Cross Royalties Sample Clauses

Cross Royalties. In the event Schering pays the First Milestone Payment and then terminates the development of a Ribozyme Product or Non- Ribozyme Product or terminates this Agreement pursuant to Section 18.2(c) or (f), and RPI proceeds with the development and marketing of such Ribozyme or Non-Ribozyme Product, RPI shall pay Schering a royalty of [ ] with respect to Ribozyme Products or [ ] with respect to Non-Ribozyme Products on Net Sales by RPI or any RPI assignee, Sublicensee or any successor in interest of RPI of such Ribozyme or Non-Ribozyme Product that are claimed by one or more issued patents or patent applications in Developed Technology jointly or solely owned by Schering. In all circumstances, RPI shall pay all royalties due pursuant to any Third Party. Royalties will be paid on the Net Sales of each such Ribozyme or Non-Ribozyme Product for a period from the date of the first commercial sale by RPI of such Ribozyme or Non-Ribozyme Product on a country-by-country basis until the last to expire issued Live Claim in the Developed Technology which claims such Ribozyme or Non-Ribozyme Product, or in the case of a Live Claim in a pending patent application in Developed Technology until the earlier of (i) abandonment, cancellation, withdrawal or disclaiming of such Live Claim or (ii) the ten (10) year anniversary of filing such patent application or (iii) if parent of such patent application exists the ten (10) year anniversary of the filing of the earliest such patent application; provided however, if such pending Live Claim should subsequently issue, RPI's royalty obligation shall revive, and RPI shall pay Schering a royalty pursuant to this Section 9.6 ("RPI Royalty Term").
Sample 1
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Related to Cross Royalties

  • Royalties 8.1 In consideration of the license herein granted, LICENSEE shall pay royalties to LICENSOR as follows:

  • Running Royalties Company shall pay to JHU a running royalty as set forth in Exhibit A, for each LICENSED PRODUCT(S) sold, and for each LICENSED SERVICE(S) provided, by Company or AFFILIATED COMPANIES, based on NET SALES and NET SERVICE REVENUES for the term of this Agreement. Such payments shall be made quarterly. All non-US taxes related to LICENSED PRODUCT(S) or LICENSED SERVICE(S) sold under this Agreement shall be paid by Company and shall not be deducted from royalty or other payments due to JHU. In order to insure JHU the full royalty payments contemplated hereunder, Company agrees that in the event any LICENSED PRODUCT(S) shall be sold to an AFFILIATED COMPANY or SUBLICENSEE(S) or to a corporation, firm or association with which Company shall have any agreement, understanding or arrangement with respect to consideration (such as, among other things, an option to purchase stock or actual stock ownership, or an arrangement involving division of profits or special rebates or allowances) the royalties to be paid hereunder for such LICENSED PRODUCT(S) shall be based upon the greater of: 1) the net selling price (per NET SALES) at which the purchaser of LICENSED PRODUCT(S) resells such product to the end user, 2) the NET SERVICE REVENUES received from using the LICENSED PRODUCT(S) in providing a service, or 3) the net selling price (per NET SALES) of LICENSED PRODUCT(S) paid by the purchaser. No multiple royalties shall be due or payable because any LICENSED PRODUCT(S) or LICENSED SERVICE(S) is covered by more than one claim of the PATENT RIGHTS or by claims of both the PATENT RIGHTS under this Agreement and “PATENT RIGHTS” under any other license agreement between Company and JHU. The royalty shall not be cumulative based on the number of patents or claims covering a product or service, but rather shall be capped at the rate set forth in Exhibit A.

  • Earned Royalties Subject to of Article 7 hereof, Licensee shall pay to Licensor for the rights granted hereunder a sum equal to one and [*****] of the Net Invoice Value of Trademarked Products Sold by Licensee (the "Royalties"). The Royalties shall be remitted in accordance with Section 7.4 of this Agreement. 6.2

  • Minimum Royalties If royalties paid to Licensor do not reach the minimum royalty amounts stated in Section 3.3 of the Patent & Technology License Agreement for the specified periods, Licensee will pay Licensor on or before the Quarterly Payment Deadline for the last Contract Quarter in the stated period an additional amount equal to the difference between the stated minimum royalty amount and the actual royalties paid to Licensor.

  • Fees and Royalties The parties hereto understand that the fees and royalties payable by LICENSEE to UNIVERSITY under this Agreement are partial consideration for the license granted herein to LICENSEE under Patent Rights. LICENSEE shall pay UNIVERSITY:

  • Royalty Payments (i) Royalties shall accrue when Licensed Products are invoiced, or if not invoiced, when delivered to a third party or Affiliate.

  • Payments and Royalties 6.1 RIGEL shall upon the Effective Date:

  • One Royalty No more than one royalty payment shall be due with respect to a sale of a particular Licensed Product. No multiple royalties shall be payable because any Licensed Product, or its manufacture, sale or use is covered by more than one Valid Claim.

  • Earned Royalty In addition, Alnylam will pay Stanford earned royalties on Net Sales as follows:

  • Know-How Royalty Notwithstanding the provisions of Section 5.4.1(a), in countries where the sale of Product by Merck or its Related Parties would not infringe a Valid Patent Claim, Merck shall pay royalty rates that shall be set at [***] of the applicable royalty rate determined according to Section 5.4.1(a). Such royalties shall be calculated after first calculating royalties under Section 5.4.1(a).

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