Common use of Facet Royalties Clause in Contracts

Facet Royalties. Subject to Section 9.5(e) if Facet has exercised its Opt-Out Option pursuant to Section 7.2 Trubion shall pay Facet royalties on the Net Sales of Royalty Products during the applicable Royalty Period as follows: Date of Facet Opt-Out Notice: Royalty Rate: Within [ * ] after the [ * ] for the [ * ] [ * ] % Within [ * ] after the [ * ] for [ * ] [ * ] %

Facet Royalties. Subject to Section 9.5(e) if Facet has exercised its Opt-Out Option pursuant to Section 7.2 Trubion shall pay Facet royalties on the Net Sales of Royalty Products during the applicable Royalty Period as follows: Date of Facet Opt-Out Notice: Royalty Rate: Within [ * ] after the [ * ] for the [ * ] [ * ] % Within [ * ] after the [ * ] for [ * ] [ * ] %]

Facet Royalties. Subject to Section 9.5(e) ), if Facet has is deemed pursuant to Section 14.2(b) to have exercised its Opt-Out Option pursuant with respect to Section 7.2 all Products on account of an uncured material breach by Facet, Trubion shall pay Facet royalties on the Net Sales of Royalty Products during the applicable Royalty Period Period, as follows: Date of Facet Deemed Opt-Out NoticeOut: Royalty Rate: Within [ * [*] after the [ * [*] for the [ * [*] [ * [*] % Within [ * [*] after the [ * [*] for [ * [*] [ * [*] %[*] [*] *Confidential Treatment Requested.

Facet Royalties. Subject to Section 9.5(e) if Facet has exercised its Opt-Out Option pursuant to Section 7.2 Trubion shall pay Facet royalties on the Net Sales of Royalty Products during the applicable Royalty Period as follows: Date of Facet Opt-Out Notice: Royalty Rate: Within [ * [*] after the [ * [*] for the [ * [*] [ * ] % Within [ * ] after the [ * ] for [ * ] [ * ] %[*]