Common use of Royalties for Bulk Compound Clause in Contracts

Royalties for Bulk Compound. In those cases where Merck sells bulk Compound rather than a Licensed Product in packaged form to an independent third party, and is unable to determine Net Sales, the royalty obligations of this Article V shall be applicable to the bulk Compound sold.

Appears in 2 contracts

Samples: Research Collaboration and License Agreement (Interneuron Pharmaceuticals Inc), License Agreement (Intercardia Inc)

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Royalties for Bulk Compound. In those cases where Merck sells --------------------------- bulk Compound Substance rather than a Licensed Product in packaged form to an independent third party, and is unable to determine Net Sales, the royalty obligations of this Article V IV shall be applicable to the bulk Compound soldSubstance, except in the event the third party, directly or indirectly, sells such Substance back to Merck.

Appears in 1 contract

Samples: License Agreement (Cytrx Corp)

Royalties for Bulk Compound. In those cases where Merck sells bulk Compound rather than a Licensed Royalty Bearing Product in packaged form to an independent third party, and is unable to determine Net Sales, the royalty obligations of this Article V shall be applicable to the bulk Compound sold.

Appears in 1 contract

Samples: Research Collaboration and License Agreement (Isis Pharmaceuticals Inc)

Royalties for Bulk Compound. In those cases where Merck sells bulk Compound ----------------------------- Substance rather than a Licensed Product in packaged form to an independent third party, and is unable to determine Net Sales, the royalty obligations of this Article V IV shall be applicable to the bulk Compound soldSubstance, except in the event the third party, directly or indirectly, sells such Substance back to Merck.

Appears in 1 contract

Samples: License Agreement (Cytrx Corp)

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Royalties for Bulk Compound. In those cases where Merck sells bulk Compound ---------------------------- Substance rather than a Licensed Product in packaged form to an independent third party, and is unable to determine Net Sales, the royalty obligations of this Article V IV shall be applicable to the bulk Compound soldSubstance, except in the event the third party, directly or indirectly, sells such Substance back to Merck.

Appears in 1 contract

Samples: License Agreement (Cytrx Corp)

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