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

  • If an Other Institution becomes a Withdrawing Party, then the other Party(ies) may elect to either terminate this Agreement by providing 30 days’ prior written notice, or to pay the Withdrawing Party’s Share of Patent Expenses (the “Covered Expenses”).


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(d) 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 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 that term in Clause 16.2; and
Withdrawing Party has the meaning given to such term in the DSC Terms and Conditions.