Milestone Events. Subject to the remainder of this Section 4.2, Licensee shall pay to Licensor the following one time (for each Product), non-refundable sales milestone payments set forth in the table below when the aggregated annual Net Sales of each Product sold in the Territory in a calendar year first reach the corresponding threshold value indicated below. 1) Equal or exceed $ [***] $ [***] 2) Equal or exceed $ [***] $ [***] 3) Equal or exceed $ [***] $ [***]
Appears in 2 contracts
Samples: License Agreement (RayzeBio, Inc.), License Agreement (RayzeBio, Inc.)
Milestone Events. Subject to the remainder of this Section 4.24.4, Licensee shall pay to Licensor the following one time (for each Product)one-time, non-refundable sales milestone payments set forth in the table below when the aggregated annual Net Sales of each the Product sold in the Territory in a calendar year first reach the corresponding threshold value indicated below. 1) . Equal or exceed $ [***] $ [***] 2) Equal or exceed $ [***] $ [***] 3) Equal or exceed $ [***] $ [[ ***]
Appears in 1 contract
Samples: License Agreement (Genelux Corp)
Milestone Events. Subject to the remainder of this Section 4.24.3, Licensee shall pay to Licensor the following one time (for each Product)one-time, non-refundable [***] sales milestone payments set forth in the table below when the aggregated annual Net Sales of each all the Product sold in the Territory in a calendar year Calendar Year by Licensee, its Affiliates, and its Sublicensees (subject to Section 4.3(b)) first reach the corresponding threshold value indicated below. 1) Equal or exceed $ [***] $ [***] 2) Equal or exceed $ [***] $ [***] 3) Equal or exceed $ [***] $ [***] [***] [***]
Appears in 1 contract
Milestone Events. Subject to the remainder of this Section 4.2, Licensee shall pay to Licensor the following one time (for each Product), non-refundable sales milestone payments set forth in the table below when the aggregated annual Net Sales of each Product sold in the Territory in a calendar year first reach the corresponding threshold value indicated below. 1) Equal or exceed $ $[***] $ [***] 2) Equal or exceed $ [***] $ [***] 3) Equal or exceed $ [***] $ [[ ***]
Appears in 1 contract
Samples: License Agreement (RayzeBio, Inc.)