Common use of Sales Related Payments Clause in Contracts

Sales Related Payments. (i) During the Sales Related Payments Term, Buyer shall pay to Novartis (in U.S. dollars via wire transfer of immediately available funds to such account(s) as may be designated from time to time by Novartis in writing) [***] at the graduated rates specified in the following table with respect to the aggregate annual worldwide Net Sales of all Products during the applicable [***] (the “Sales Related Payments”):

Appears in 9 contracts

Samples: Bps804 Asset Purchase Agreement (Mereo Biopharma Group PLC), Bgs649 Asset Purchase Agreement (Mereo Biopharma Group PLC), Bct197 Asset Purchase Agreement (Mereo Biopharma Group PLC)

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