be subject to the approval of Lessee (such approval not to be unreasonably withheld, delayed or conditioned). The Annual Operating Budget and the Initial Operating Budget shall not be deemed accepted by Lessee in the absence of its express written approval. Not later than thirty (30) days after receipt by Lessee of a proposed Annual Operating Budget or the Initial Operating Budget (or such longer period as Lessee may reasonably request on Notice to Manager), Lessee may deliver an AOB Objection Notice with reasonable detail to Manager stating that Lessee objects to any information contained in or omitted from such proposed Annual Operating Budget or Initial Operating Budget and setting forth the nature of such objections with reasonable specificity. Failure of Lessee to deliver express written approval of the Annual Operating Budget or the Initial Operating Budget or an AOB Objection Notice shall be deemed rejection of Manager’s proposed Annual Operating Budget or Initial Operating Budget in its entirety. Upon receipt of any AOB Objection Notice, Manager shall, after consultation with Lessee, modify the proposed Initial Operating Budget or Annual Operating Budget, as the case may be, taking into account Lessee’s objections, and shall resubmit the same to Lessee for Lessee’s approval within fifteen (15) days thereafter, and Lessee may deliver further AOB Objection Notices (if any) within fifteen (15) days thereafter (in which event, the re-submission and review process described above in this sentence shall continue until the proposed Initial Operating Budget or Annual Operating Budget in question is accepted and consented to by Lessee). Notwithstanding anything to the contrary set forth herein, Lessee shall have the right at any time subsequent to the acceptance and consent with respect to any Annual Operating Budget or the Initial Annual Budget, on Notice to Manager, to revise such Initial Operating Budget or Annual Operating Budget or to request that Manager prepare for Lessee’s approval a revised Initial Annual Budget or Annual Operating Budget, taking into account such circumstances as Lessee deems appropriate and with due consideration of input from Manager regarding such revised budget; provided, however, that the revision of an Initial Operating Budget or Annual Operating Budget shall not be deemed a revocation of Manager’s authority with respect to such actions as Manager may have already taken

The Parties have agreed on an independent third party to act as an information gatekeeper (the “Gatekeeper”) through which # the Parties have worked, prior to the Effective Date, to identify the Initial Target, and # during the Research Term: ​ The costs of the Gatekeeper shall be shared equally by the Parties.

Additional Members may join the Company upon the vote of the Board, subject to [Section 9.5(b)(ii)].

Subject to the terms of the MSA, Patheon, with technical support from the client, will conduct process validation for commercial products consistent with the regulations and guidelines for the intended market. The Client will support the process validation program by supplying development details, technical Specifications and submission details. Following the initial process and packaging validation, Patheon and the Client will be responsible to periodically assess the validated state of the product and conduct revalidation as necessary.

The Borrower is insolvent or enters into bankruptcy process and fails to remedy or terminate the bankruptcy process within sixty (60) days upon the occurrence of such events.

Summary Process. Upon any Event of Default of Tenant, or the expiration or termination of this Lease, Landlord shall have the right of summary process under M.G.L.A. Chapter 239, and/or other applicable statues, and such other rights to recover possession as permitted by applicable Requirements.

Process Agent. If a party or its Credit Support Provider is or becomes organized outside the United States of America, then promptly upon written demand an agent for service of process in the United States reasonably satisfactory to the other party shall be irrevocably appointed by such party or its Credit Support Provider, as the case may be, and the other party shall be provided with a copy of such agent’s written acceptance of such appointment. Subject to the foregoing, for the purpose of [Section 13(c)]:

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