Common use of No Royalty Reductions Clause in Contracts

No Royalty Reductions. Parties hereby agree that there will be no royalty reductions under any circumstance, including but not limited to the event in which Ono would have to grant compulsory licenses or obtain additional licenses under third party intellectual property rights related to the sale of Products.

Appears in 3 contracts

Samples: Contract Research and License Agreement (Merus N.V.), Contract Research and License Agreement, Contract Research and License Agreement (Merus B.V.)

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No Royalty Reductions. Parties hereby agree that there will be no royalty reductions under any circumstance, including but not limited to the event in which Ono would have to grant compulsory licenses or obtain additional licenses under third party intellectual property rights related to the sale of Products. [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

Appears in 1 contract

Samples: Contract Research and License Agreement (Merus N.V.)

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