Royalties in the Territory Other Sample Clauses

Royalties in the Territory Other. Than China In each country in the Territory other than China (the "Exclusive Territory") where the sale of Licensed Products is covered by one or more Licensed Patents Owned By INSMED, TAISHO shall pay INSMED the following royalties on Net Sales of the Licensed Products. TAISHO's obligation to pay such royalties shall expire upon the expiration of the last to expire of the Licensed Patents Owned By INSMED that enable the TAISHO Parties to make, use or sell the Licensed Products in the Exclusive Territory on an exclusive basis, as follows: i) Royalty on Net Sales of the Licensed Products in Japan: Net Sales Range Royalty Rate --------------------------------------------------------------------------- $0 up to $fifty (50) million (inclusive) [REDACTED] $fifty (50) up to $one hundred (100) million (inclusive) [REDACTED] $one hundred (100) million and greater [REDACTED] --------------------------------------------------------------------------- ii) Royalty on Net Sales of the Licensed Products in the Exclusive Territory other than Japan: [REDACTED]. In each country in the Exclusive Territory where sale of the Licensed Products is not embraced within any claims of any unexpired Licensed Patents Owned By INSMED issued and in force in such country, royalties shall be the same as set forth above in Articles 4.4. i) and 4.4. ii), except that the duration of such royalties shall be for five (5) years after the First Commercial Sale of the Licensed Products in such country. In the event the TAISHO Parties are legally required to pay a royalty or any fees to a third party in order to continue making, using or selling the Compound and Licensed Products in any country in the Territory, the dollar amount of the royalty payable to INSMED on Net Sales of Licensed Products in that country shall be reduced by [REDACTED] of the dollar amount of royalty or fee so paid to that third party; provided that the royalty paid to INSMED shall never be less than [REDACTED] of Net Sales of Licensed Products. TAISHO shall immediately provide INSMED with proof of payments to any such third party.
AutoNDA by SimpleDocs

Related to Royalties in the Territory Other

  • Commercialization License Subject to the terms of this Agreement, including without limitation Section 2.2 and Theravance's Co-Promotion rights in Section 5.3.2, Theravance hereby grants to GSK, and GSK accepts, an exclusive license under the Theravance Patents and Theravance Know-How to make, have made, use, sell, offer for sale and import Alliance Products in the Territory.

  • Territory 33.1 This Agreement applies to the territory in which CenturyLink operates as an ILEC in the State. CenturyLink shall be obligated to provide services under this Agreement only within this territory. 33.2 Notwithstanding any other provision of this Agreement, CenturyLink may terminate this Agreement as to a specific operating territory or portion thereof pursuant to Section 6.7 of this Agreement.

  • License Fees and Royalties Consistent with the applicable U.S. DOT Common Rules, the Recipient agrees that license fees and royalties for patents, patent applications, and inventions produced with federal assistance provided through the Underlying Agreement are program income, and must be used in compliance with federal applicable requirements.

  • Licensed Products Lessee will obtain no title to Licensed Products which will at all times remain the property of the owner of the Licensed Products. A license from the owner may be required and it is Lessee's responsibility to obtain any required license before the use of the Licensed Products. Lessee agrees to treat the Licensed Products as confidential information of the owner, to observe all copyright restrictions, and not to reproduce or sell the Licensed Products.

  • Additional Products Upon satisfying the minimum order requirements above, Enrolled Affiliate may order Additional Products.

  • Additional Products and Services Subject to the allocation of funds, the CPO may add similar equipment, supplies, services, or locations, within the scope of this Agreement, to the list of equipment, supplies, services, or locations to be performed or provided by giving written notification to Contractor. For purposes of this Section, the “Effective Date” means the date specified in the notification from the CPO. As of the Effective Date, each item added is subject to this Agreement, as if it had originally been a part, but the charge for each item starts to accrue only on the Effective Date. In the event the additional equipment, supplies, services, or locations are not identical to the items(s) already under this Agreement, the charges therefor will then be Contractor’s normal and customary charges or rates for the equipment, supplies, services, or locations classified in the Fees and Costs (Exhibit “F”).

  • Competing Products The provisions of Section 21 are set forth on attached Exhibit H and are incorporated in this Section 21 by this reference.

  • Licensed Product The term “Licensed Product” shall mean any product (a) the manufacture, use, importation, sale or offer for sale of which would, in the absence of the license granted by this Agreement, infringe a Valid Claim of any of the Licensed Patent Rights, or (b) that is comprised of, utilizes or incorporates Licensed Biological Materials, or (c) that is discovered, developed or made using a Licensed Process.

  • Marketing Activities The Borrower will not, and will not permit any of its Subsidiaries to, engage in marketing activities for any Hydrocarbons or enter into any contracts related thereto other than (i) contracts for the sale of Hydrocarbons scheduled or reasonably estimated to be produced from their proved Oil and Gas Properties during the period of such contract, (ii) contracts for the sale of Hydrocarbons scheduled or reasonably estimated to be produced from proved Oil and Gas Properties of third parties during the period of such contract associated with the Oil and Gas Properties of the Borrower and its Subsidiaries that the Borrower or one of its Subsidiaries has the right to market pursuant to joint operating agreements, unitization agreements or other similar contracts that are usual and customary in the oil and gas business and (iii) other contracts for the purchase and/or sale of Hydrocarbons of third parties (A) which have generally offsetting provisions (i.e. corresponding pricing mechanics, delivery dates and points and volumes) such that no “position” is taken and (B) for which appropriate credit support has been taken to alleviate the material credit risks of the counterparty thereto.

  • Development Activities The Development activities referred to in item “b” of paragraph 3.1 include: studies and projects of implementation of the Production facilities; drilling and completion of the Producing and injection xxxxx; and installation of equipment and vessels for extraction, collection, Treatment, storage, and transfer of Oil and Gas. The installation referred to in item “c” includes, but is not limited to, offshore platforms, pipelines, Oil and Gas Treatment plants, equipment and facilities for measurement of the inspected Production, wellhead equipment, production pipes, flow lines, tanks, and other facilities exclusively intended for extraction, as well as oil and gas pipelines for Production Outflow and their respective compressor and pumping stations.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!