Common use of Sublicense Royalties Clause in Contracts

Sublicense Royalties. If BI grants a sublicense hereunder to any Third Party to make, have made, use, distribute for sale or sell the BI Products in any country, BI shall pay to PPI royalties on Net Sales of the BI Products sold by such Third Party in such country at the royalty rate set forth in Section 6.1.1 that would be applicable had such sales been made by BI.

Sublicense Royalties. If BI grants a sublicense hereunder to any Third Party to make, have made, use, distribute for sale or sell the BI Licensed Products in any country, BI shall pay to PPI Transcend royalties on Net Sales of the BI Licensed Products sold by such Third Party in such country at the royalty rate set forth in Section 6.1.1 7.4.1, 7.4.2 and/or 7.4.3 that would be applicable had such sales been made by BI.