Calculation of Running Royalty. At the times and in the manner set forth in this Agreement, Licensee must pay to DUKE a non-refundable, non-creditable running royalty on Net Sales of Licensed Products, and Licensed Services (“Running Royalty”). The Running Royalty is calculated as follows:
Appears in 3 contracts
Samples: Editas Medicine, Inc., License Agreement (Editas Medicine, Inc.), License Agreement (Editas Medicine, Inc.)
Calculation of Running Royalty. At the times and in the manner set forth in this Agreement, Licensee must pay to DUKE a non-refundable, and non-creditable running royalty on Net Sales of Licensed Products, and Licensed Services (“Running Royalty”). The Running Royalty is calculated as follows:
Appears in 1 contract
Samples: License Agreement (Medifocus Inc.)
