Annual Worldwide Net Sales definition

Annual Worldwide Net Sales means the total Net Sales of the applicable Licensed Product in all countries in a particular Calendar Year.
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Annual Worldwide Net Sales means the total Net Sales of all Licensed Products generated in a particular calendar year in all countries of the Territory, collectively, during the Royalty Term.
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Examples of Annual Worldwide Net Sales in a sentence

  • On a country-by-country basis, during the Royalty Term for a Product in a country, Akcea will pay Ionis royalties on Annual Worldwide Net Sales of Products sold by Akcea, its Affiliates, and its Sublicensees (notwithstanding anything to the contrary set forth in the definition of Net Sales) in accordance with Table X below.

  • A separate report summarizing the Annual Worldwide Net Sales of each Licensed Product in each Separate Therapeutic Area (the "Annual Report") shall be delivered to 3DP within sixty (60) days of the end of the First Sales Year and each subsequent Sales Year.

  • Therapeutic Protein Annual Worldwide Net Sales Product Product --------------------------- ------------ -------- [***].............................................

  • For example, if Annual Worldwide Net Sales [***] in the first year, both the [***] milestone payments would be payable.

  • Annual Worldwide Net Sales of the Product Milestone Payment Equal or exceed $[*****] [***** ] Equal or exceed $[*****] [***** ] Equal or exceed $[*****] [***** ] Equal or exceed $[*****] [***** ] For clarity, the payments made under this Section 8.3(d) shall not exceed [*****] per Product.

  • Within twenty (20) days after the end of each Calendar Quarter , GSK shall pay Theravance royalty payments based on Net Sales in such Calendar Quarter during the Term as follows: On total Annual Worldwide Net Sales up to and including U.S. $3 Billion: 15 % On total Annual Worldwide Net Sales greater than U.S. $3 Billion: 5 % ***CERTAIN INFORMATION HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION.

  • During the Royalty Term, Lilly shall pay Centrexion a royalty on a country-by-country basis on only that portion of Net Sales of all Products as designated below and at the rates set forth below (each such royalty payment, a “Royalty”), as calculated by multiplying the applicable Royalty Rate set forth below by the corresponding portion of Annual Worldwide Net Sales of all Products (taken cumulatively) in such Calendar Year.

  • Schering shall pay the following amounts upon the occurrence of the following sales related milestones: Annual Worldwide Net Sales of at least [*] [*] Annual Worldwide Net Sales of at least [*] [*] Annual Worldwide Net Sales of at least [*] [*] Annual Worldwide Net Sales shall be determined on a calendar year basis.