Common use of End of Royalty Obligation Clause in Contracts

End of Royalty Obligation. On a country-by-country basis, other than [***], Biogen Idec’s obligation to make royalty payments hereunder in such country will end on the expiration of the Reduced Royalty Period in such country. “Reduced Royalty Period” means, on a country by country basis, the period commencing upon the expiration of [***] in such country and ending when the [***].

End of Royalty Obligation. On a country-by-country basis, other than [***], Biogen Idec’s obligation to make royalty payments hereunder in such country will end on the expiration of the Reduced Royalty Period in such country. “Reduced Royalty Period” means, on a country by country basis, the period commencing upon the expiration of the [***] in such country and ending when the [***].

End of Royalty Obligation. On a country-by-country and Product-by-Product basis, other than [***], Biogen Idec’s obligation to make royalty payments hereunder for such Product in such country will end on the expiration of the Reduced Royalty Period in such country. “Reduced Royalty Period” means, on a country by country basis, the period commencing upon the expiration of the [***] for such Product in such country and ending when the [***].

End of Royalty Obligation. On a country-by-country and Product-by-Product basis, other than [***], Biogen IdecBiogen’s obligation to make royalty payments hereunder for such Product in such country will end on the expiration of the Reduced Royalty Period in such country. “Reduced Royalty Period” means, on a country by country basis, the period commencing upon the expiration of the [***] for such Product in such country and ending when the [***].