Common use of RECOURSE FOR [***] Clause in Contracts

RECOURSE FOR [***]. In the event that any Seller is liable to the Buyer in respect of [***]following the earlier of (i) exhaustion of the money standing to the credit of the Escrow Account and (ii) the Release Date, the Buyer’s [***] recourse for such liability shall be [***].

Appears in 3 contracts

Samples: License and Collaboration Agreement (Spring Bank Pharmaceuticals, Inc.), License and Collaboration Agreement (Denali Therapeutics Inc.), License and Collaboration Agreement (Denali Therapeutics Inc.)

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RECOURSE FOR [***]. [***] In the event that any Seller is liable to the Buyer in respect of [***]] following the earlier of (i) exhaustion of the money standing to the credit of the Escrow Account and (ii) the Release Date, the Buyer’s [***] recourse for such liability shall be [***].

Appears in 1 contract

Samples: Share Purchase Agreement (Spring Bank Pharmaceuticals, Inc.)

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