Common use of One Royalty Clause in Contracts

One Royalty. Notwithstanding the provisions of Section 7.2 hereof, in the case of transfers or SALES of any PRODUCT among ORTHO, AFFILIATES and SUBLICENSEE or between AFFILIATES for re-sale to THIRD PARTIES, one and only one royalty shall be payable thereon and such royalty, shall become payable upon the SALE thereof to a THIRD PARTY.

One Royalty. Notwithstanding the provisions of Section 7.2 hereof, in the case of transfers or SALES of any PRODUCT among ORTHOLICENSEE, AFFILIATES AFFILIATE(S), and SUBLICENSEE SUBLICENSEE(S) or between AFFILIATES AFFILIATE(S) for re-sale to THIRD PARTIES, one and only one royalty shall be payable thereon and such royalty, royalty shall become payable upon the SALE thereof to a THIRD PARTY.