Other Royalty Provisions. All royalties are subject to the following conditions: (a) only one royalty will be due with respect to the same unit of a Product. No multiple royalty will be payable based on being covered by more than one Valid Claim; (b) no royalties will be due upon the sale or other transfer among Provention or its Related Parties; and (c) no royalties will be due on the disposition of a Product by Provention or its Related Parties in reasonable quantities provided as samples (promotional or otherwise) or as donations (for example, to non-profit institutions or government agencies for a non-commercial purpose).
Appears in 2 contracts
Samples: License, Development and Commercialization Agreement (Provention Bio, Inc.), License, Development and Commercialization Agreement (Provention Bio, Inc.)
Other Royalty Provisions. All royalties under section 4.3.2 are subject to the following conditions:
(a) only one royalty will be due with respect to the same unit of a Product. No multiple royalty will be payable based on being covered by more than one Valid Claim;
(b) no royalties will be due upon the sale or other transfer among Provention Jxxxxxx or its Related Parties; and
(c) no royalties will be due on the disposition of a Product by Provention Jxxxxxx or its Related Parties in reasonable quantities provided as samples (promotional or otherwise) or as donations (for example, to non-profit institutions or government agencies for a non-commercial purpose).
Appears in 2 contracts
Samples: License, Development and Commercialization Agreement (Provention Bio, Inc.), License, Development and Commercialization Agreement (Provention Bio, Inc.)