Common use of Royalty Adjustment Clause in Contracts

Royalty Adjustment. In the event that the Actual Results include a Pre-Tax Loss in the year of commencement of sales of a particular Product or in any subsequent fiscal year, [ * ] of such loss shall be deducted from future Royalty Payments otherwise owed by the Marketing Party to the Non- [ * ] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.