Common use of Net Sales Subject to Royalty Payments Clause in Contracts

Net Sales Subject to Royalty Payments. For purposes of determining whether a royalty threshold above has been attained, only Net Sales that are subject to a royalty payment shall be included in the total amount of Net Sales and any Net Sales that are not subject to a royalty payment shall be excluded. In addition, in no event shall the Manufacture of a Product give rise to a royalty obligation without a sale of such Product. For clarity, Company’s obligation to pay royalties to Licensor under this ARTICLE 6 is imposed only once with respect to the same unit of Product regardless of the number of Licensor Patents pertaining thereto.

Net Sales Subject to Royalty Payments. For purposes of determining whether a royalty threshold above has been attained, only Net Sales that are subject to a royalty payment shall be included in the total amount of Net Sales and any Net Sales that are not subject to a royalty payment shall be excluded. In addition, in no event shall the Manufacture manufacture of a Product give rise to a royalty obligation without a (provided that the final sale of such ProductProduct shall result in the royalty). For clarity, CompanyMerck’s obligation to pay royalties to Licensor Sutro under this ARTICLE 6 Article 7 is imposed only once with respect to the same unit of Product regardless of the number of Licensor Sutro Patents pertaining thereto.

Net Sales Subject to Royalty Payments. For purposes of determining whether a royalty threshold above has been attained, only Net Sales that are subject to a royalty payment shall be included in the total amount of Net Sales and any Net Sales that are not subject to a royalty payment shall be excluded. In addition, in no event shall the Manufacture manufacture of a Product give rise to a royalty obligation without a sale of such Product. For clarity, Company’s obligation to pay royalties to Licensor under this ARTICLE 6 is imposed only once with respect to the same unit of Product regardless of the number of Licensor Patents pertaining thereto.

Net Sales Subject to Royalty Payments. For purposes of determining whether a royalty threshold above or a commercial event milestone described in Section 8.4 has been attained, only Net Sales that are subject to a royalty payment shall be included in the total amount of Net Sales and any Net Sales that are not subject to a royalty payment shall be excluded. In addition, in no event shall the Manufacture manufacture of a Product give rise to a royalty obligation without a sale of such Productobligation. For clarity, CompanyMerck’s obligation to pay royalties to Licensor under this ARTICLE 6 8 is imposed only once with respect to the same unit of Product regardless of the number of Licensor Patents pertaining thereto.