Common use of NON-CUMULATIVE ROYALTIES Clause in Contracts

NON-CUMULATIVE ROYALTIES. Royalties shall be payable by Licensee with respect to all of its or sublicensees' Sales except for resale of such products purchased from Licensor. Royalties shall not become payable at the time of sale, transfer or disposal among Licensee and its sublicensees, but shall become payable only when Licensee or its sublicensees sell such products to a third party, except where such sales to a third party are not contemplated, in which event royalties shall be payable by Licensee when such sale, transfer or disposal among Licensee and its sublicensees occurs.

Appears in 2 contracts

Samples: License Agreement (Zymetx Inc), License Agreement (Bioenvision Inc)

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NON-CUMULATIVE ROYALTIES. Royalties shall be payable by Licensee with respect to all of its or sublicensees' Sales except for its Sublicensees’ Licensees’ resale of such any products purchased from Licensorpurchased. Royalties shall not become payable at the time of sale, transfer or disposal among from Licensee and to its sublicenseesSublicensees, but shall become payable only when Licensee or receives payment of royalties (after recovery of any prepaid royalties included in any Sublicense Initiation Fee) from its sublicensees sell Sublicensee with respect to such products to a third party, except where such sales to a third party are not contemplated, in which event royalties shall be payable by Licensee when such sale, transfer or disposal among Licensee and its sublicensees occursSublicensee’s Sales.

Appears in 1 contract

Samples: License Agreement (Renovis Inc)

NON-CUMULATIVE ROYALTIES. Royalties shall be payable by Licensee with respect to all of its or sublicensees' its Sublicensees’ Sales except for Licensees’ resale of such any products purchased from LicensorLicensors. Royalties shall not become payable at the time of sale, sublicense or transfer or disposal among from Licensee and to its sublicenseesSublicensees, but shall become payable only when Licensee or receives payment of royalties (after recovery of any prepaid royalties included in any Sublicense Initiation Fee) from its sublicensees sell Sublicensee with respect to such products to a third party, except where such sales to a third party are not contemplated, in which event royalties shall be payable by Licensee when such sale, transfer or disposal among Licensee and its sublicensees occursSublicensee’s Sales.

Appears in 1 contract

Samples: License Agreement (Renovis Inc)

NON-CUMULATIVE ROYALTIES. Royalties shall be payable by Licensee with respect to all of its or sublicensees' Net Sales except for resale of such products purchased from LicensorOMRF. Royalties shall not become payable at the time of sale, transfer or disposal among Licensee and its sublicensees, but shall become payable only when Licensee or its sublicensees sell such products to a third party, except where such sales to a third party are not contemplated, in which event royalties shall be payable by Licensee when such sale, transfer or disposal among Licensee and its sublicensees occurs.

Appears in 1 contract

Samples: License Agreement (Zymetx Inc)

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NON-CUMULATIVE ROYALTIES. Royalties shall be payable by Licensee ------------------------ with respect to all of its or sublicenseesits Sublicensees' Sales except for Licensees' resale of such any products purchased from LicensorLicensors. Royalties shall not become payable at the time of sale, sublicense or transfer or disposal among from Licensee and to its sublicenseesSublicensees, but shall become payable only when Licensee or receives payment of royalties (after recovery of any prepaid royalties included in any Sublicense Initiation Fee) from its sublicensees sell Sublicensee with respect to such products to a third party, except where such sales to a third party are not contemplated, in which event royalties shall be payable by Licensee when such sale, transfer or disposal among Licensee and its sublicensees occursSublicensee's Sales.

Appears in 1 contract

Samples: License Agreement (Centaur Pharmaceuticals Inc)

NON-CUMULATIVE ROYALTIES. Royalties shall be payable by Licensee with ------------------------ respect to all of its or sublicenseesits Sublicensees' Sales except for Licensees' resale of such any products purchased from Licensorpurchased. Royalties shall not become payable at the time of sale, transfer or disposal among from Licensee and to its sublicenseesSublicensees, but shall become payable only when Licensee or receives payment of royalties (after recovery of any prepaid royalties included in any Sublicense Initiation Fee) from its sublicensees sell Sublicensee with respect to such products to a third party, except where such sales to a third party are not contemplated, in which event royalties shall be payable by Licensee when such sale, transfer or disposal among Licensee and its sublicensees occursSublicensee's Sales.

Appears in 1 contract

Samples: License Agreement (Centaur Pharmaceuticals Inc)

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