Royalties on Net Licensing Income Sample Clauses

Royalties on Net Licensing Income. In the event Prosensa chooses to sublicense, the percentages of royalties to be paid on Net Licensing Income generated by Prosensa and/or its Affiliates will be the following: (remainder of page intentionally left blank) Royalties on Net Licensing Income Initial Indications Orphan Drug Indications Non-Orphan Drug Indications As long as there is a Valid Claim of a LUMC Patent Right ***** ***** ***** As long as there is a Valid Claim of an Existing Joint Patent Right, but no Valid Claim of a LUMC Patent Right ***** ***** ***** As long as there is a Valid Claim on a Future Joint Patent Right, but no Valid Claim of a LUMC Patent Right or Existing Joint Patent Right ***** on Net Licensing Income received prior to Regulatory Approval of the Product. ***** thereof on Net Licensing Income received after Regulatory Approval of the Product ***** are applicable in the default situation of article *****. If the ownership percentages differ, the starting point for deductions is respectively *****. ***** are applicable in the default situation of article *****. If the ownership percentages differ, the starting point for deductions is respectively *****. When there is no Valid Claim of a LUMC Patent Right or a Joint Patent Right but products do harbour (unpatented) LUMC Technology ***** on Net Licensing Income received prior to Regulatory Approval of the Product. ***** thereof on Net Licensing Income received after Regulatory Approval, for a maximum of ***** after first commercial sale of that Product. ***** maximum duration of ***** after first commercial sale of that Product ***** maximum duration of ***** after first commercial sale of that Product

Royalties on Net Licensing Income. Prosensa shall pay to LUMC the following royalty percentages on Net Licensing Income generated by Prosensa and/or its Affiliates on sublicenses in Non Human Fields: Royalties on Net Licensing Income made by Prosensa and Affiliates Non Human Fields As long as there is a Valid Claim of a LUMC Patent Right ***** As long as there is a Valid Claim of an Existing Joint Patent, but no Valid Claim of a LUMC Patent Right ***** As long as there is a Valid Claim of a Future Joint Patent Right, but no Valid Claim of a LUMC Patent Right or Existing Joint Patent Right ***** is applicable in the default situation of article *****. If the ownership percentages differ, the starting point for deductions is ***** When there is no Valid Claim of a LUMC Patent or a Joint Patent Right but products do harbour (unpatented) LUMC Technology ***** For a maximum of ***** after first commercial sale