Common use of Milestone Payments; Royalties Clause in Contracts

Milestone Payments; Royalties. Following any termination of this Agreement, Salix shall not be responsible for (a) any milestone payments for milestone events that are achieved under Section 7.1.2 following the effective date of such termination or (b) any royalty payments that accrue under Section 7.2 following the effective date of such termination, except in each case ((a) and (b)) with respect to any sales of the Licensed Product made by Salix, either itself or through an Affiliate, Sublicensee or Sublicensee’s Affiliate, pursuant to Section 13.8.1.

Appears in 2 contracts

Samples: And License Agreement, And License Agreement (Salix Pharmaceuticals LTD)

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Milestone Payments; Royalties. Following any termination of this AgreementAgreement in its entirety, Salix shall not be responsible for any (a) any milestone payments for milestone events that are achieved under Section 7.1.2 Sections 6.2 or 6.3 following the effective date of such termination or (b) any royalty payments that accrue under Section 7.2 6.5(a) following the effective date of such termination, except in each case ((a) and (b)) with respect unless and to any sales of the Licensed Product made by extent Salix, either itself or through an Affiliate, Sublicensee Affiliate or Sublicensee’s Affiliate, continues to sell Products pursuant to Section 13.8.110.7 or 10.8.

Appears in 1 contract

Samples: License Agreement (Salix Pharmaceuticals LTD)

Milestone Payments; Royalties. Following any termination of this Agreement, Salix shall not be responsible for (a) any milestone payments for milestone events that are achieved under Section 7.1.2 7.3 or Section 7.4 following the effective date of such termination or (b) any royalty payments that accrue under Section 7.2 7.5 following the effective date of such termination, except in each case ((a) and (b)) with respect to any sales of the Licensed Product made by unless Salix, either itself or through an Affiliate, Sublicensee Affiliate or Sublicensee’s Affiliate, continues to sell Licensed Products pursuant to Section 13.8.113.7.1.

Appears in 1 contract

Samples: Collaboration Agreement (Salix Pharmaceuticals LTD)

Milestone Payments; Royalties. Following any termination of this AgreementAgreement in its entirety, Salix shall not be responsible for any (a) any milestone payments for milestone events that are achieved under Section 7.1.2 Sections 4.2 or 4.3 following the effective date of such termination or (b) any royalty payments that accrue under Section 7.2 4.5 (excluding Section 4.5(c)) following the effective date of such termination, except in each case ((a) and (b)) with respect to any sales of the Licensed Product made by unless Salix, either itself or through an Affiliate, Sublicensee Affiliate or Sublicensee’s Affiliate, continues to sell Licensed Products pursuant to Section 13.8.114.8 or 14.9.

Appears in 1 contract

Samples: License Agreement (Salix Pharmaceuticals LTD)

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Milestone Payments; Royalties. Following any termination of this Agreement, Salix shall not be responsible for (a) any milestone payments for milestone events that are achieved under Section 7.1.2 following the effective date of such termination or (b) any royalty payments that accrue under Section 7.2 7.3 following the effective date of such termination, except in each case (both (a) and (b)) with respect to any sales of the Licensed Covered Product made by Salix, either itself or through an Affiliate, Sublicensee or Sublicensee’s Affiliate, pursuant to Section 13.8.1.

Appears in 1 contract

Samples: And License Agreement (Salix Pharmaceuticals LTD)

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