Common use of DFCI’s Right To Join Clause in Contracts

DFCI’s Right To Join. DFCI independently has the right to join any lawsuit brought by LICENSEE under this Section 7.2 and shall, in such case, fund a pro rata share of the cost of the legal proceeding from the date of joining. If DFCI elects to join as a party plaintiff pursuant to this Section 7.2.4, DFCI may jointly participate in the action with LICENSEE, but LICENSEE will have the right to designate lead counsel.

Appears in 2 contracts

Samples: License Agreement (Fibrogen Inc), License Agreement (Fibrogen Inc)

AutoNDA by SimpleDocs

DFCI’s Right To Join. DFCI independently has the right to join any lawsuit legal proceeding brought by LICENSEE Licensee under this Section 7.2 7.3 and shall, in such case, fund a pro rata share up to fifty percent (50%) of the cost of the legal proceeding from the date of joining. If DFCI elects to join as a party plaintiff pursuant to this Section 7.2.4paragraph 7.3, DFCI may jointly participate in the action with LICENSEELicensee, but LICENSEE Licensee’s counsel will have the right to designate be lead counsel.

Appears in 2 contracts

Samples: Exclusive License Agreement, Exclusive License Agreement (Aveo Pharmaceuticals Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!