Firstly, what is the purpose of a give way command?
A give way command is issued to an aircraft to provide safe separation on aircraft on the ground when taxing to or from the runway.
An example of when this is used is when two taxiways merge or two aircraft are taxing on parallel taxiways.
When a controller issues a give way command to you as you are taxing, it will be to give way to an aircraft either ahead, left, right or exiting a specific runway. When this command is issued slow down and yield to the other aircraft.
Once the aircraft that you are giving way to is clear you may then continue your taxi without any further permission required from ATC.
The reason why I decided to make this topic, is because when controlling on the Expert Server, I have seen numerous pilots react to the give way command as a hold position command, and they will not continue their taxi until instructed to do so.
This is incorrect procedure and you are free to continue your taxi once the aircraft that you have been instructed to give way to is clear.
Happy landings! :)