Royalty Reduction. If Licensed Product is royalty-bearing only on account of Section 4.3(b)(ii), then the royalty rates set forth in Section 4.3(a) with respect to Net Sales attributable to Licensed Product will be reduced by [***].
Appears in 12 contracts
Samples: License Agreement (2seventy Bio, Inc.), License Agreement (2seventy Bio, Inc.), License Agreement (Bluebird Bio, Inc.)
Royalty Reduction. If Licensed a Product is royalty-bearing only on account of Section 4.3(b)(ii8.5(b)(iii), then the royalty rates set forth in Section 4.3(a8.5(a) with respect to Net Sales attributable to Licensed such Product will be reduced by [***].
Appears in 6 contracts
Samples: Collaboration and License Agreement, Collaboration and License Agreement, Collaboration and License Agreement (Moderna, Inc.)
Royalty Reduction. If Licensed Product is royalty-bearing only on account of Section 4.3(b)(ii11.3(b)(ii), then the royalty rates set forth in Section 4.3(a11.3(a) with respect to Net Sales attributable to Licensed Product will be reduced by [***].
Appears in 4 contracts
Samples: Share Agreement (2seventy Bio, Inc.), Share Agreement, Share Agreement (Bluebird Bio, Inc.)
Royalty Reduction. If Licensed Product is royalty-bearing only on account of Section 4.3(b)(ii11.3(b)(ii), then the royalty rates set forth in Section 4.3(a11.3(a) with respect to Net Sales attributable to Licensed Product will be reduced by [***].
Appears in 3 contracts
Samples: License Agreement (Bluebird Bio, Inc.), License Agreement (Bluebird Bio, Inc.), License Agreement (Bluebird Bio, Inc.)
Royalty Reduction. (a) If Licensed Product is royalty-bearing only on account of Section 4.3(b)(ii5.1(b)(ii), then the royalty rates rate set forth in Section 4.3(a5.2(a) with respect to Net Sales attributable to Licensed Product will be reduced by [***] ([***].); and
Appears in 1 contract
Samples: License Agreement (Axonics Modulation Technologies, Inc.)
Royalty Reduction. If Licensed Product is royalty-bearing only on account of Section 4.3(b)(ii), then the The royalty rates set forth in Section 4.3(a) with respect to Net Sales attributable to Licensed Product will Sections 4.4.1 and 4.4.2 above shall be reduced by [***]] if the applicable Licensed Products are not within the scope of an issued Valid Claim within the Patent Rights in the country such Licensed Products are either made or sold.
Appears in 1 contract
