Common use of Adjustment Due to Average Test Fee Collected Clause in Contracts

Adjustment Due to Average Test Fee Collected. The Minimum Payments set forth in Section 3.5(a) are based on an average annual Test Fee collected by Illumina and Sequenom in the amount of $[…***…] per NIPT Test. If the average Test Fee collected for a calendar year is lower than $[…***…] per NIPT Test by […***…]% or more, then the Minimum Payment for the calendar year shall be adjusted downward by multiplying the then current Minimum Payment amount by the quotient of the average Test Fee actually collected and subject to sharing between Illumina and Sequenom during that calendar year divided by […***…].

Adjustment Due to Average Test Fee Collected. The Minimum Payments set forth in Section 3.5(a) are based on an average annual Test Fee collected by Illumina and Sequenom in the amount of $[…***…] per NIPT Test. If the average Test Fee collected for a calendar year is lower than $[…***…] per NIPT Test by […***…]% or more, then the Minimum Payment 38 for the calendar year shall be adjusted downward by multiplying the then current Minimum Payment amount by the quotient of the average Test Fee actually collected and subject to sharing between Illumina and Sequenom during that calendar year divided by […***…].

Adjustment Due to Average Test Fee Collected. The Minimum Payments set forth in Section 3.5(a) are based on an average annual Test Fee collected by Illumina and Sequenom in the amount of $[…***…] per NIPT Test. If the average Test Fee collected for a calendar year is lower than $[…***…] per NIPT Test by […***…]% or more, then the Minimum Payment ***Confidential Treatment Requested 39 for the calendar year shall be adjusted downward by multiplying the then current Minimum Payment amount by the quotient of the average Test Fee actually collected and subject to sharing between Illumina and Sequenom during that calendar year divided by […***…].

Adjustment Due to Average Test Fee Collected. The Minimum Payments set forth in Section 3.5(a) are based on an average annual Test Fee collected by CONFIDENTIAL TREATMENT REQUESTED; CERTAIN INFORMATION OMITTED AND FILED SEPARATELY WITH THE SEC. Illumina and Sequenom in the amount of $[…***…] per NIPT Test. If the average Test Fee collected for a calendar year is lower than $[…***…] per NIPT Test by […***…]% ] or more, then the Minimum Payment for the calendar year shall be adjusted downward by multiplying the then current Minimum Payment amount by the quotient of the average Test Fee actually collected and subject to sharing between Illumina and Sequenom during that calendar year divided by […***…].