Sales by Sublicensees. With regard to Net Sales made by sublicensees of Licensee or its Affiliates, royalties shall be payable by Licensee quarterly, within ninety (90) days after the end of each calendar quarter, based upon the Net Sales of Licensed Products by such sublicensee during such preceding calendar quarter, commencing with the calendar quarter in which the first commercial sale of any Licensed Product is made by such sublicensee.
Appears in 11 contracts
Samples: License Agreement (Sangamo Biosciences Inc), License Agreement (Optimer Pharmaceuticals Inc), License Agreement (Optimer Pharmaceuticals Inc)
Sales by Sublicensees. With regard to Net Sales made by sublicensees Sublicensees of Licensee or its Affiliates, royalties shall be payable by Licensee quarterly, within ninety (90) days after the end of each calendar quarter, based upon the Net Sales of Licensed Products by such sublicensee Sublicensee during such preceding calendar quarter, commencing with the calendar quarter in which the first commercial sale of any Licensed Product is made by such sublicenseeSublicensee.
Appears in 5 contracts
Samples: License Agreement, License Agreement (Cytotherapeutics Inc/De), License Agreement (Cytotherapeutics Inc/De)
Sales by Sublicensees. With regard to Net Sales --------------------- made by sublicensees of Licensee or its Affiliates, royalties shall be payable by Licensee quarterly, within ninety one hundred twenty (90120) days after the end of each calendar quarter, based upon the Net Sales of Licensed Products by such sublicensee during such preceding calendar quarter, commencing with the calendar quarter in which the first commercial sale of any Licensed Product is made by such sublicensee.
Appears in 2 contracts
Samples: License Agreement (Aastrom Biosciences Inc), License Agreement (Aastrom Biosciences Inc)
Sales by Sublicensees. With regard to Net Sales made by sublicensees of Licensee or its Affiliates, royalties shall be payable by Licensee quarterly, within ninety (90) days [ * ] after the end of each calendar quarter, based upon the Net Sales of Licensed Products and Combination Products by such sublicensee during such preceding calendar quarter, commencing with the calendar quarter in which the first commercial sale of any Licensed Product is made by such sublicensee.
Appears in 2 contracts
Samples: License Agreement (Ista Pharmaceuticals Inc), License Agreement (Ista Pharmaceuticals Inc)
Sales by Sublicensees. With regard to Net ton@et Sales made by sublicensees of Licensee or its Affiliates, royalties shall be payable by Licensee quarterly, within ninety (90) days after the end of each calendar quarter, based upon the Net Sales of Licensed Products by such sublicensee during such preceding calendar quarter, commencing with the calendar quarter in which the first commercial sale of any Licensed Product Product. is made by such sublicensee.
Appears in 1 contract
Samples: License Agreement (Discovery Laboratories Inc /De/)
