Common use of Single Royalty Per CHIRON Licensed Product Clause in Contracts

Single Royalty Per CHIRON Licensed Product. Only one payment of Earned Royalty shall be due with respect to any Net Sales or only one payment of Earned Royalty Amount shall be due with respect to any Unit of CHIRON Licensed Product Shipped, irrespective of the number of patents or Valid Claims in the CHIRON Licensed Patents covering such CHIRON Licensed Product.

Appears in 4 contracts

Samples: Screening HCV Probe License Agreement (Chiron Corp), Probe License Agreement (Chiron Corp), Chiron Corp

AutoNDA by SimpleDocs

Single Royalty Per CHIRON Licensed Product. Only one payment of Earned Royalty shall be due with respect to any Net Sales or only one payment of Earned Minimum Royalty Amount shall be due with respect to any Unit of CHIRON Licensed Product Shipped, irrespective of the number of patents or Valid Claims in the CHIRON Licensed Patents covering such CHIRON Licensed Product.

Appears in 1 contract

Samples: License and Option Agreement (Chiron Corp)

Single Royalty Per CHIRON Licensed Product. Only one payment of Earned Royalty shall be due with respect to any Net Sales or only one payment of Earned Minimum Royalty Amount shall be due with respect to any Unit of CHIRON Licensed Product Shipped, whatever is higher, irrespective of the number of patents or Valid Claims in the CHIRON Licensed Patents covering such CHIRON Licensed Product.

Appears in 1 contract

Samples: License and Option Agreement (Chiron Corp)

AutoNDA by SimpleDocs

Single Royalty Per CHIRON Licensed Product. Only one payment of Earned Royalty shall be due with respect to any Net Sales or only one payment of Earned Minimum Royalty Amount shall be due with respect to any Unit of CHIRON Licensed Product Shipped, irrespective of the number of patents or Valid Claims in the CHIRON Licensed Patents covering such CHIRON Licensed Product.

Appears in 1 contract

Samples: License and Option Agreement (Chiron Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!