Running Royalty. In consideration of the license rights set forth in Article 3 hereof, BND shall, during the periods specified in Section 4.3, pay to BDSI a royalty on all Net Sales Received by BND from Sublicensee(s) at the rate of eight percent (8%) of Net Sales Received (the "Running Royalty"
Appears in 4 contracts
Samples: Sub License Agreement (Bioral Nutrient Delivery LLC), Sub License Agreement (Bioral Nutrient Delivery LLC), Sub License Agreement (Bioral Nutrient Delivery LLC)
