Common use of Computation of Royalties Clause in Contracts

Computation of Royalties. All sales of Collaboration Products ------------------------ between Warner and any of its Affiliates and sublicensees shall be disregarded for purposes of computing Net Sales and royalties under this Section 6.5, and in such instances royalties shall be payable only upon sales to unlicensed Third Parties. Nothing herein contained shall obligate either Party to pay the other Party more than one royalty on any unit of a Collaboration Product.

Appears in 2 contracts

Samples: Research and Development Agreement (Genvec Inc), Research and Development Agreement (Genvec Inc)

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Computation of Royalties. All sales of Collaboration Products ------------------------ between Warner and any of its Affiliates and sublicensees shall be disregarded for purposes of computing Net Sales and royalties under this Section 6.5, and in such instances royalties shall be payable only upon sales to unlicensed Third Parties. Nothing herein contained shall obligate either Party to pay the other Party more than one royalty on any unit of a Collaboration Product.

Appears in 2 contracts

Samples: Research and Development Agreement (Genvec Inc), Research and Development (Genvec Inc)

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