Royalty Territory definition
Examples of Royalty Territory in a sentence
Any decision to initiate a recall or withdrawal of a Product in the Royalty Territory shall be made by BMS.
Such license shall be revenue-bearing with respect to Products Commercialized in the U.S. and royalty-bearing with respect to Products Commercialized in the Royalty Territory.
Despite government support, ECD financing is still facing inadequate and tracking dispatched finances is yet to be in place.
For clarity, BMS shall be solely responsible for the Commercialization of each Product in the Royalty Territory and for each Royalty-Bearing Product in the United States.
The costs related to such activities at BI as requested by Roche shall be shared as a Development Cost for the Shared Territory or borne for the Royalty Territory by Roche [*], as applicable.