Common use of One Royalty Clause in Contracts

One Royalty. Only one royalty shall be payable to Licensor hereunder for each sale of a Licensed Product, notwithstanding that more than one patent or patent claim reads upon such Licensed Product and/or such Licensed Product embodies or was made using one or more aspects of Licensed Technology.

Appears in 4 contracts

Samples: License Agreement (Alphatec Holdings, Inc.), Exclusive License Agreement (Alphatec Holdings, Inc.), Exclusive License Agreement (Alphatec Holdings, Inc.)

AutoNDA by SimpleDocs

One Royalty. Only one royalty shall be payable to Licensor hereunder by Licensee for each sale of a Licensed Product, notwithstanding that more than one patent or patent claim reads upon such Licensed Product and/or such Licensed Product embodies or was made using one or more aspects of Licensed Technology.

Appears in 3 contracts

Samples: License Agreement (Inhibrx, Inc.), License Agreement (Inhibrx, Inc.), License Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.