Common use of Royalty Period Clause in Contracts

Royalty Period. The royalty payments set forth above shall be payable for each Licensed Product on a product-by-product and country-by-country basis from the time of First Commercial Sale of Licensed Product in such country until the later of (i) [**] years from the time of First Commercial Sale of Licensed Product in such country or (ii) until the last to expire patent containing a Valid Claim providing marketing exclusivity with respect to such Licensed Product.

Royalty Period. The royalty payments set forth above shall be payable for each Licensed Product on a product-by-product and country-by-by- country basis from the time of First Commercial Sale of Licensed Product in such country until the later of of: (ia) [**] ten (10) years from the time of First Commercial Sale of Licensed Product in such country country; or (iib) until the last to last-to-expire patent or -lapse of Patent Rights containing a Valid Claim providing marketing exclusivity with respect to the Active Compound which is an ingredient of such Licensed ProductProduct in such country.

Royalty Period. The royalty payments set forth above in Section 5.9 shall be payable for each Licensed Product on a product-by-product and country-by-country basis from the time of First Commercial Sale of Licensed Product in such country until the later of of: (ia) [** *] years from the time of First Commercial Sale of Licensed Product in such country country; or (iib) until the last to last-to-expire patent or -lapse of Patent Rights containing a Valid Claim providing marketing exclusivity with respect to the Active Compound (including without limitation a Replacement Compound) which is an ingredient of such Licensed ProductProduct in such country.

Royalty Period. The royalty payments set forth above shall be payable for each Licensed Product on a product-by-product and country-by-country basis from the time of First Commercial Sale of Licensed Product in such country until the later of (i) [**] 10 years from the time of First Commercial Sale of Licensed Product in such country or (ii) until the last to expire patent containing a Valid Claim providing marketing exclusivity with respect to such Licensed Product.

Royalty Period. The royalty payments set forth above shall be payable for each Licensed Product on a product-by-product and country-by-country basis from the time of First Commercial Sale of such Licensed Product in such country until the later of (i) [**] 10 years from the time of First Commercial Sale of such Licensed Product in such country or (ii) until the last to expire patent Patent containing a Valid Claim providing marketing exclusivity with respect to that covers the making, using, or selling of such Licensed ProductProduct in such country.

Royalty Period. The royalty payments set forth above shall be payable for each Licensed Product on a product-by-product and country-by-country basis from the time date of First Commercial Sale of such Licensed Product in such country until the later of of: (ia) [**] years from the time date of First Commercial Sale of such Licensed Product in such country country; or (iib) until the last to expire patent containing a Valid Claim providing marketing exclusivity with respect to such Licensed Product[**].