Common use of Upon First Commercial Sale Clause in Contracts

Upon First Commercial Sale. COMPANY shall report to THE PARTIES the date of first commercial sale of a LICENSED PRODUCT, DISCOVERY PRODUCT or THERAPEUTIC PRODUCT and the date of first commercial performance of a LICENSED PROCESS within sixty (60) days of occurrence in each country.

Upon First Commercial Sale. COMPANY shall report to THE PARTIES XXXXXXXXX the date of first commercial sale of a each LICENSED PRODUCT, DISCOVERY PRODUCT or THERAPEUTIC and each IDENTIFIED PRODUCT and the date of first commercial performance of a LICENSED PROCESS within sixty (60) [**] days of occurrence in each country.