No Exercise. If Praxis does not provide timely written notice and payment of the License Fee to Ionis under Section 5.2 prior to the Option Deadline, then Praxis’ Option will expire. In such a case:
Appears in 3 contracts
Samples: Certain Confidential (Praxis Precision Medicines, Inc.), Certain Confidential (Praxis Precision Medicines, Inc.), Certain Confidential (Praxis Precision Medicines, Inc.)