Common use of Additional Royalty Provisions Clause in Contracts

Additional Royalty Provisions. The royalties payable under Section 4.3(a) will be subject to the following: (i) only one (1) royalty will be payable hereunder with respect to each Licensed Product unit; (ii) royalties when owed or paid hereunder will, except as provided in Section 4.3(d), be non-refundable and non-creditable and not subject to set-off (except as otherwise provided in Sections 2.8(a), 10.3(c) and 10.6 hereof, Section 17.6 of any Co-Development, Co-Promote and Profit Share Agreement, and Sections 4.1(e), 4.3 and 10.6 of the Master Collaboration Agreement); and (iii) except as expressly set forth in Sections 4.3(c), 4.3(d) and 4.3(e), no other royalty deductions are permitted hereunder.

Appears in 8 contracts

Samples: License Agreement (2seventy Bio, Inc.), License Agreement (2seventy Bio, Inc.), License Agreement (Bluebird Bio, Inc.)

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