Withdrawing Party definition

Withdrawing Party has the meaning set forth in Section 2.7.
Withdrawing Party shall have the meaning set forth in Section 4.1(g).
Withdrawing Party means an Other Institution that either (a) notifies the other Party(ies) that it elects to not pay or to discontinue paying all or some portion of its future Share of Patent Expenses in accordance with Sections 2.2, 4.1(b) or 4.1(c), including declining to pay expenses in excess of the Patent Expense Notice Level set forth in the Transaction Terms, or (b) defaults in its obligation to pay its Share of Patent Expenses and does not cure such default within 30 days of written notice of the default.

Examples of Withdrawing Party in a sentence

  • A Withdrawing Party and Other Withdrawing Parties shall bear all expenses associated with their withdrawal and the transfer of their Working Interest.

  • The Withdrawing Party and Other Withdrawing Parties are not required to return to the Remaining Parties Confidential Data acquired prior to the effective date of the withdrawal.

  • If notwithstanding the discussion pursuant to section 18.2, the Withdrawing Party still intends to withdraw, such Party shall provide each of the Parties with a written notice of withdrawal.

  • The chief executive officer or equivalent executive of the Parties, including the Withdrawing Party, shall promptly discuss the reasons for the Withdrawing Party’s withdrawal to determine whether this Agreement can be amended in a manner that is acceptable to all of the Parties.

  • All liens, charges, and other encumbrances, including but not limited to overriding royalties, net profits interest and production payments, which the Withdrawing Party and Other Withdrawing Parties placed (or caused to be placed) on their Working Interest shall be fully satisfied or released prior to the effective date of its withdrawal (unless the Remaining Parties are willing to accept the Working Interest subject to those liens, charges, and other encumbrances).


More Definitions of Withdrawing Party

Withdrawing Party shall have the meaning specified in Section 2(c).
Withdrawing Party shall have the meaning specified in Section 2(c) of this Agreement.
Withdrawing Party means a party which has served, or which, under the terms of this Agreement, has been deemed to have served, a Withdrawal Notice on the other parties;
Withdrawing Party has the meaning given to that term in Clause 16.2; and
Withdrawing Party has the meaning specified in Article 19.3(i).
Withdrawing Party has the meaning set forth in Section 8.1. Certain confidential information contained in this document, marked by [**], has been omitted because ADC Therapeutics SA (ADCT) has determined that the information (i) is not material and (ii) would likely cause competitive harm to ADC Therapeutics SA (ADCT) if publicly disclosed.
Withdrawing Party has the meaning given to it in Clause 13.3 (Withdrawal of a Party).