Common use of Abandonment of Suit Clause in Contracts

Abandonment of Suit. If either Stanford or ***** commences a suit and then wants to abandon the suit, it will give timely notice to the other party. The other party may continue prosecution of the suit after Stanford and ***** agree on the sharing of expenses and any recovery in the suit.

Appears in 19 contracts

Samples: Exclusive License Agreement, Exclusive License Agreement, Sample Agreement

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Abandonment of Suit. If either Stanford or ***** Forty Seven commences a suit and then wants to abandon the suit, it will give timely notice to the other party. The other party if it so desires may continue prosecution of the suit at its own expense, in which case after Stanford and ***** Forty Seven shall agree on the sharing of expenses and any recovery in the suit.

Appears in 3 contracts

Samples: Equity) Agreement (Forty Seven, Inc.), Equity) Agreement (Forty Seven, Inc.), Equity) Agreement (Forty Seven, Inc.)

Abandonment of Suit. If either Stanford or ***** Medicenna commences a suit and then wants to abandon the suit, it will give timely notice to the other party. The other party may continue prosecution of the suit after Stanford and ***** Medicenna agree on the sharing of expenses and any recovery in the suit.

Appears in 3 contracts

Samples: Exclusive Equity Agreement, Certain Confidential Information (Medicenna Therapeutics Corp.), Certain Confidential Information (Medicenna Therapeutics Corp.)

Abandonment of Suit. If either Stanford or ***** BioTrove commences a suit and then wants to abandon the suit, it will give timely notice to the other party. The other party may continue prosecution of the suit after Stanford and ***** BioTrove agree on the sharing of expenses and any recovery in the suit.

Appears in 2 contracts

Samples: Client and Billing Agreement (BioTrove, Inc.), Client and Billing Agreement (BioTrove, Inc.)

Abandonment of Suit. If either Stanford or ***** LogicBio commences a suit and then wants to abandon the suit, it will give timely notice to the other party. The other party may continue prosecution of the suit after Stanford and ***** LogicBio agree on the sharing of expenses and any recovery in the suit.

Appears in 2 contracts

Samples: Exclusive (Equity) Agreement (LogicBio Therapeutics, Inc.), Exclusive (Equity) Agreement (LogicBio Therapeutics, Inc.)

Abandonment of Suit. If either Stanford or ***** Epinomics commences a suit and then wants thereafter elects to abandon the suit, it will give timely notice to the other party. The other party may continue prosecution of the suit after Stanford and ***** Epinomics agree on the sharing of expenses and any recovery in the suit.

Appears in 2 contracts

Samples: 10x Genomics, Inc., 10x Genomics, Inc.

Abandonment of Suit. If either Stanford or ***** Fate commences a suit and then wants to abandon the suit, it will give timely notice to the other party. The other party may continue prosecution of the suit after Stanford and ***** Fate agree on the sharing of expenses and any recovery in the suit.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Fate Therapeutics Inc), Stock Purchase Agreement (Fate Therapeutics Inc)

Abandonment of Suit. If either Stanford or ***** Licensee commences a suit and then wants to abandon the suit, it will give timely notice to the other party. The other party may continue prosecution of the suit after Stanford and ***** Licensee agree on the sharing of expenses and any recovery in the suit.

Appears in 2 contracts

Samples: Exclusive (Equity) Agreement, Exclusive (Equity) Agreement

Abandonment of Suit. If either Stanford STANFORD or ***** GOOGLE commences a suit and then wants to abandon the suit, it will give timely notice to the other party. The other party may continue prosecution of the suit after Stanford STANFORD and ***** GOOGLE agree on the sharing of expenses and any recovery in the suit.

Appears in 2 contracts

Samples: License Agreement (Google Inc.), License Agreement (Google Inc.)

Abandonment of Suit. If either Stanford or ***** Graphite commences a suit and then wants to abandon the suit, it will give timely notice to the other partyparty prior to abandoning it. The other party may continue prosecution of the suit after Stanford and ***** the parties agree on the sharing of expenses and any recovery in the suit.

Appears in 2 contracts

Samples: Exclusive License Agreement (Graphite Bio, Inc.), Exclusive License Agreement (Graphite Bio, Inc.)

Abandonment of Suit. If either Stanford or ***** Company commences a suit and then wants to abandon the suit, it will give timely notice to the other party. The other party may continue prosecution of the suit after Stanford and ***** Company agree on the sharing of expenses and any recovery in the suit.

