Creditable Payments. The license maintenance fee for a year may be offset against earned royalty payments due on Net Sales occurring in that year. For example: [***]
Appears in 2 contracts
Samples: Exclusive (Equity) Agreement (10x Genomics, Inc.), Exclusive (Equity) Agreement (10x Genomics, Inc.)
Creditable Payments. The license maintenance fee for a year may be offset against earned royalty payments due on Net Sales occurring in that year. For example: [***]:
Appears in 2 contracts
Samples: Merger Agreement (CareDx, Inc.), Merger Agreement (CareDx, Inc.)
Creditable Payments. The license maintenance fee for a year may be offset against earned royalty payments due on Net Sales occurring in that year, including the [*****]minimum fee. For example: [*****]
Appears in 1 contract
