Common use of Cumulative Deductions Clause in Contracts

Cumulative Deductions. Notwithstanding the above, any royalty reduction made pursuant to Section 8.7.3 and/or Section 8.7.5 shall in no event reduce the applicable royalty rate for the respective Finished Product in the respective country to less than [*****] of the amounts determined pursuant to Section 8.7.1.

Appears in 3 contracts

Samples: Fourth Amendment and Restatement Agreement (CureVac N.V.), 2020 Cla Amendment and Restatement Agreement (CureVac N.V.), Collaboration and License Agreement (CureVac B.V.)

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Cumulative Deductions. Notwithstanding the above, any royalty reduction made pursuant to Section 8.7.3 and/or 8.4.3, Section 8.7.5 8.4.4 or Section 8.4.5 shall in no event reduce the applicable royalty rate for the respective Finished Licensed Product in the respective country jurisdiction to less than [*****] of the amounts determined pursuant to Section 8.7.18.4.1.

Appears in 2 contracts

Samples: Collaboration and License Agreement (Zai Lab LTD), Collaboration and License Agreement (Argenx Se)

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