Examples of Covering Claim in a sentence
For purposes of this Section 6.2(a), the term "Covering Claim" shall mean a claim contained in any of the Patents that would be infringed but for the Exclusive License granted hereunder.
Upon expiration of the last-to-expire Covering Claim for any Licensed Product and country, such license for such Licensed Product and country will be fully-paid and royalty-free.
LICENSEE will not, however, be relieved from paying any royalties that accrued before such date or that are based on another Covering Claim that remains a Valid Claim.
In the event that, during the Royalty Term for any Related Licensed Product and country, no Covering Claim exists for the corresponding Licensed Cell Product in such country, then the royalties payable under Section 4.4(a) on Net Sales of such Licensed Cell Product in such country will be reduced by […***…] for the remainder of such Royalty Term.
For clarity, if there is no Covering Claim for a particular Licensed Product and country, then no royalties will be due on Net Sales in such country.
The royalty rates set forth in Section 6.5(a) and Section 6.5(b) applicable to the Net Sales of any Licensed Product in any country will be reduced by [*****] percent ([*****]%) during any period of the Royalty Term when there exists no Covering Claim for such Licensed Product in such country and there is no Regulatory Exclusivity for such Licensed Product in such country.
Species/Strain [Accession number]Two highly conserved regions are shown.
Enclose documentation of the costs related to the Cabinet Covering Claim, including the date(s) of the charges assessed, the services and/or materials provided, and the amount paid, in order to receive reimbursement for a Cabinet Covering Claim.
The royalty rates set forth in Section 6.5(a) and Section 6.5(b) applicable to the Net Sales of any Licensed Product in any country will be reduced by [***] percent ([***]%) during any period of the Royalty Term when there exists no Covering Claim for such Licensed Product in such country and there is no Regulatory Exclusivity for such Licensed Product in such country.