Aggregate Limitation on Deduction Clause Samples

Aggregate Limitation on Deduction. Notwithstanding the foregoing, in no event will the deductions set forth in Section 5.4.3 through Section 5.4.5 reduce the royalties payable to Company with respect to a particular [***] in a given country to less than [***]% of the royalties that would otherwise be due pursuant to Section 5.4.1; provided, that [***]. In the event the Sublicense Agreement is assigned to ▇▇▇▇, Vertex will, consistent with Section 5.5, have the right to offset the full royalty payment made to ▇▇▇▇ under Section 6.3 of the Sublicense Agreement without regard to the limits on reductions set forth in this Section 5.4.6, and such limits or reductions will be applied to the royalty payments owed hereunder after the offset of such full royalty payments made to ▇▇▇▇.

Aggregate Limitation on Deduction. Notwithstanding the foregoing, in no event will the deductions set forth in Section 10.3.3 (Royalty Reductions) reduce the royalties payable to Licensor with respect to a particular Calendar Quarter in a given country or Region to less than