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Common use of Conditions of Assignment Clause in Contracts

Conditions of Assignment. Prior to any assignment, the following conditions must be met: (A) ImmuMetrix must give Stanford 30 days prior written notice of the assignment, including the new assignee’s contact information; and (B) the new assignee must agree in writing to Stanford to be bound by this Agreement; and (C) Stanford must have received a $[***] assignment fee.

Appears in 4 contracts

Samples: Exclusive Agreement (CareDx, Inc.), Merger Agreement (CareDx, Inc.), Merger Agreement (CareDx, Inc.)

Conditions of Assignment. Prior to any assignment, the following conditions must be met: (A) ImmuMetrix Medicenna must give Stanford 30 15 days prior written notice of the assignment, including the new assignee’s contact information; and (B) the new assignee must agree in writing to Stanford to be bound by this Agreement; and (C) Stanford must have received a $[***] assignment feefee unless the assignment is made to an Affiliate, in which case no assignment fee is due Stanford.

Appears in 2 contracts

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