International Licensed Products. The duration of the LICENSEE’s obligation to pay ROYALTIES shall be determined on a country-by-country basis from the date of FIRST COMMERCIAL SALE to the date of expiration of all VALID CLAIMS.
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Samples: Jhu Agreement Number A40899 (Denali SPAC Holdco, Inc.), Exclusive License Agreement (BullFrog AI Holdings, Inc.), Exclusive License Agreement (BullFrog AI Holdings, Inc.)
International Licensed Products. The duration of the LICENSEE’s obligation to pay ROYALTIES shall be determined on a country-by-country basis from the date of FIRST COMMERCIAL SALE in a given country to the date of expiration of all VALID CLAIMSCLAIMS in such country.
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