Common use of Single Royalty Clause in Contracts

Single Royalty. No more than one stream of royalty payments shall be due under this Section 6.4 with respect to sales of any one particular Licensed Product. For the avoidance of doubt, 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.

Appears in 2 contracts

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

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Single Royalty. No more than one stream of royalty payments payment shall be due under this Section 6.4 7.5 (Royalty Payments for Products by CG) with respect to sales a sale of any one a particular Licensed Product. For the avoidance of doubt, 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.

Appears in 1 contract

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

Single Royalty. No more than one stream of royalty payments shall be due under this Section 6.4 ARTICLE 6 with respect to sales of any one particular Licensed Product. For the avoidance of doubt, 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.

Appears in 1 contract

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

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Single Royalty. No more than one stream of royalty payments shall be due under this Section 6.4 6.6.1 (Royalties for Licensed Products) with respect to sales of any one particular Licensed Product. For the avoidance of doubt, 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.

Appears in 1 contract

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

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