Common use of Purchase Right Clause in Contracts

Purchase Right. (A) Stanford shall have the right, but not the obligation, to purchase for cash up to its Share of the securities issued in any Qualifying Offering on the terms, and subject to the conditions, set forth in this Section 7.4 and Section 7.5 (the “Purchase Right”). For purposes of this Section 7.4 and Section 7.5:

Appears in 16 contracts

Samples: Exclusive License Agreement With Equity (Alto Neuroscience, Inc.), Equity) Agreement (Consonance-HFW Acquisition Corp.), Certain Confidential (Akoya Biosciences, Inc.)

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Purchase Right. (A) Stanford shall have the right, but not the obligation, to purchase for cash up to its Share of the securities issued in any Qualifying Offering on the terms, and subject to the conditions, set forth in this Section 7.4 and Section 7.5 (the “Purchase Right”). For purposes of this Section 7.4 and Section 7.5Agreement:

Appears in 9 contracts

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

Purchase Right. (A) Stanford shall have the right, but not the obligation, to purchase for cash up to its Share of the securities issued in any Qualifying Offering on the terms, and subject to the conditions, set forth in this Section 7.4 and Section 7.5 (the “Purchase Right”). For purposes of this Section 7.4 and Section 7.5:: [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.

Appears in 4 contracts

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

Purchase Right. (A) Stanford shall have the right, but not the obligation, to purchase for cash up to its Share of the securities issued in any Qualifying Offering on the terms, and subject to the conditions, set forth in this Section 7.4 7.2 and Section 7.5 7.3 (the “Purchase Right”). For purposes of this Section 7.4 7.2 and Section 7.57.3:

Appears in 3 contracts

Samples: Exclusive License Agreement (Consonance-HFW Acquisition Corp.), Exclusive Agreement (Bolt Biotherapeutics, Inc.), Exclusive License Agreement

Purchase Right. (A) Stanford shall have the right, but not the obligation, to purchase for cash up to its Share of the securities issued in any Qualifying Offering on the terms, and subject to the conditions, set forth in this Section 7.4 7.2 and Section 7.5 7.3 (the “Purchase Right”). For purposes of this Section 7.4 7.2 and Section 7.57.3:

Appears in 2 contracts

Samples: Exclusive Agreement, Exclusive Agreement

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Purchase Right. (A) Stanford shall have the right, but not the obligation, to purchase for cash up to its Share of the securities issued in any Qualifying Offering on the terms, and subject to the conditions, set forth in this Section 7.4 and Section 7.5 7.2 (the "Purchase Right"). For purposes of this Section 7.4 and Section 7.5Agreement:

Appears in 1 contract

Samples: License Assignment Agreement (Vivus Inc)

Purchase Right. (A) Stanford shall have the right, but not the obligation, to purchase for cash up to its Share of the securities issued in any Qualifying Offering on the terms, and subject to the conditions, set forth in this Section 7.4 7.2 and Section 7.5 7.3 (the “Purchase Right”). For purposes of this Section 7.4 7.2 and Section 7.5:7.3: ​

Appears in 1 contract

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

Purchase Right. (A) Stanford shall have the right, but not the obligation, to purchase for cash up to [*] (its Share “Share”) of the securities issued by Lyell in any the next Qualifying Offering Offering, on the terms, and subject to the conditions, set forth in this Section 7.4 4.9 and Section 7.5 4.10 (the “Purchase Right”). For purposes of this Section 7.4 and Section 7.5:.

Appears in 1 contract

Samples: License Agreement (Lyell Immunopharma, Inc.)

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