Common use of Duration of Royalty Payments Clause in Contracts

Duration of Royalty Payments. With respect to Net Sales of any Product in any country in the Territory, royalties shall be paid hereunder with respect to Net Sales of such Product until [REDACTED] from the date of first commercial sale after Regulatory Approval of such Product in such country, but no longer than the duration of the Exclusive Period.

Appears in 4 contracts

Samples: Exclusive License and Supply Agreement (Icn Pharmaceuticals Inc), Exclusive License and Supply Agreement (Icn Pharmaceuticals Inc), Exclusive License and Supply Agreement (Icn Pharmaceuticals Inc)

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Duration of Royalty Payments. With respect to Net Sales of any Product in any country in the Territory, royalties shall be paid hereunder with respect to Net Sales of such Product until [REDACTED] ten (10) years from the date of first commercial sale after Regulatory Approval of such Product in such country, but no longer than the duration of the Exclusive Period.

Appears in 3 contracts

Samples: Exclusive License and Supply Agreement (Icn Pharmaceuticals Inc), Exclusive License and Supply Agreement (Icn Pharmaceuticals Inc), Exclusive License and Supply Agreement (Ribapharm Inc)

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