Common use of Limit on Royalty Reductions Clause in Contracts

Limit on Royalty Reductions. Notwithstanding Sections 4.6.1(a)(ii), 4.6.1(b)(ii) or 4.6.1(c), in no event shall the royalties owed under Section 4.6.1(a)(i) or Section 4.6.1(b)(i), with respect to a Royalty-Bearing Product in a country be reduced by operation of Section 4.6.1(c), together with either Section 4.6.1(a)(ii) or Section 4.6.1(b)(ii), [***] percent ([***]%) of what would otherwise be owed under 4.6.1(a)(i) or Section 4.6.1(b)(i) with respect to such Royalty-Bearing Product in such country.

Limit on Royalty Reductions. Notwithstanding Sections 4.6.1(a)(ii), 4.6.1(b)(ii) or 4.6.1(c4.3.1(a)(ii), in no event shall the royalties owed under Section 4.6.1(a)(i) or Section 4.6.1(b)(i), Sections 4.3.1 with respect to a Royalty-Bearing Licensed Product in a country be reduced by operation of Section 4.6.1(cSections 4.3.1(a)(ii), together with either Section 4.6.1(a)(ii) or Section 4.6.1(b)(ii), [***] by more than * percent ([***]%) of what would otherwise be owed under 4.6.1(a)(i) or Section 4.6.1(b)(i) 4.3.1 with respect to such Royalty-Bearing Licensed Product in such country.

Limit on Royalty Reductions. Notwithstanding Sections 4.6.1(a)(ii), 4.6.1(b)(ii) or 4.6.1(cSection 4.4.1(a)(ii), in no event shall the royalties owed under Section 4.6.1(a)(i) or Section 4.6.1(b)(i4.4.1(a)(i), with respect to a Royalty-Bearing Product in a country be reduced by operation of Section 4.6.1(c4.4.1(b), together with either Section 4.6.1(a)(ii) or Section 4.6.1(b)(ii4.4.1(a)(ii), [***] percent ([***]%) of what would otherwise be owed under 4.6.1(a)(i) or Section 4.6.1(b)(i4.4.1(a)(i) with respect to such Royalty-Bearing Product in such country.

Limit on Royalty Reductions. Notwithstanding Sections 4.6.1(a)(ii), 4.6.1(b)(ii4.3.1(a)(ii) or 4.6.1(cand 4.3.1(a)(iii), in no event shall the royalties owed under Section 4.6.1(a)(i) or Section 4.6.1(b)(i), Sections 4.3.1 with respect to a Royalty-Bearing Licensed Product in a country be reduced by operation of Section 4.6.1(cSections 4.3.1(a)(ii) and 4.3.1(a)(iii), together with either Section 4.6.1(a)(ii) or Section 4.6.1(b)(ii), [***] by more than * percent ([***]%) of what would otherwise be owed under 4.6.1(a)(i) or Section 4.6.1(b)(i) 4.3.1 with respect to such Royalty-Bearing Licensed Product in such country.