Royalty Adjustments. Except as otherwise set forth in this Agreement, royalties due hereunder are subject to adjustment as set forth below (such adjustments to be prorated for the Calendar Quarter in which the adjustment becomes applicable):
Appears in 4 contracts
Samples: License Agreement (Spero Therapeutics, Inc.), License and Collaboration Agreement (VistaGen Therapeutics, Inc.), License and Collaboration Agreement (VistaGen Therapeutics, Inc.)
Royalty Adjustments. Except as otherwise set forth in this Agreement, royalties due hereunder are subject to adjustment as set forth below (such adjustments to be prorated for the Calendar Quarter in which the adjustment becomes applicable):).
Appears in 2 contracts
Samples: License Agreement (Dermavant Sciences LTD), License Agreement (Dermavant Sciences LTD)
Royalty Adjustments. Except as otherwise set forth in this Agreement, royalties due hereunder are subject to adjustment as set forth below (such adjustments to be prorated for the Calendar Quarter in which the adjustment becomes applicable):), provided, however, that the royalties payable under Section 8.4(a) (Royalty Rate) shall not be reduced by more than [****] ([****]) of the amounts set forth in Section 8.4(a) (Royalty Rate) by any or all reasons of the adjustments set forth below.
Appears in 1 contract
Royalty Adjustments. Except as otherwise set forth in this Agreement, royalties due hereunder are subject to adjustment as set forth below (such adjustments to be prorated for the Calendar Quarter in which the adjustment becomes applicable):), provided, however, that the royalties payable under Section 8.4(a) (Royalty Payments) shall not be reduced by more than [*CONFIDENTIAL*] of the amounts set forth in Section 8.4(a) (Royalty Payments) by any or all reasons of the adjustments set forth below.
Appears in 1 contract
Samples: License, Development and Commercialization Agreement (MEI Pharma, Inc.)
