Net Sales Royalty. During the term of this Agreement the Company or Affiliates will pay to UWMRF a running royalty of Net Sales on a country by country basis and only related to any Patent Product or Other Product, as applicable, for which there is either a then valid claim in a Licensed Patent in such country covering such Licensed Product or sold in a country in which market exclusivity period granted by a regulatory agency or any legal right granted by a regulatory authority in such country to market and sell the Licensed Product, in each case as follows:
Net Sales Royalty. ASTRA will pay to CENTAUR royalty based on the Net Sales ----------------- of Licensed Product as follows:
Net Sales Royalty. If the Net Sales Threshold applicable to a Net Sales Period is achieved during such Net Sales Period, Purchaser shall pay to FLH, as additional consideration for the Acquired Assets transferred by FLH, a royalty of [***] of the lesser of (x) the Net Sales during such Net Sales Period in excess of the applicable Net Sales Threshold, if any, and (y) the difference between the Net Sales Cap and the applicable Net Sales Threshold for such Net Sales Period (the “Net Sales Royalty”). Purchaser shall pay the Net Sales Royalty, if any, within forty-five (45) Business Days following the end of such Net Sales Period. Concurrently with the payment of any Net Sales Royalty (or, if Purchaser believes that no such payment is due in respect of a Net Sales Period, within forty-five (45) Business Days following the end of such Net Sales Period), Purchaser shall deliver to FLH a written statement of Purchaser setting forth in reasonable detail a calculation of Net Sales during the immediately preceding Net Sales Period (each, a “Net Sales Statement”).
Net Sales Royalty. During the Royalty Term, Anchiano will pay to ADT royalties on a Product-by-Product and country-by-country basis on annual worldwide Net Sales for each Product during the applicable Royalty Term at the royalty rates (“Royalty Rates”) set forth below (the “Net Sales Royalty”): Annual Net Sales of RAS Inhibitor Products in the Territory Royalty Rate [***] [***] [***] [***] [***] [***] Annual Net Sales of PDE10 Inhibitor Products in the Territory Royalty Rate [***] [***] [***] [***] [***] [***]
Net Sales Royalty. During the Royalty Term, EQRx will pay to Xxxx royalties, on total annual Net Sales for all Licensed Products in the EQRx Territory during the applicable Royalty Term for a given Licensed Product in a given country at the royalty rates set forth below (the “Net Sales Royalty”): Total Annual Net Sales of all Licensed Products in the EQRx Territory Royalty Rate [***] [***] [***] [***] [***] [***]
Net Sales Royalty. 3.3.1 Hyseq shall pay Kirin a royalty equal to [***] of Net Sales billed or invoiced by Hyseq or its Affiliates or Sublicensees in the Hyseq Territory. CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.
Net Sales Royalty. On a Program-by-Program basis, Ipsen will pay to Exicure royalties on [***] and [***] basis on [***] worldwide Net Sales for all Licensed Products in such Program during the applicable Royalty Term at the royalty rates (“Royalty Rates”) set forth below (the “Net Sales Royalty”): [***] worldwide Net Sales of all Licensed Products in the Program Royalty Rate [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] - Certain portions of the exhibit have been omitted pursuant to Rule 601(b)(10) because it is both (i) not material to investors and (ii) information that the Company treats as private or confidential. EXECUTION VERSION The applicable Net Sales Royalty shall be calculated by reference to the [***] worldwide Net Sales of all Licensed Products in such Program in [***]. By way of example, in the first [***] of the [***], if the worldwide Net Sales of all Licensed Products in such Program for which royalties are due under this Section 8.5(a) were [***], the following royalty payment for the [***] would be payable under this Section 8.5(a): ([***]) + ([***]) + ([***]) + ([***]) + ([***]) = [***]. For clarity, once Xxxxx’x royalty obligations for [***], the [***] will be excluded from royalty calculations (including thresholds and ceilings). The Net Sales Royalty calculation will be delivered in writing by Ipsen to Exicure within [***] of each applicable [***] and will include, on a Program-by-Program basis, [***]. [***] Ipsen shall pay the associated payment [***]. For the avoidance of doubt, any failure or delay of Exicure in relation to invoicing Ipsen for a payment under this Section 8.5(a) shall not prejudice the rights of Exicure to receive the payment and shall only be relevant to the timing of receipt of such payment. Ipsen will pay the Net Sales Royalty in United States dollars by wire transfer to an account designated in writing by Exicure.
Net Sales Royalty. As further consideration to CFFT for the CFFT Funding and granting the license to the Study results, in the event that cumulative Net Sales by H-E, its Affiliates and sublicensees, if any, of the Product in the Field and in the Territory exceeds [*] (the “Milestone Amount”) during the period ending on the last day of the month in which the [*] occurs (the “Milestone Period”), H-E shall pay to CFFT the following additional royalties:
Net Sales Royalty. During the applicable Royalty Term, EQRx will pay to Hansoh royalties, on a Licensed Product-by-Licensed Product and country-by-country basis, on annual aggregate Net Sales for each Licensed Product in the EQRx Territory at the royalty rates set forth below(the “Net Sales Royalty”): Annual Net Sales of the Licensed Product in the EQRx Territory Royalty Rate [***] [***] [***] [***] [***] [***] [***] [***]
Net Sales Royalty. (a) Commencing on the Closing Date and continuing for a period of ten (10) years thereafter (the “Royalty Term”), Cumberland shall make royalty payments to KKUS on Net Sales of Product in accordance with the table below: Net Sales Range Royalty Rate | (% of Net Sales) From the Closing Date until expiration of all valid Territory patents covering the Product. 10% From expiration of all valid Territory patents covering the Product through generic entry of the Product 5%
