Common use of Term of Royalties Clause in Contracts

Term of Royalties. Exelixis’ right to receive royalties for a particular Product under Section 9.3 shall expire on a country-by-country basis upon the later of: (a) [ * ]; or (b) [ * ] (the “Royalty Term”).

Appears in 1 contract

Samples: Collaboration Agreement (Exelixis Inc)

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Term of Royalties. Exelixis’ right to receive royalties for a particular Product under Section 9.3 5.4(a) shall expire on a country-by-country and Product-by-Product basis upon the later [ * ] of: (a) [ * ]; or . Exelixis’ right to receive royalties under Section 5.4(b) shall expire on a country-by-country and Product-by-Product basis upon the [ * ] of: (ba) [ * ] (the “Royalty Term”)].

Appears in 1 contract

Samples: Collaboration Agreement (Exelixis Inc)

Term of Royalties. Exelixis’ right to receive royalties for a particular Product under Section 9.3 8.3 shall expire on a country-by-country basis upon the later of: (a) [ * ]; or (b) [ * ] (the “Royalty Term”).

Appears in 1 contract

Samples: License Agreement (Exelixis Inc)

Term of Royalties. Exelixis’ right to receive royalties for a particular Product under Section 9.3 8.3 shall expire on a country-by-country basis upon the later of: (a) [ * ]] from the [ * ] of [ * ] in such country; or (b) [ * ] in such country of the [ * ] of the [ * ] that is [ * ] by [ * ] (either [ * ] or [ * ] with [ * ]) (the “Royalty Term”).

Appears in 1 contract

Samples: License Agreement (Exelixis Inc)

Term of Royalties. Exelixis’ right to receive royalties for a particular Product under Section 9.3 shall expire on a country-by-country basis upon the later of: (a) [ * ] from the [ * ] of [ * ] in [ * ]; or (b) [ * ] in [ * ] of the [ * ] of the [ * ] that is [ * ] by [ * ] (either [ * ] or [ * ] with [ * ]) (the “Royalty Term”).

Appears in 1 contract

Samples: Collaboration Agreement (Exelixis, Inc.)

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Term of Royalties. Exelixis’ right to receive royalties for a particular Product under Section 9.3 8.3 shall expire on a country-by-country and Product-by-Product basis upon the later of: (a) [ * ]; or (b) [ * ] (the “Royalty Term”). Upon the expiration of the Royalty Term with respect to a Product in a country, BMS shall have a fully-paid-up perpetual license under Section 7.1(c) for the making, using, selling, offering for sale and importing of such Product in such country.

Appears in 1 contract

Samples: Collaboration Agreement (Exelixis Inc)

Term of Royalties. Exelixis’ right to receive royalties for a particular Product under Section 9.3 7.4 shall expire on a country-by-country basis upon the later of: (a) [ * ]; or (b) [ * ] (the “Royalty Term”).

Appears in 1 contract

Samples: Collaboration Agreement (Exelixis Inc)

Term of Royalties. Exelixis’ right to receive royalties for a particular Product under Section 9.3 7.3 shall expire on a country-by-country and Product-by-Product basis upon the later of: (a) [ * ]; or (b) [ * ] (the “Royalty Term”). Upon the expiration of the Royalty Term with respect to a Product in a country, BMS shall have a fully-paid-up perpetual license under Sections 6.1(a) and 6.1(b) for the making, using, selling, offering for sale and importing of such Product in such country.

Appears in 1 contract

Samples: License Agreement (Exelixis Inc)

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