Sublicense Income Payments. Xxxxxx shall pay Enanta the Applicable Percentage of all Sublicense Income received by Xxxxxx under Sublicense Agreements with respect to Products (“Sublicense Income Payments”). As used herein, the term “Applicable Percentage” shall mean [*****]. Xxxxxx shall make all Sublicense Income Payments within thirty (30) days of the end of the Calendar Quarter commencing with the first Calendar Quarter in which any Sublicense Income is received.
Appears in 6 contracts
Samples: Collaborative Development and License Agreement (Enanta Pharmaceuticals Inc), Collaborative Development & License Agreement, Collaborative Development and License Agreement (Enanta Pharmaceuticals Inc)
