Common use of Biovest Gross Revenue Clause in Contracts

Biovest Gross Revenue. Biovest shall pay to Company, or its assigns, a perpetual contingent payment equal to one percent (1.00%) of the Gross Revenue derived from the sale, license or other disposition of the Biovest Biologic Products received by Biovest or its Affiliates (the “Biovest Contingent Payment”). For the avoidance of doubt, no contingent payment is granted to Company hereunder with regard to any Biovest activity other than the Biovest Biologic Products, and no right, interest, or license to use any Biovest Biologic Product (or other product or intellectual property of Biovest or its Affiliates) is granted under this Agreement whatsoever.

Appears in 1 contract

Samples: Contingent Payment Agreement (Biovest International Inc)

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Biovest Gross Revenue. Biovest shall pay to Company, or its assigns, a perpetual contingent payment equal to one percent (1.00%) 49.76% of the Gross Revenue derived from the sale, license or other disposition of the Aggregate Biovest Biologic Products received by Biovest or its Affiliates Contingent Payment (the “Biovest Contingent Payment”). For the avoidance of doubt, no contingent payment right is granted to Company hereunder with regard to any Biovest activity other than the Biovest Biologic Products, and no right, interest, or license to use any Biovest Biologic Product (or other product or intellectual property of Biovest or its Affiliates) is granted under this Agreement whatsoever.

Appears in 1 contract

Samples: Contingent Payment Agreement (Biovest International Inc)

Biovest Gross Revenue. Biovest shall pay to Company, or its assigns, a perpetual contingent payment equal to one percent (1.00%) 2.08% of the Gross Revenue derived from the sale, license or other disposition of the Aggregate Biovest Biologic Products received by Biovest or its Affiliates Contingent Payment (the “Biovest Contingent Payment”). For the avoidance of doubt, no contingent payment right is granted to Company hereunder with regard to any Biovest activity other than the Biovest Biologic Products, and no right, interest, or license to use any Biovest Biologic Product (or other product or intellectual property of Biovest or its Affiliates) is granted under this Agreement whatsoever.

Appears in 1 contract

Samples: Contingent Payment Agreement (Biovest International Inc)

Biovest Gross Revenue. Biovest shall pay to Company, or its assigns, a perpetual contingent payment equal to one percent (1.00%) 13.28% of the Gross Revenue derived from the sale, license or other disposition of the Aggregate Biovest Biologic Products received by Biovest or its Affiliates Contingent Payment (the “Biovest Contingent Payment”). For the avoidance of doubt, no contingent payment right is granted to Company hereunder with regard to any Biovest activity other than the Biovest Biologic Products, and no right, interest, or license to use any Biovest Biologic Product (or other product or intellectual property of Biovest or its Affiliates) is granted under this Agreement whatsoever.

Appears in 1 contract

Samples: Contingent Payment Agreement (Biovest International Inc)

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Biovest Gross Revenue. Biovest shall pay to Company, or its assigns, a perpetual contingent payment equal to one percent (1.00%) 8.96% of the Gross Revenue derived from the sale, license or other disposition of the Aggregate Biovest Biologic Products received by Biovest or its Affiliates Contingent Payment (the “Biovest Contingent Payment”). For the avoidance of doubt, no contingent payment right is granted to Company hereunder with regard to any Biovest activity other than the Biovest Biologic Products, and no right, interest, or license to use any Biovest Biologic Product (or other product or intellectual property of Biovest or its Affiliates) is granted under this Agreement whatsoever.

Appears in 1 contract

Samples: Contingent Payment Agreement (Biovest International Inc)

Biovest Gross Revenue. Biovest shall pay to Company, or its assigns, a perpetual contingent payment equal to one percent (1.00%) 25.92% of the Gross Revenue derived from the sale, license or other disposition of the Aggregate Biovest Biologic Products received by Biovest or its Affiliates Contingent Payment (the “Biovest Contingent Payment”). For the avoidance of doubt, no contingent payment right is granted to Company hereunder with regard to any Biovest activity other than the Biovest Biologic Products, and no right, interest, or license to use any Biovest Biologic Product (or other product or intellectual property of Biovest or its Affiliates) is granted under this Agreement whatsoever.

Appears in 1 contract

Samples: Contingent Payment Agreement (Biovest International Inc)

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