Royalty on Licensed Products. Licensee shall pay to UFRF earned royalties calculated as a percentage of Net Sales at the rate of [**]% of Net Sales of Licensed Products.
Appears in 2 contracts
Samples: Standard Exclusive License Agreement (Decibel Therapeutics, Inc.), Standard Exclusive License Agreement (Decibel Therapeutics, Inc.)
Royalty on Licensed Products. Licensee shall pay to UFRF earned royalties calculated as a percentage of Net Sales at during the rate Royalty Term. Earned royalties are earned as of [**]% the earlier of Net Sales of the date the Licensed Products.Product is actually sold and paid for and the date an invoice is sent by Licensee or its Sublicensee(s). Licensee shall pay to UFRF royalties as follows during the Royalty Term:
Appears in 2 contracts
Samples: Exclusive License Agreement (Audentes Therapeutics, Inc.), Exclusive License Agreement (Audentes Therapeutics, Inc.)