Appears in 2 contracts

Samples: Exclusive Agreement, Exclusive Agreement

Abandonment of Suit. If either Stanford or ***** Annexon commences a suit and then wants to abandon the suit, it will give timely notice to the other party. The other party may continue prosecution of the suit after Stanford and ***** Annexon agree on the sharing of expenses and any recovery in the suit.. For such purposes to “abandon” a suit means to abandon such suit with prejudice and without any settlement agreement with the adverse party. S05-304, S11-202: SMN Exclusive (Equity) Agreement

Appears in 2 contracts

Samples: Equity) Agreement (Annexon, Inc.), Equity) Agreement (Annexon, Inc.)

Abandonment of Suit. If either Stanford or ***** Surrozen commences a suit and then wants to abandon the suit without entering into a settlement with the counterparty to the suit, it will give timely [****] notice to the other party. The other party may continue prosecution of the suit after Stanford and ***** Surrozen agree on the sharing of expenses and any recovery in the suit.

Appears in 1 contract

Samples: Exclusive License Agreement (Consonance-HFW Acquisition Corp.)

Abandonment of Suit. If either Stanford or ***** Combangio commences a suit and then wants to abandon the suit, it will give timely notice to the other party. The other party may continue prosecution of the suit after Stanford and ***** Combangio agree on the sharing of expenses and any recovery in the suit.

Appears in 1 contract

Samples: Exclusive License Agreement (Kala Pharmaceuticals, Inc.)

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Abandonment of Suit. If either Stanford or ***** Alto commences a suit and then wants to abandon the suit, it will give timely notice to the other party. The other party may continue prosecution of the suit after Stanford and ***** Alto agree on the sharing of expenses and any recovery in the suit.

Appears in 1 contract

Samples: Exclusive License Agreement With Equity (Alto Neuroscience, Inc.)

Abandonment of Suit. If either Stanford or ***** Aditxt commences a suit and then wants to abandon the suit, it will give timely notice to the other party. The other party may continue prosecution of the suit after Stanford and ***** Aditxt agree on the sharing of expenses and any recovery in the suit.

Appears in 1 contract

Samples: Exclusive License Agreement With Equity (ADiTx Therapeutics, Inc.)

Abandonment of Suit. If either Stanford or ***** Atreca commences a suit and then wants to abandon the suit, it will give timely notice to the other party. The other party may continue prosecution of the suit after Stanford and ***** Atreca agree on the sharing of expenses and any recovery in the suit.

Appears in 1 contract

Samples: Atreca, Inc.

Abandonment of Suit. If either Stanford or ***** VIA commences a suit and then wants to abandon the suit, it will give timely notice to the other party. The other party may continue prosecution of the suit after Stanford and ***** VIA agree on the sharing of expenses and any recovery in the suit.

Appears in 1 contract

Samples: Client and Billing Agreement (Via Pharmaceuticals, Inc.)

Abandonment of Suit. If either Stanford or ***** Surrozen commences a suit and then wants to abandon the suit, it will give timely [****] notice to the other party. The other party may continue prosecution of the suit after Stanford and ***** Surrozen agree on the sharing of expenses and any recovery in the suit.. PAGE 19 OF 32 FILED LAST SAVED 3/22/2016 S13-348:MW EXCLUSIVE (EQUITY) AGREEMENT

Appears in 1 contract

Samples: Equity) Agreement (Consonance-HFW Acquisition Corp.)

Abandonment of Suit. If either Stanford or ***** Company commences a suit and then wants thereafter elects to abandon the suit, it will give timely notice to the other party. The other party may continue prosecution of the suit after at its own expense, in which event Stanford and ***** Company agree on the sharing of expenses and any recovery in the suitsuit in excess of litigation costs.

Appears in 1 contract

Samples: AbCellera Biologics Inc.

Abandonment of Suit. If either Stanford or ***** Xxxxxxx commences a suit and then wants to abandon the suit, it will give timely notice to the other party. The other party may continue prosecution of the suit after Stanford and ***** Xxxxxxx agree on the sharing of expenses and any recovery in the suit.

Appears in 1 contract

Samples: Exclusive License Agreement (Bionano Genomics, Inc.)

Abandonment of Suit. If either Stanford or ***** commences the Licensees commence a suit (or notifies a party that it will commence a suit) and then wants to abandon the suit, it will give timely notice to the other partyparties. The other party parties may continue prosecution of the suit after Stanford and ***** agree the parties negotiate in good faith to reach agreement on the sharing of expenses and any recovery in the suit.

Appears in 1 contract

Samples: Exclusive License Agreement (Regulus Therapeutics Inc.)

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