Common use of Economic Adjustments for Off-Label Sales Clause in Contracts

Economic Adjustments for Off-Label Sales. (a) Cynosure and Cynosure Affiliates each agrees to make payments to (i) Xxxxxxxx, (ii) any other Third Party to which Palomar has granted an exclusive sublicense under the Xxxxxxxx Patents in a field that in whole or in part falls within the Consumer Field, and (iii) Palomar (collectively, “Consumer Field Users”), as appropriate, in the manner set forth below, to compensate any of them for certain lost profits, if any, resulting from net off-label purchases during the Sublicense Term of Licensed Products commercialized pursuant to the sublicense to the Xxxxxxxx Patents granted to Cynosure and Cynosure Affiliates by Palomar under Section 2.1(a), for use in the Consumer Field.

Appears in 1 contract

Samples: Non Exclusive Patent (Palomar Medical Technologies Inc)

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Economic Adjustments for Off-Label Sales. (a) Cynosure Xxxx and Cynosure Xxxx Affiliates each agrees to make payments to (i) Xxxxxxxx, (ii) any other Third Party to which Palomar has granted an exclusive sublicense under the Xxxxxxxx Patents in a field that in whole or in part falls within the Consumer Field, and (iii) Palomar (collectively, “Consumer Field Users”), as appropriate, in the manner set forth below, to compensate any of them for certain lost profits, if any, resulting from net off-label purchases during the Sublicense Term of Licensed Products commercialized pursuant to the sublicense to the Xxxxxxxx Patents granted to Cynosure Xxxx and Cynosure Xxxx Affiliates by Palomar under Section 2.1(a)2.1, for use in the Consumer Field.

Appears in 1 contract

Samples: Non Exclusive Patent (Palomar Medical Technologies Inc)

Economic Adjustments for Off-Label Sales. (a) Cynosure and Cynosure Affiliates each agrees to make payments to (i) XxxxxxxxGxxxxxxx, (ii) any other Third Party to which Palomar has granted an exclusive sublicense under the Xxxxxxxx Axxxxxxx Patents in a field that in whole or in part falls within the Consumer Field, and (iii) Palomar (collectively, “Consumer Field Users”), as appropriate, in the manner set forth below, to compensate any of them for certain lost profits, if any, resulting from net off-label purchases during the Sublicense Term of Licensed Products commercialized pursuant to Non-Exclusive Patent License the sublicense to the Xxxxxxxx Axxxxxxx Patents granted to Cynosure and Cynosure Affiliates by Palomar under Section 2.1(a), for use in the Consumer Field.

Appears in 1 contract

Samples: Development and License Agreement (Cynosure Inc)

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Economic Adjustments for Off-Label Sales. (a) Cynosure Axxx and Cynosure Axxx Affiliates each agrees to make payments to (i) XxxxxxxxGxxxxxxx, (ii) any other Third Party to which Palomar has granted an exclusive sublicense under the Xxxxxxxx Axxxxxxx Patents in a field that in whole or in part falls within the Consumer Field, and (iii) Palomar (collectively, “Consumer Field Users”), as appropriate, in the manner set forth below, to compensate any of them for certain lost profits, if any, resulting from net off-label purchases during the Sublicense Term of Licensed Products commercialized pursuant to the sublicense to the Xxxxxxxx Axxxxxxx Patents granted to Cynosure Axxx and Cynosure Axxx Affiliates by Palomar under Section 2.1(a)2.1, for use in the Consumer Field.

Appears in 1 contract

Samples: Non Exclusive Patent License (Alma Lasers Ltd.)

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