Common use of Compulsory Licensing Clause in Contracts

Compulsory Licensing. If a Third Party seeks a compulsory license for a Collaboration Product in accordance with appropriate provisions of the laws of any country and ISIS and ZENECA agree that the Third Party is legally entitled to such license or the Third * CONFIDENTIAL TREATMENT REQUESTED

Compulsory Licensing. If a Third Party seeks a compulsory license for a Collaboration Product in accordance with appropriate provisions of the laws of any country and ISIS and ZENECA agree that the Third Party is legally entitled to such license or the Third * CONFIDENTIAL TREATMENT REQUESTEDREQUESTED 15 Party is awarded such license by a decision of the appropriate governmental authority to make such decisions, the granting of such license will not constitute a breach of ISIS' obligations ZENECA will have right to reduce the royalty on sales in such country to an amount no greater than the amount payable by the said Third Party as consideration for the compulsory license.

Compulsory Licensing. If a Third Party seeks a compulsory license for a Collaboration Product in accordance with appropriate provisions of the laws of any country and ISIS and ZENECA agree that the Third Party is legally entitled to such license or the Third * CONFIDENTIAL TREATMENT REQUESTEDREQUESTED 12 Party is awarded such license by a decision of the appropriate governmental authority to make such decisions, the granting of such license will not constitute a breach of ISIS' obligations ZENECA will have right to reduce the royalty on sales in such country to an amount no greater than the amount payable by the said Third Party as consideration for the compulsory license.