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: Within [ * ] after the [ * ] for the [ * ] [ * ] % Within [ * ] after the [ * ] for [ * ] [ * ] %

Appears in 2 contracts

Samples: Collaboration and License Agreement (Facet Biotech Corp), Collaboration and License Agreement (Trubion Pharmaceuticals, Inc)

AutoNDA by SimpleDocs

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: Within [ * ] after the [ * ] for the [ * ] [ * ] % Within [ * ] after the [ * ] for [ * ] [ * ] %]

Appears in 1 contract

Samples: Collaboration and License Agreement (Facet Biotech Corp)

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: Within [ * [*] after the [ * [*] for the [ * [*] [ * ] % Within [ * ] after the [ * ] for [ * ] [ * ] %[*]

Appears in 1 contract

Samples: Collaboration and License Agreement (Trubion Pharmaceuticals, Inc)

AutoNDA by SimpleDocs

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: Within [ * [*] after the [ * [*] for the [ * [*] [ * [*] % Within [ * [*] after the [ * [*] for [ * [*] [ * [*] %[*] [*]

Appears in 1 contract

Samples: Collaboration and License Agreement (Trubion Pharmaceuticals, Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!