Common use of Withdrawal of Enforcement Clause in Contracts

Withdrawal of Enforcement. If either Party brings an action under this Article 4 and subsequently ceases to pursue or withdraws from such action, it shall promptly notify the other Party and the other Party may substitute itself for the withdrawing party under the terms of this Article 4.

Appears in 2 contracts

Samples: Technology License Agreement (Guilford Pharmaceuticals Inc), Technology License Agreement (Guilford Pharmaceuticals Inc)

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Withdrawal of Enforcement. If either Party brings an action under this Article 4 Sections 4.1 through 4.7, and such Party subsequently ceases to pursue or withdraws from such action, it shall promptly notify the other Party and the other Party may may, to the extent permitted by Law, substitute itself for the withdrawing party under the terms of this Article ARTICLE 4.

Appears in 1 contract

Samples: Technology License Agreement (Dynavax Technologies Corp)

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Withdrawal of Enforcement. If either Party brings an action under this Article ARTICLE 4 and subsequently ceases to pursue or withdraws from such action, it shall promptly notify the other Party and the other Party may substitute itself for the withdrawing party under the terms of this Article ARTICLE 4, provided that such substitution would not constitute a breach of Licensor’s obligations to any Third Party Licensor.

Appears in 1 contract

Samples: Technology License Agreement (Exelixis Inc)

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