Affiliate Sales. In the event that BGM transfers Subject Products to one of its Affiliates, there shall be no royalty due at the time of transfer. Subsequent sales of Subject Products by the Affiliate to end users (which are not Sublicensees) shall be reported as Net Sales hereunder by BGM.
Appears in 5 contracts
Samples: Sublicense Agreement (BG Medicine, Inc.), Sublicense Agreement (BG Medicine, Inc.), Product License and Collaboration Agreement (BG Medicine, Inc.)