Common use of Multiple Royalties Clause in Contracts

Multiple Royalties. No multiple royalties shall be due because any Licensed Product, Licensed Service or Licensed Process is covered by more than one of the Licensed Patent Rights. In such case, Licensee shall pay the highest applicable royalty actually owed to TSRI for such Licensed Patent Rights.

Appears in 2 contracts

Samples: Research Funding and Option Agreement (aTYR PHARMA INC), Research Funding and Option Agreement (aTYR PHARMA INC)

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Multiple Royalties. No multiple royalties shall be due because any Licensed Product, Licensed Service or Licensed Process Product is covered by more than one of the Licensed Patent RightsRights or patent claims therein. In such caseWith respect to a particular sale of a Licensed Product, Licensee shall pay the highest of the applicable royalty actually royalties owed to TSRI for such Licensed Patent Rightspursuant to Sections 3.3 and 3.4.

Appears in 1 contract

Samples: License Agreement (Verastem, Inc.)

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Multiple Royalties. No multiple royalties shall be due because any Licensed Product, Licensed Service Process or Licensed Process Service is covered by more than one of the Licensed Patent Rights. In such case, Licensee shall pay the highest applicable royalty actually of the royalties owed to TSRI for such Licensed Patent Rightspursuant to Sections 3.4-3.6 above.

Appears in 1 contract

Samples: License Agreement (Repligen Corp)

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