Common use of Payments to Lilly Clause in Contracts

Payments to Lilly. If Licensee licenses from Lilly intellectual property rights that cover a Licensed Product or its development, manufacture, use, sale or offer for sale in the Field, then PPD shall pay directly to Lilly on behalf of Licensee, and in accordance with the payment provisions of such license, all amounts owed by Licensee to Lilly as a result of such license.

Appears in 6 contracts

Samples: License Agreement (Furiex Pharmaceuticals, Inc.), License Agreement (Furiex Pharmaceuticals, Inc.), License Agreement (Furiex Pharmaceuticals, Inc.)

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