Common use of Single Royalty Clause in Contracts

Single Royalty. Notwithstanding anything herein to the contrary, with respect to any Licensed Product only a single royalty payment shall be due and payable, regardless if such Licensed Product is Covered by more than one Valid Patent Claim. If an applicable sale of a Licensed Product in a country would fall within one or more of the royalty provisions set forth in Sections 4.9-4.14, then only a single royalty payment shall be due and payable for such sale, at the highest applicable royalty rate.

Appears in 2 contracts

Samples: Exclusive License Agreement (Denali Therapeutics Inc.), Exclusive License Agreement (Denali Therapeutics Inc.)

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Single Royalty. Notwithstanding anything herein to the contrary, with respect to any Licensed Product Product, only a single royalty or Additional Margin payment shall be due and payable, regardless if of whether such Licensed Product is Covered covered by more than one Valid Patent Claim. If an applicable sale of a Licensed Product in a country would fall within one or more of the royalty provisions set forth in Sections 4.9-4.14, then only a single royalty payment shall be due and payable for such sale, at the highest applicable royalty rate.

Appears in 2 contracts

Samples: Development Collaboration and License Agreement (GenMark Diagnostics, Inc.), Development Collaboration and License Agreement (GenMark Diagnostics, Inc.)

Single Royalty. Notwithstanding anything herein to the contrary, with respect to any Licensed Product only a single royalty payment shall be due and payable, regardless if such Licensed Product is Covered by more than one Valid Patent Claim. If an applicable sale of a Licensed Product in a country would fall within one or more of the royalty provisions set forth in Sections 4.9-4.14, then only a single royalty payment shall be due and payable for such sale, at the highest applicable royalty rate.

Appears in 1 contract

Samples: Exclusive License Agreement (Novogen LTD)

Single Royalty. Notwithstanding anything herein to the contrary, with respect to any Licensed Product only a single No more than one royalty payment shall be due and payablewith respect to a Commercial Sale of a Licensed Product. No multiple royalties shall be payable because any Licensed Product, regardless if such Licensed Product or its manufacture, sale or use is Covered covered by more than one Valid Patent Claim. If an applicable sale valid claim of a Licensed Product Patent or Patent Application in a country would fall within one or more of the royalty provisions set forth in Sections 4.9-4.14, then only a single royalty payment shall be due and payable for such sale, at the highest applicable royalty rateany country.

Appears in 1 contract

Samples: Confidentiality Agreement (Miromatrix Medical Inc.)

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Single Royalty. Notwithstanding anything herein to the contrary, with respect to any Licensed Product only a single royalty payment shall be due and payable, regardless if such Licensed Product is Covered by more than one Valid Patent Claim. If an applicable In addition, only one royalty, under either Section 4.5 or Section 4.6 (as applicable), shall be due with respect to any sale of a Licensed Product in a country would fall within one or more of the royalty provisions set forth in Sections 4.9-4.14, then only a single royalty payment shall be due and payable for such sale, at the highest applicable royalty rateProduct.

Appears in 1 contract

Samples: Exclusive License Agreement (Curis Inc)

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