Common use of Limitation on Royalty Deductions Clause in Contracts

Limitation on Royalty Deductions. Total royalty deductions under this Section 4.3 shall not exceed fifty percent (50%) of the amount due the licensor Party on account of Net Sales of the GDF-8 Licensed Product, for which royalty payments are owed.

Appears in 2 contracts

Samples: Cross License Agreement (MetaMorphix Inc.), Cross License Agreement (MetaMorphix Inc.)

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Limitation on Royalty Deductions. Total royalty deductions under this Section 4.3 7.4 shall not exceed fifty percent (50%) of the amount due the licensor Party on account of Net Sales of the GDF-8 Licensed Product or Other TGF-(beta) Product, for which royalty payments are owed.

Appears in 2 contracts

Samples: Collaboration Agreement (MetaMorphix Inc.), Collaboration Agreement (MetaMorphix Inc.)

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