Common use of Sublicense Income from Pass-Through Sublicenses Clause in Contracts

Sublicense Income from Pass-Through Sublicenses. Except as set forth in Section 3.7.3, Akouos shall pay Lonza a percentage of Sublicense Income it or its Affiliate receives from a Sublicensee under any Pass-Through Sublicenses as set forth below, which payments shall be in lieu of the amounts referred to in subsections (a) through (c) of Section 3.7.1 above: (a) [**] percent ([**]%) of the Sublicense Income attributable to a Licensed Product received under a Pass-Through Sublicense prior to the [**] for such Licensed Product of at least [**]; and (b) [**] percent ([**]%) of the Sublicense Income attributable to a Licensed Product received under a Pass-Through Sublicense after the [**] for such Licensed Product of at least [**].

Appears in 2 contracts

Samples: Sublicense Agreement (Akouos, Inc.), Sublicense Agreement (Akouos, Inc.)

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Sublicense Income from Pass-Through Sublicenses. Except as set forth in Section 3.7.3, Akouos shall pay Lonza MEE a percentage of Sublicense Income it or its Affiliate receives from a Sublicensee under any Pass-Through Sublicenses as set forth below, which payments shall be in lieu of the amounts referred to in subsections (a) through (c) of Section 3.7.1 above: (a) [**] percent ([**]%) of the Sublicense Income attributable to a Licensed Product received under a Pass-Through Sublicense prior to the [**] for such Licensed Product of at least [**]; and (b) [**] percent ([**]%) of the Sublicense Income attributable to a Licensed Product received under a Pass-Through Sublicense after the [**] for such Licensed Product of at least [**].

Appears in 2 contracts

Samples: License Agreement (Akouos, Inc.), License Agreement (Akouos, Inc.)

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