Accrual of Royalties. Royalties shall accrue when Licensed Products are sold or otherwise transferred by LICENSEE to a Third Party, and Licensed Products shall be considered when LICENSEE invoice is issued. LICENSEE shall make payments to LICENSOR in accordance with the requirements of Article VIII.
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Samples: License Agreement (Praecis Pharmaceuticals Inc), License Agreement (Praecis Pharmaceuticals Inc)
Accrual of Royalties. Royalties shall accrue when Licensed Products are sold or otherwise transferred by LICENSEE to a Third Party, and Licensed Products shall be considered sold when LICENSEE invoice is issued. LICENSEE shall make payments to LICENSOR in accordance with the requirements of Article VIII.
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Accrual of Royalties. Royalties shall accrue when Licensed Products are sold or otherwise transferred by LICENSEE to a Third Party, and Licensed CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. ASTERISKS (*) DENOTE SUCH OMISSIONS. Products shall be considered sold when LICENSEE invoice is issued. LICENSEE shall make payments to LICENSOR in accordance with the requirements of Article VIII.
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