Term of Royalty Obligations. (a) Genentech shall pay royalties hereunder with respect to Franchise Products in each country in the Licensed Territory for eleven (11) years from the date of first commercial sale of such Franchise Product in such country.
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Samples: Collaboration Agreement (Genentech Inc), Collaboration Agreement (Idec Pharmaceuticals Corp / De)
Term of Royalty Obligations. (a) Genentech shall pay royalties hereunder with respect to Franchise Products in each country in the Licensed Territory for eleven (11) years [CONFIDENTIAL TREATMENT REQUESTED] from the date of first commercial sale of such Franchise Product in such country.
Appears in 1 contract
Samples: Collaboration Agreement (Idec Pharmaceuticals Corp / De)
Term of Royalty Obligations. (a) Genentech shall pay royalties hereunder with respect to Franchise Products and OCR in each country in the Licensed Territory for eleven (11) years from the date of first commercial sale of such Franchise Product or OCR, respectively, in such country. Genentech shall pay royalties hereunder with respect to OCR in the Co-Promotion Territory until [**].
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