Royalty Bearing Territory definition

Royalty Bearing Territory means (a) with respect to Co-Developed Products, all countries outside of the Co-Development Territory and (b) with respect to Products, all countries within the Territory.
Royalty Bearing Territory means all countries and jurisdictions in the Territory; provided, however, that in the event that Ambit exercises the Co-Promotion Option pursuant to Section 3.8 with respect to a Product, the U.S. is excluded from the Royalty Bearing Territory with respect to such Co-Promoted Product during the applicable Co-Promotion Term.
Royalty Bearing Territory means (a) with respect to Co-Developed Products, all countries within the Biotest Territory and (b) with respect to Biotest Products, all countries within the Territory.

Examples of Royalty Bearing Territory in a sentence

  • Astellas’s registration, maintenance and defense of any trademarks for Product in the Royalty Bearing Territory shall be at Astellas’s own cost and expense.

  • In any Calendar Year where aggregate Net Sales of all Products in the Royalty Bearing Territory exceed […***…], an additional payment of […***…] shall be paid to Ambit by Astellas (in addition to the royalty payments payable pursuant to Section 4.3.1).

  • Such payment shall be made no later than the sixtieth (60th) day following the end of the Calendar Quarter in which aggregate Net Sales for the Calendar Year of all Products in the Royalty Bearing Territory exceeded […***…].

  • The determination of the countries in the Royalty Bearing Territory in which to file Joint Patents shall be made by ORTHO.

  • For each Product being sold by or on behalf of Astellas or any Related Party in a country in the Royalty Bearing Territory during the Royalty Term applicable to such Product in such country, Astellas shall pay royalties to Ambit based on the aggregate amount of the Net Sales of all Products in the Royalty Bearing Territory in each Calendar Year (or partial Calendar Year) as calculated using the royalty rates set forth in the table below.


More Definitions of Royalty Bearing Territory

Royalty Bearing Territory means the world.
Royalty Bearing Territory means the world, excluding the Co- ------------------------- Promotion Territory and Canada.
Royalty Bearing Territory means the Territory excluding (i) those countries (and their territories and possessions) in Africa and (ii) GAVI Eligible Countries (and their territories and possessions).
Royalty Bearing Territory means the Territory excluding [*] and [*].
Royalty Bearing Territory means (a) with respect to Co-Developed Products, all countries outside of the Co-Development Territory and
Royalty Bearing Territory means the world. -------------------------
Royalty Bearing Territory means the world, excluding (i) the Profit/Loss --------------------------- Sharing Territory (unless for a particular Collaboration Product ORTHO elects to convert such Profit/Loss Sharing Territory to a Royalty Bearing Territory) and (ii) Japan if ORTHO does not exercise its option as set forth in Section 3.02(c).