Common use of Non-Patent Covered Licensed Products Clause in Contracts

Non-Patent Covered Licensed Products. If the use and/or sale of a Licensed Product are not Covered by a Valid Claim (either because no patent was ever issued for such territory or the patent is no longer of effect), but the use or sale of the Licensed Product uses or incorporates Ancestral Technology Know-How then, in respect of Net Sales in such country, the royalties payable on the annual Net Sales of such Licensed Products sold in such country by Akouos, its Affiliates and Sublicensees during the Royalty Term shall be calculated at rates that are reduced by [**] percent ([**]%) from the amounts set forth in Schedule C.

Non-Patent Covered Licensed Products. If the use and/or sale of a Licensed Product are not Covered by a Valid Claim (either because no patent was ever issued for such territory or the patent is no longer of effect), but the use or sale of the Licensed Product uses or incorporates Ancestral Technology Know-How How, then, in respect of Net Sales in such country, the royalties payable on the annual Net Sales of such Licensed Products sold in such country by Akouos, its Affiliates and Sublicensees during the Royalty Term shall be calculated at rates that are reduced by [**] percent ([**]%) from the amounts set forth in Schedule C.