Common use of Duration of Other Product Royalties Clause in Contracts

Duration of Other Product Royalties. Royalties on Other Products shall be payable on a country-by-country and product-by-product basis for the longer of [***] years after the first bona fide commercial sale of an Other Product in a country or expiration of any market exclusivity period granted by a regulatory agency

Appears in 2 contracts

Samples: Exclusive License Agreement (Belite Bio, Inc), Exclusive License Agreement (Belite Bio, Inc)

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Duration of Other Product Royalties. Royalties on each particular Other Products shall be Product are payable on a country-by-country and product-by-product basis for the longer of [***] until fifteen (15) years after the first bona fide commercial sale of an such particular Other Product in a country or expiration of any market exclusivity period granted by a regulatory agencysuch country.

Appears in 1 contract

Samples: Exclusive License Agreement (Tonix Pharmaceuticals Holding Corp.)

Duration of Other Product Royalties. Royalties on Other Products shall be payable on a country-by-country and product-by-product basis for the longer of [***] twenty (20) years after the first bona fide commercial sale of an Other Product in a country or expiration of any market exclusivity period granted by a regulatory agency.

Appears in 1 contract

Samples: Discussion Purposes Only

Duration of Other Product Royalties. Royalties on Other Products shall be payable on a country-by-country and product-by-product basis for until the longer later of (i) [***] years after the first bona fide commercial sale of an Other a Product in a country, (ii) the expiration of the last to expire Valid Claim covering a Product in a country or (iii) expiration of any market exclusivity period granted by a regulatory agencyRegulatory Exclusivity covering such Product (the “Royalty Term”).

Appears in 1 contract

Samples: Exclusive License Agreement (Zogenix, Inc.)

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Duration of Other Product Royalties. Royalties on each particular Other Products shall be Product are payable on a country-by-country and product-by-product basis for until the longer later of [***] (i) fifteen (15) years after the first bona fide commercial sale of an such particular Other Product in a such country or (ii) expiration of any market exclusivity period granted by a regulatory agency.

Appears in 1 contract

Samples: Exclusive License Agreement (Tonix Pharmaceuticals Holding Corp.)

Duration of Other Product Royalties. Royalties on Other Products shall be payable on a country-by-country and product-by-product basis for the longer of [***] (i) ten (10) years after the first bona fide commercial sale of an Other Product in a country or (ii) expiration of any market exclusivity period granted by a regulatory agencyagency covering an Other Product. Portions of this agreement (indicated by “[***]”) have been omitted as the Registrant has determined that: (i) the omitted information is not material; and (ii) the omitted information is the type that the Registrant treats as private or confidential.

Appears in 1 contract

Samples: Exclusive License Agreement (Vor Biopharma Inc.)

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