Royalty Reduction definition
Royalty Reduction has the meaning set forth in Section 3.14(f).
Royalty Reduction is defined in Section 4.1(h)(xii).
Royalty Reduction is defined in Section 4.9(k).
Examples of Royalty Reduction in a sentence
For the sake of clarity, the reduction provided in this Section 8.5 (Peer Product Adjustment) shall be in addition to any reduction provided in Section 8.4 (Royalty Reduction), subject to the provisions of Section 8.6 (Limits).
Notwithstanding the foregoing, in no event shall the total deductions or reductions under Sections 8.4 (Royalty Reduction) and 8.5 (Peer Product Adjustment) in the aggregate reduce the royalties payable to Rani under Section 8.3 (Royalty Payments) with respect to Product in an applicable country in any Calendar Quarter by [*].
To the Knowledge of the Seller, no event or condition exists that would reasonably be expected to permit Amgen to claim, or have the right to claim, a Royalty Reduction.
More Definitions of Royalty Reduction
Royalty Reduction means any Royalty Payments that are discharged, suspended, or deferred in accordance with Section 8.3.2 or Section 11.3.4 of the License Agreement;
Royalty Reduction is defined in Section 3.1(h)(xi).
Royalty Reduction has the meaning set forth in Section 3.13(f); provided, however, that “Royalty Reduction” shall not include any Set-off or reduction on account of Taxes.
Royalty Reduction is defined in Section 4.8(l).
Royalty Reduction means any adjustments, modifications, credits, offsets, reductions or deductions to payments made under Section 6.3 of the License Agreement pursuant to Section 6.3(b), Section 6.3(c) or Section 6.3(d) of the License Agreement (and subject to the limitation imposed by Section 6.3(e) of the License Agreement).
Royalty Reduction in the Absence of Patent Protection. The royalty amounts set forth above shall be reduced by [**] on a country-by- country basis at any such time that there are no Patent Rights containing a Valid Claim with respect to the Active Compound which is an ingredient of such Licensed Product in such country.
Royalty Reduction is defined in Section 3.1(i)(ix).