Co-Promotion Payments Sample Clauses

Co-Promotion Payments. 3.1 Co-Promotion Payments. For each of the three "Co-Promotion Measurement Periods" set forth in Schedule B attached hereto (each, a "Co-Promotion Measurement Period"), Digene agrees to pay to Cytyc payments equal to [*********************] percent ([****]%) of the amount by which Digene Product Revenues for such Co-Promotion Measurement Period exceed the total Digene Base Case for such Co-Promotion Measurement Period (collectively, "Co-Promotion Payments").

Co-Promotion Payments. For the purpose of determining the amount of any Co-Promotion payment due from Organon to Pfizer that is to be paid, by mutual agreement of the Parties, in some currency other than the local currency of the applicable Co-Promotion Country, the amount of the Co-Promotion Payment due shall first be computed in the relevant local currency and shall then be converted into the currency of payment at the spot rate of exchange for purchasing such payment currency with such local currency as published in the Financial Times five (5) Business Days before the date payment is made.

Co-Promotion Payments. Within [***] days after the end of each calendar quarter during the Term, Santarus shall pay to Co-Promotion Partner (by wire transfer of immediately available funds to an account designated by Co-Promotion Partner to Santarus in writing) an amount equal to [***] percent [***] (the "Royalty") multiplied by Net Sales in such quarter; provided, however, that the Royalty shall be adjusted as to the Net Sales in the month following the meeting of the triggers described below and paid at such adjusted Royalty thereafter during the Term, subject to a cap on Net Sales, as follows or as set forth in Section 3.1(a) or 3.2 hereunder. a. if Co-Promotion Partner has at least [***] percent [***] of the number of full-time sales representatives set forth in Section 3.2(a)(i), the Royalty shall be [***] percent [***], payable on Net Sales for each Contract Year ending December 31 up to [***] US Dollars (US$[***]); *** Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions. b. if Co-Promotion Partner has at least [***] percent [***] of the number of full-time sales representatives set forth in Section 3.2(a)(ii), the Royalty shall be [***] percent [***], payable on Net Sales for each Contract Year ending December 31 up to [***]US Dollars (US$[***]), and Santarus shall have the right to terminate this Agreement pursuant to Section 10.2(c) contingent upon Santarus having provided the Sales Force Expansion Notice to Co-Promotion Partner on or prior to [***] and Santarus' completion of its own expansion to [***] percent [***] of the number of full-time representatives to which it has committed under the Sales Force Expansion Notice within [***] months of receipt of the Sales Force Expansion Notice by Co-Promotion Partner; c. if Co-Promotion Partner has at least [***] percent [***] of the number of full-time sales representatives set forth in Section 3.2(b)(i), the Royalty shall be [***] percent [***], payable on Net Sales for each Contract Year ending December 31 up to [***] US Dollars (US$[***]); d. if Co-Promotion Partner has at least [***] percent [***] of the number of full-time sales representatives set forth in Section 3.2(b)(ii), the Royalty shall be [***] percent [***], payable on Net Sales for each Contract Year ending December 31 up to [***] US Dollars (US$[***]), and Santarus shall have the right to terminate this Agreement pursuant to Section 10.2(c)...

Co-Promotion Payments. Within forty five (45) days after each of March 31, 2006 June 30, 2006 and September 30, 2006 Ligand shall pay to Co-Promotion Partner (by wire transfer of immediately available funds to an account designated by Co-Promotion Partner to Ligand in writing) an amount equal to twenty three percent (23%) of Net Sales in the applicable calendar quarter.

Co-Promotion Payments. 8.3.1 As consideration for the Co-Promotion Activities performed by Sunovion hereunder, during the Repayment Term, Urovant shall, subject to Section 8.3.2, pay to Sunovion an amount equal to a percentage of Net Sales of the Product in the Territory during each calendar quarter [* * *] (each, a “Co-Promotion Payment”). [* * *] [* * *] [* * *] [* * *] [* * *] [* * *] For clarity, if the Product is withdrawn from the market or suspended by an Regulatory Authority (and such Product withdrawal or suspension is not caused in whole or in part by Sunovion) and Urovant subsequently starts commercializing the Product after such withdrawal or suspension, whether or not this Agreement was terminated or has expired and in addition to any other rights and remedies available to Sunovion, Urovant shall pay to Sunovion the Co-Promotion Payments until expiration of the Repayment Term. 8.3.2 Co-Promotion Payments for the “Time Period” that is on and after April 1, 2023 through March 31, 2024 shall not exceed [* * *]. Co-Promotion Payments in the aggregate during the Repayment Term shall not exceed the Payout Threshold. 8.3.3 Within thirty (30) days after the end of each calendar quarter, Urovant shall, subject to Section 8.3.2, pay to Sunovion each Co-Promotion Payment. Urovant shall, concurrent with any such payment, deliver a written report that sets forth the Net Sales, including a reasonable description of the deductions applied in connection therewith. Urovant shall use reasonable efforts to provide to Sunovion an estimate of Net Sales for the preceding calendar quarter by the third (3rd) Business Day after the end of such calendar quarter. Sunovion shall notify Urovant in writing of any disputed report within thirty (30) days of receipt of such report, and the Parties will resolve such Dispute promptly and in good faith. If such Dispute is not resolved within thirty (30) days of such Dispute notice, then either Party may refer such Dispute for resolution in accordance with Section 15.10.