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 (Alto Neuroscience, Inc.), Exclusive (Equity) Agreement (Consonance-HFW Acquisition Corp.), Exclusive (Equity) Agreement (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: Exclusive (Equity) Agreement (Ceribell, Inc.), Exclusive (Equity) Agreement (Ceribell, Inc.), Exclusive (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 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. (This section will be included for all non-public companies) (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 License Agreement, 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

Purchase Right. [This section will be included for any non-public company] (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 1 contract

Samples: Exclusive License 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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