Patent Products. NN shall pay a royalty for each Patent Product made, --------------- used, imported, offered for sale or sold by NN, a Commercialization Partner or Sublicensee. NN's obligation to pay royalties for Patent Product(s) shall expire on the expiration date of the last-to-expire Zid-Related Patent included in such RoW CPC Pre-Negotiated License. The royalties shall be calculated in accordance with ARTICLE 11. The applicable royalty rate shall be as set forth below. ----------------------------------- Cumulative Net Sales Royalty Rate [*]
Appears in 2 contracts
Samples: Option and License Agreement (Zymogenetics Inc), Option and License Agreement (Zymogenetics Inc)
Patent Products. NN shall pay a royalty for each Patent Product made, --------------- used, imported, offered for sale or sold by NN, a Commercialization Partner or Sublicensee. NN's obligation to pay royalties for Patent Product(s) shall expire on the expiration date of the last-to-expire Zid-Related Patent included in such RoW CPC Medical Hypothesis Pre-Negotiated License. The royalties shall be calculated in accordance with ARTICLE 11. The applicable royalty rate shall be as set forth below. ----------------------------------- ____________________________________________ Cumulative Net Sales Royalty Rate [*]
Appears in 2 contracts
Samples: Option and License Agreement (Zymogenetics Inc), Option and License Agreement (Zymogenetics Inc)
Patent Products. NN shall pay a royalty for each Patent Product made, --------------- used, imported, offered for sale or sold by NN, a Commercialization Partner or Sublicensee. NN's obligation to pay royalties for Patent Product(s) shall expire on the expiration date of the last-to-expire Zid-Related Patent included in such RoW CPC BC Medical Hypothesis Pre-Negotiated License. The royalties shall be calculated in accordance with ARTICLE 11. The applicable royalty rate shall be as set forth below. ----------------------------------- ___________________________________ Cumulative Net Sales Royalty Rate [*]
Appears in 2 contracts
Samples: Option and License Agreement (Zymogenetics Inc), Option and License Agreement (Zymogenetics Inc)
Patent Products. NN shall pay a royalty for each Patent Product made, --------------- used, imported, offered for sale or sold by NN, a Commercialization Partner or Sublicensee. NN's obligation to pay royalties for Patent Product(s) shall expire on the expiration date of the last-to-expire Zid-Related Patent included in such RoW CPC BC PLPC Pre-Negotiated License. The royalties shall be calculated in accordance with ARTICLE 11. The applicable royalty rate shall be as set forth below. ----------------------------------- --------------------------------------------- Cumulative Net Sales Royalty Rate [*]
Appears in 2 contracts
Samples: Option and License Agreement (Zymogenetics Inc), Option and License Agreement (Zymogenetics Inc)