Common use of One Competing Product Clause in Contracts

One Competing Product. If any Competing Product is sold in a --------------------- country and such Competing Product accounts for * or more of the total value of the sales (in local currency) of products in the Field in such country, then subject to Section 3.4.2 below, GenVec shall pay to Scios * of the amounts otherwise due pursuant to Sections 3.2 and 3.3 above with respect to sales of Licensed Products in such country.

Appears in 2 contracts

Samples: Warrant Agreement (Genvec Inc), Warrant Agreement (Genvec Inc)

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One Competing Product. If any Competing Product is sold in a --------------------- country and such Competing Product accounts for * or more of the total value of the sales (in local currency) of products in the Field in such country, then subject to Section 3.4.2 below, GenVec shall pay to Scios * of the amounts otherwise due pursuant to Sections 3.2 and 3.3 above with respect to sales of Licensed Products in such country.

Appears in 2 contracts

Samples: License Agreement (Genvec Inc), License Agreement (Genvec Inc)

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