Common use of Maximum Reduction Clause in Contracts

Maximum Reduction. The royalty owed to Company for sales of a Licensed Product or Royalty Bearing NGP, as applicable, shall not be reduced, *** by more than ***, provided that ***.

Appears in 3 contracts

Samples: Development and License Agreement (Immunomedics Inc), Development and License Agreement (Immunomedics Inc), Development and License Agreement (Immunomedics Inc)

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Maximum Reduction. The royalty owed to Company for sales of a Licensed Product or Royalty Bearing NGP, as applicable, shall not be reduced, [*** ] by more than [***], provided that [***].

Appears in 1 contract

Samples: Development and License Agreement (Seattle Genetics Inc /Wa)

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