Common use of Base Royalty Clause in Contracts

Base Royalty. LILLY shall pay RPI Royalties on the Net Sales of each Ribozyme Product for the Royalty Term according to the following schedule ("Base Royalties"). The following worldwide Annual Net Sales for each Royalty tier shall be adjusted annually relative to the Effective Date according to the CPI. Worldwide Annual Net Sales Royalty [ * ] [ * ] [ * ] [ * ] [ * ] [ * ] [ * ] [ * ] [ * ] Confidential treatment requested

Appears in 2 contracts

Samples: Research Collaboration and License Agreement (Ribozyme Pharmaceuticals Inc), Research Collaboration and License Agreement (Ribozyme Pharmaceuticals Inc)

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Base Royalty. LILLY shall pay RPI Royalties on the Net Sales of each Ribozyme Product for the Royalty Term according to the following schedule ("Base Royalties"). The following worldwide Annual Net Sales for each Royalty tier shall be adjusted annually relative to the Effective Date according to the CPI. Worldwide Annual Net Sales Royalty [ * ] [ * ] [ * ] [ * ] [ * ] [ * ] [ * ] [ * ] [ * ] Confidential treatment requested]

Appears in 1 contract

Samples: Research Collaboration and License Agreement (Ribozyme Pharmaceuticals Inc)

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Base Royalty. LILLY shall pay RPI Royalties on the Net Sales of each Ribozyme Product for the Royalty Term according to the following schedule ("Base Royalties"). The following worldwide Annual Net Sales for each Royalty tier shall be adjusted annually relative to the Effective Date according to the CPICPI . Worldwide Annual Net Sales Royalty [ * WORLDWIDE ANNUAL NET SALES ROYALTY [*] [ * [*] [ * [*] [ * [*] [ * [*] [ * [*] [ * [*] [ * ] [ * ] Confidential treatment requested[*]

Appears in 1 contract

Samples: Research Collaboration and License Agreement (Ribozyme Pharmaceuticals Inc)

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