Common use of Single Royalty Clause in Contracts

Single Royalty. No more than one royalty payment shall be due under this Section 7.6 with respect to a sale of a particular Licensed Product. For the avoidance of doubt: (a) multiple royalties shall not be payable because the sale of a particular Licensed Product is Covered by more than one (1) Valid Claim in the country in which such Licensed Product is sold; or (b) in no event shall GNE and/or its Sublicensees be obligated to simultaneously pay a royalty under Section 7.6.1 with respect to a sale of a particular Licensed Product that is subject to Section 7.6.2.

Appears in 2 contracts

Samples: License Agreement (Immunocore LTD), Collaboration Agreement (Immunocore LTD)

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Single Royalty. No more than one stream of royalty payment payments shall be due under this Section 7.6 6.4 with respect to a sale sales of a any one particular Licensed Product. For the avoidance of doubt: (a) , multiple royalties shall not be payable because the sale of a particular Licensed Product is Covered by more than one (1) Valid Claim in the country in which such Licensed Product is sold; or (b) in no event shall GNE and/or its Sublicensees be obligated to simultaneously pay a royalty under Section 7.6.1 with respect to a sale of a particular Licensed Product that is subject to Section 7.6.2.

Appears in 2 contracts

Samples: Exclusive Option and License Agreement (Yumanity Therapeutics, Inc.), Exclusive Option and License Agreement (Yumanity Therapeutics, Inc.)

Single Royalty. No more than one stream of royalty payment payments shall be due under this Section 7.6 ARTICLE 6 with respect to a sale sales of a any one particular Licensed Product. For the avoidance of doubt: (a) , multiple royalties shall not be payable because the sale of a particular Licensed Product is Covered by more than one (1) Valid Claim in the country in which such Licensed Product is sold; or (b) in no event shall GNE and/or its Sublicensees be obligated to simultaneously pay a royalty under Section 7.6.1 with respect to a sale of a particular Licensed Product that is subject to Section 7.6.2.

Appears in 1 contract

Samples: Collaboration and License Agreement (Recursion Pharmaceuticals, Inc.)

Single Royalty. No more than one royalty payment shall be due under this Section 7.6 7.5 (Royalty Payments for Products by CG) with respect to a sale of a particular Licensed Product. For the avoidance of doubt: (a) , multiple royalties shall not be payable because the sale of a particular Licensed Product is Covered by more than one (1) Valid Claim in the country in which such Licensed Product is sold; or (b) in no event shall GNE and/or its Sublicensees be obligated to simultaneously pay a royalty under Section 7.6.1 with respect to a sale of a particular Licensed Product that is subject to Section 7.6.2.

Appears in 1 contract

Samples: License and Collaboration Agreement (CG Oncology, Inc.)

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Single Royalty. No more than one stream of royalty payment payments shall be due under this Section 7.6 6.6.1 (Royalties for Licensed Products) with respect to a sale sales of a any one particular Licensed Product. For the avoidance of doubt: (a) , multiple royalties shall not be payable because the sale of a particular Licensed Product is Covered by more than one (1) Valid Claim in the country in which such Licensed Product is sold; or (b) in no event shall GNE and/or its Sublicensees be obligated to simultaneously pay a royalty under Section 7.6.1 with respect to a sale of a particular Licensed Product that is subject to Section 7.6.2.

Appears in 1 contract

Samples: Collaboration and License Agreement (Kronos Bio, Inc.)

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