Common use of Accrual of Royalties Clause in Contracts

Accrual of Royalties. No royalty shall be payable on a Licensed Product made, sold, or used for tests or development purposes or distributed as samples. No royalties shall be payable on sales among COMPANY, its Affiliates and sublicensees, but royalties shall be payable on subsequent sales by COMPANY, its Affiliates or sublicensees to a third party. No multiple royalty shall be payable because the manufacture, use or sale of a Licensed Product is covered by more than one Valid Claim or at least one Valid Claim and the Licensed Technology.

Appears in 4 contracts

Samples: License Agreement (Gilead Sciences Inc), License Agreement (Triangle Pharmaceuticals Inc), License Agreement (Triangle Pharmaceuticals Inc)

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Accrual of Royalties. No royalty shall be payable on a Licensed Product made, sold, or used for tests testing or development purposes or distributed as samples, provided such samples are sold by Licensee (or its Sublicensee) at cost. No royalties shall be payable on sales sale among COMPANY, Licensee and its Affiliates and sublicenseesSublicensees, but royalties shall be payable on subsequent sales by COMPANY, Licensee or its Affiliates or sublicensees Sublicensees to a third partyThird Party. No multiple royalty shall be payable because the manufacture, use use, or sale of a Licensed Product is covered by more than one Valid Claim or at least one Valid Claim and the Licensed TechnologyClaim.

Appears in 3 contracts

Samples: License Agreement (Keryx Biopharmaceuticals Inc), License Agreement (Keryx Biopharmaceuticals Inc), License Agreement (Keryx Biopharmaceuticals Inc)

Accrual of Royalties. No royalty shall be payable on a Licensed Product made, sold, or used for tests research or development clinical testing purposes or distributed as samples. No royalties shall be payable on sales among COMPANY, its Affiliates and sublicensees, but royalties shall be payable on subsequent sales provided such samples are sold by COMPANY, its Affiliates or sublicensees to a third partySublicensee at cost. No multiple royalty shall be payable because the manufacture, use use, or sale of a Licensed Product is covered by more than one Valid Claim or at least one Valid Claim and the Licensed TechnologyClaim.

Appears in 3 contracts

Samples: Sublicense Agreement (Keryx Biopharmaceuticals Inc), Sublicense Agreement (Keryx Biopharmaceuticals Inc), Sublicense Agreement (Keryx Biopharmaceuticals Inc)

Accrual of Royalties. No royalty shall be payable on a Licensed Product made, sold, or used for tests or development purposes purposes, or distributed as samples. No royalties shall be payable on sales among COMPANYTriangle, its Affiliates and sublicensees, but royalties shall be payable on subsequent sales by COMPANYTriangle, its Affiliates or sublicensees to a third party. No multiple royalty shall be payable because the manufacture, use use, offer for sale, sale or sale import of a Licensed Product is covered by more than one Valid Claim or by at least one Valid Claim and the Licensed TechnologyBukwang Know-How.

Appears in 3 contracts

Samples: License Agreement (Pharmasset Inc), License Agreement (Pharmasset Inc), License Agreement (Triangle Pharmaceuticals Inc)

Accrual of Royalties. No royalty shall be payable on a Licensed Product made, sold, or used for tests testing or development purposes or distributed as samples, provided such samples are sold by Licensee (or its Sublicensee) at cost. No royalties shall be payable on sales among COMPANY, Licensee and its Affiliates and sublicenseesSublicensees, but royalties shall be payable on subsequent sales by COMPANY, Licensee or its Affiliates or sublicensees Sublicensees to a third partyThird Party. No multiple royalty shall be payable because the manufacture, use use, or sale of a Licensed Product is covered by more than one Valid Claim or at least one Valid Claim and the Licensed TechnologyClaim.

Appears in 2 contracts

Samples: License Agreement (Keryx Biopharmaceuticals Inc), License Agreement (Keryx Biopharmaceuticals Inc)

Accrual of Royalties. No royalty shall be payable on a Licensed Product made, sold, sold or used for tests testing or development purposes or distributed as samples, provided such samples are sold by Licensee or Licensor (as applicable) or their respective Sublicensee at cost. No royalties shall be payable on sales among COMPANY, its Affiliates Licensee or Licensor (as applicable) and sublicenseestheir respective Sublicensees, but royalties shall be payable on subsequent sales by COMPANY, Licensee or its Affiliates or sublicensees Sublicensees to a third partyThird Party. No multiple royalty shall be payable because the manufacture, use use, or sale of a Licensed Product is covered by more than one Valid Claim or at least one Valid Claim and the Licensed TechnologyClaim.

Appears in 1 contract

Samples: License Agreement (Akebia Therapeutics, Inc.)

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Accrual of Royalties. No royalty shall be payable on a Licensed Product made, sold, or used for tests or development purposes or purposes, distributed as samples. No royalties shall be payable on sales among COMPANY, its Affiliates and sublicensees, but royalties shall be payable on subsequent sales by COMPANY, its Affiliates or sublicensees sold as part of an expanded access program or another early access initiative prior to a third partyApproval. No multiple royalty shall be payable because the manufacture, use or sale of a Licensed Product is covered by more than one Valid Claim or at least one is subject to both Know-How and a Valid Claim and the Licensed TechnologyClaim.

Appears in 1 contract

Samples: License Agreement (BioPharmX Corp)

Accrual of Royalties. No royalty shall be payable on a Licensed due or owing from the use or distribution of the Product madein transactions where no consideration is received by Licensee, sold, or such as when the Product is used for tests or development purposes or distributed as samplesDevelopment purposes. No royalties shall be payable on sales among COMPANY, between Licensee and its Affiliates and sublicenseesSublicensees, but royalties shall be payable on subsequent sales by COMPANY, its Affiliates or sublicensees to a third party. No multiple royalty shall be payable because the manufacture, use or sale of a Licensed Product is covered by more than one Valid Claim or at least one Valid Claim and the Licensed Technologyany such Sublicensee.

Appears in 1 contract

Samples: License Agreement (Oxygen Biotherapeutics, Inc.)

Accrual of Royalties. No royalty shall be payable on a Licensed Product made-------------------- distributed to Third Parties, soldwithout payment or at cost, or used solely for tests or development marketing and advertising purposes or distributed as samples. No royalties shall be payable on sales among COMPANY, its Affiliates and sublicensees, but royalties shall be payable on subsequent sales by COMPANY, its Affiliates a sample for testing or sublicensees to a third partyevaluation purposes. No multiple royalty shall be payable on a Product because the manufacture, use or sale of a Licensed such Product is covered by more than one Valid Claim or at least one Valid Claim and the Licensed TechnologyPatent Right.

Appears in 1 contract

Samples: License Agreement (Nexell Therapeutics Inc)

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