Common use of One Royalty Clause in Contracts

One Royalty. No more than one (1) royalty payment shall be due with respect to a sale of a particular Licensed Product. No multiple royalties shall be payable because any Licensed Product, or its manufacture, sale or use is covered by more than one (1) Valid Patent Claim. No royalty shall be payable under this Article 4 with respect to sales of Licensed Products among MN and its Affiliates for resale, nor shall a royalty be payable under this Article 4 with respect to Licensed Products distributed for use in research and/or development, in clinical trials, as donations to non-profit institutions or government agencies or as promotional free samples.

One Royalty. No more than one (1) royalty payment shall be due with respect to a sale of a particular Licensed Product. No multiple royalties shall be payable because any Licensed Product, or its manufacture, sale or use is covered by more than one (1) Valid Patent Claim. No royalty shall be payable under this Article 4 Section 5.3 with respect to sales of Licensed the Products among MN LICENSEE and its Affiliates or sublicensees for resale, nor shall a royalty be payable under this Article 4 Section 5.3 with respect to Licensed the Products distributed for use in research and/or development, in clinical trials, as donations to non-profit institutions or government agencies or as promotional free samples.

One Royalty. No more than one (1) royalty payment shall be due with respect to a sale of a particular Licensed Product. No multiple royalties shall be payable because any Licensed Product, or its manufacture, sale or use is covered by more than one (1) Valid Patent Claim. No royalty shall be payable under this Article 4 Section 5.3 with respect to sales of Licensed the Products among MN LICENSEE and its Affiliates or sublicensees for resale, nor shall a royalty be payable under this Article 4 Section 5.3 with respect to Licensed the Products distributed for use in research and/or development, in clinical trials, as donations to non-profit nonprofit institutions or government agencies or as promotional free samples.