Common use of Royalties on Net Sales Clause in Contracts

Royalties on Net Sales. In partial consideration of the rights granted hereunder, Fuso shall pay running royalties to GenVec equal to * of Net Sales of Collaboration Products by Fuso and its Affiliates or Sublicensees.

Appears in 2 contracts

Samples: Commercialization Agreement (Genvec Inc), Commercialization Agreement (Genvec Inc)

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Royalties on Net Sales. In partial consideration of the rights granted hereunderunder the GenVec Patent Rights and GenVec Know-How in this Agreement, Fuso shall pay running royalties to GenVec equal to * percent (*%) of Net Sales of Collaboration Products by Fuso and its Affiliates or and Sublicensees.

Appears in 2 contracts

Samples: New Commercialization Agreement (Genvec Inc), New Commercialization Agreement (Genvec Inc)

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