Inter-Company Sales. Sales between or among Pfizer, its Affiliates and Sublicensees shall not be subject to royalties under Section 5; royalties shall only be calculated upon Net Sales to a Third Party that is not a Sublicensee. Pfizer shall be responsible for accounting for and paying milestone payments and royalties on Net Sales by its Affiliates and Sublicensees.
Appears in 2 contracts
Samples: License Agreement (Quark Pharmaceuticals Inc), License Agreement (Quark Biotech Inc)
Inter-Company Sales. Sales between or among Pfizer, its Affiliates and Sublicensees or sublicensees shall not be subject to royalties under Section 56; royalties shall only be calculated upon Net Sales provided that subsequent resale to a Third Party that (which resale is not a Sublicenseesale between or among Pfizer, its Affiliates or sublicensees) shall be subject to royalties under Section 6. Pfizer shall be responsible for accounting for and paying milestone payments and the payment of royalties on Net Sales by its Affiliates and Sublicenseesor sublicensees to Third Parties.
Appears in 1 contract
Samples: Option, License and Development Agreement (Lpath, Inc)
Inter-Company Sales. Sales between or among Pfizer, its Affiliates and Sublicensees or sublicensees shall not be subject to royalties under Section 5; royalties shall only be calculated upon Net Sales to a Third Party that is not a Sublicensee5.6. Pfizer shall be responsible for accounting for and paying milestone payments and the payment of royalties on Net Sales by its Affiliates and Sublicenseesor sublicensees to Third Parties.
Appears in 1 contract
Samples: License and Development Agreement (Avant Immunotherapeutics Inc)
