Obligation to Pay Royalties. If certain Licensed Products are made, used, imported, or offered for sale before the date this Agreement terminates, and those Licensed Products are sold after the termination date, Medicenna will pay Stanford an earned royalty for its exercise of rights based on the Net Sales of those Licensed Products.
Appears in 3 contracts
Samples: Exclusive Equity Agreement (Medicenna Therapeutics Corp.), Exclusive Equity Agreement (Medicenna Therapeutics Corp.), Exclusive Equity Agreement
Obligation to Pay Royalties. If certain Licensed Products are made, used, imported, or offered for sale before the date this Agreement terminates, and those Licensed Products are sold after the termination date, Medicenna Purigen will pay Stanford an earned royalty for its exercise of rights based on the Net Sales of those Licensed Products.
Appears in 1 contract
Samples: Exclusive License Agreement (Bionano Genomics, Inc.)
Obligation to Pay Royalties. If certain quantities of Licensed Products are made, used, imported, or offered for sale imported before the date this Agreement terminates, and those Licensed Products quantities are sold after the termination datedate and an Earned Royalty would have been due on such Licensed Products at the time of their sale had this Agreement not been terminated, Medicenna Combangio will pay Stanford an earned royalty Earned Royalty for its exercise of rights based on the Net Sales of those Licensed ProductsProducts quantities.
Appears in 1 contract
Samples: Exclusive License Agreement (Kala Pharmaceuticals, Inc.)
