Common use of Milestone Payments; Royalties Clause in Contracts

Milestone Payments; Royalties. Following any termination of this Agreement in its entirety, Salix shall not be responsible for any (a) milestone payments for milestone events that are achieved under Sections 6.2 or 6.3 following the effective date of such termination or (b) any royalty payments that accrue under Section 6.5(a) following the effective date of such termination, in each case ((a) and (b)) unless and to the extent Salix, itself or through an Affiliate or Sublicensee, continues to sell Products pursuant to Section 10.7 or 10.8.

Appears in 2 contracts

Samples: License Agreement (Salix Pharmaceuticals LTD), License Agreement (Progenics Pharmaceuticals Inc)

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Milestone Payments; Royalties. Following any termination of this Agreement in its entiretyAgreement, Salix shall not be responsible for any (a) any milestone payments for milestone events that are achieved under Sections 6.2 or 6.3 Section 7.1.2 following the effective date of such termination or (b) any royalty payments that accrue under Section 6.5(a) 7.2 following the effective date of such termination, except in each case ((a) and (b)) unless and with respect to any sales of the extent Licensed Product made by Salix, either itself or through an Affiliate Affiliate, Sublicensee or Sublicensee’s Affiliate, continues to sell Products pursuant to Section 10.7 or 10.813.8.1.

Appears in 2 contracts

Samples: Development, Commercialization and License Agreement, Development, Commercialization and License Agreement (Salix Pharmaceuticals LTD)

Milestone Payments; Royalties. Following any termination of this Agreement in its entiretyAgreement, Salix shall not be responsible for any (a) any milestone payments for milestone events that are achieved under Sections 6.2 Section 7.3 or 6.3 Section 7.4 following the effective date of such termination or (b) any royalty payments that accrue under Section 6.5(a) 7.5 following the effective date of such termination, in each case ((a) and (b)) unless and to the extent Salix, itself or through an Affiliate or Sublicensee, continues to sell Licensed Products pursuant to Section 10.7 or 10.813.7.1.

Appears in 1 contract

Samples: Collaboration Agreement (Salix Pharmaceuticals LTD)

Milestone Payments; Royalties. Following any termination of this Agreement in its entiretyAgreement, Salix shall not be responsible for any (a) any milestone payments for milestone events that are achieved under Sections 6.2 or 6.3 Section 7.1.2 following the effective date of such termination or (b) any royalty payments that accrue under Section 6.5(a) 7.3 following the effective date of such termination, except in each case (both (a) and (b)) unless and with respect to any sales of the extent Covered Product made by Salix, either itself or through an Affiliate Affiliate, Sublicensee or Sublicensee’s Affiliate, continues to sell Products pursuant to Section 10.7 or 10.813.8.1.

Appears in 1 contract

Samples: Development, Commercialization and License Agreement (Salix Pharmaceuticals LTD)

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Milestone Payments; Royalties. Following any termination of this Agreement in its entirety, Salix shall not be responsible for any (a) milestone payments for milestone events that are achieved under Sections 6.2 4.2 or 6.3 4.3 following the effective date of such termination or (b) any royalty payments that accrue under Section 6.5(a4.5 (excluding Section 4.5(c)) following the effective date of such termination, in each case ((a) and (b)) unless and to the extent Salix, itself or through an Affiliate or Sublicensee, continues to sell Licensed Products pursuant to Section 10.7 14.8 or 10.814.9.

Appears in 1 contract

Samples: License Agreement (Salix Pharmaceuticals LTD)

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