Royalties Payable by Licensee. In consideration for the Exclusive Licenses granted to Licensee herein, during the Royalty Term, and subject to Section 6.5, Licensee shall pay to SGI and BMS royalties on Net Sales of Licensed Products during the Royalty Term. Such royalties shall be paid at the following rates, determined on a Licensed Product-by-Licensed Product basis as set forth below:
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Samples: Collaboration Agreement (Celldex Therapeutics, Inc.), Collaboration Agreement (Curagen Corp), Collaboration Agreement (Seattle Genetics Inc /Wa)
Royalties Payable by Licensee. In consideration for the Exclusive Licenses granted to Licensee herein, during the Royalty Term, and subject to Section 6.5, Licensee shall pay to SGI and BMS the following royalties on Net Sales of Licensed Products as to which Licensee retains an Exclusive License under this Agreement that are sold during the Royalty Term. Such royalties shall be paid at the following rates, determined on a Licensed Productan Exclusive Antigen-by-Licensed Product Exclusive-Antigen basis as set forth below:
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