Common use of Royalties Payable Only Once Clause in Contracts

Royalties Payable Only Once. The obligation to pay royalties is imposed only once with respect to Net Sales of the same unit of a Product.

Appears in 9 contracts

Samples: License and Commercialization Agreement (Bellerophon Therapeutics, Inc.), License and Commercialization Agreement (BioLineRx Ltd.), License and Commercialization Agreement (Bellerophon Therapeutics LLC)

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Royalties Payable Only Once. The obligation to pay royalties is imposed only once with respect to Net Sales of the same unit of a Licensed Product.

Appears in 6 contracts

Samples: Strategic Collaboration and License Agreement (Vertex Pharmaceuticals Inc / Ma), License and Collaboration Agreement (Lexicon Pharmaceuticals, Inc.), License and Collaboration Agreement (Lexicon Pharmaceuticals, Inc./De)

Royalties Payable Only Once. The obligation to pay royalties is imposed only once with respect to Net Sales of the same unit of a Licensed Product.

Appears in 5 contracts

Samples: License Agreement (Dyne Therapeutics, Inc.), License Agreement (Achillion Pharmaceuticals Inc), Research & License Agreement (Achillion Pharmaceuticals Inc)

Royalties Payable Only Once. The obligation to pay royalties is imposed only once with respect to Net Sales of the same unit of a Product.

Appears in 4 contracts

Samples: License Agreement (Critical Therapeutics Inc), License Agreement (Critical Therapeutics Inc), License Agreement (Critical Therapeutics Inc)

Royalties Payable Only Once. The obligation to pay royalties is imposed only once with respect to Net Sales of the same unit of a Product. Where services are performed using a Product, Net Sales are calculated based upon the price of the Product and not again for the related services.

Appears in 2 contracts

Samples: Exclusive License Agreement (Zeltiq Aesthetics Inc), Exclusive License Agreement (Zeltiq Aesthetics Inc)

Royalties Payable Only Once. The obligation to pay royalties is imposed only once with respect to Net Sales of the same unit of a the Licensed Product.

Appears in 2 contracts

Samples: Assignment, Sublicense and Collaboration Agreement (Merrimack Pharmaceuticals Inc), Assignment, Sublicense and Collaboration Agreement (Merrimack Pharmaceuticals Inc)

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Royalties Payable Only Once. The obligation to pay royalties is imposed only once with respect to Net Sales of the same unit of a Royalty-Bearing Product.

Appears in 1 contract

Samples: Collaboration and License Agreement (Penwest Pharmaceuticals Co)

Royalties Payable Only Once. The obligation to pay royalties is imposed only once with respect to Net Sales of the same unit of a Licensed Product.

Appears in 1 contract

Samples: License Agreement (Annovis Bio, Inc.)

Royalties Payable Only Once. The obligation to pay royalties is imposed only once with respect to Net Sales of the same unit of a Royalty-Bearing Product, irrespective of the number of patents and/or patent applications applicable thereto.

Appears in 1 contract

Samples: Consortium Member Agreement (Millennium Pharmaceuticals Inc)

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