Examples of Royalty Expiration Date in a sentence
After the Royalty Expiration Date for the Product, Exhale shall thereafter have an exclusive (even as to Schering), paid-up license to Schering Know-how to Develop, and Commercialize the Product in the Field in the Territory as set out in Article II hereof.
Where OV as per Sections 5.4, 5.5 and this Section 11.1(a) decides that it itself will pursue and advance the development of Product past Phase 2 Clinical Trial and Commercialize Product as contemplated in this Agreement, and notifies LP hereof, the Term of the Agreement shall be automatically extended through the Royalty Expiration Date.
Following the Royalty Expiration Date specified in Section 5.1(b) below, and provided that this Agreement has not been terminated by Schering under Section 10.2(a) or by 3DP under Section 10.2(b) or 10.2(c), Schering shall, in each country of the world, have an exclusive (even as to 3DP), paid-up, sub-licensable license under 3DP Know- How to research, develop, make, have made, use, sell and import for sale Licensed Compounds and Licensed Products.
After the Royalty Expiration Date, Schering shall thereafter have an exclusive (even as to Techniclone), paid-up license to Techniclone Know-How to make, have made, use, sell, offer for sale, have sold and import the Antibody and/or Product in that country, PROVIDED, HOWEVER, that if Schering elects not to continue paying royalties as provided herein in subsection (g) below at any time after the Royalty Expiration Date, such license shall be non-exclusive.
Unless otherwise terminated, this ----------------------- Agreement shall expire upon the last Royalty Expiration Date.
The amounts payable under Section 4.3 shall be paid on a Licensed Product-by-Licensed Product and country-by-country basis until the Royalty Expiration Date applicable to each Licensed Product in each country.
At the close of each calendar quarter through the Royalty Expiration Date, CBI shall compute Adjusted Total Revenue for such calendar quarter, and the amounts due thereon pursuant to Section 2.3 shall be paid to MAS within fifty-five (55) days after the close of such quarter by mail to MAS, 000 Xxxxx Xx., Xxxxx 000, Xxx Xxxxx, XX 00000, or such other address as MAS may notify to CBI.
Except as otherwise provided in this Section 5, from the time of execution of this Agreement and up to the later of December 31, 2005 or the expiration of the last extension option exercised pursuant to Section 9 hereof (the "Royalty Expiration Date"), the Company shall pay Executive supplemental compensation ("Royalties") equal to 1% of Net Sales (as hereafter defined) of the Company or Kos Pharmaceutical, Inc.
This Exclusive License Agreement will commence upon the Effective Date and shall continue in full force and effect until expiration, revocation or invalidation of the last patent or the abandonment of the last application within the Baylor Patent Rights or the MAS Technology licensed hereunder or expiration of the Royalty Expiration Date, whichever is later.
Schering, at its sole discretion, may elect to continue paying royalties under Section 6.01(a)-(f) after the Royalty Expiration Date PROVIDED Schering gives Techniclone at least [...***...] months notice prior to the then scheduled Royalty Expiration Date, and further PROVIDED , that the applicable royalty will be [...***...] (subject to reduction under subsections (b) and (f)).