Common use of Creditable Payments Clause in Contracts

Creditable Payments. The license maintenance fee for a year may be offset against earned royalty payments due on Net Sales occurring in that year. For example:

Appears in 34 contracts

Samples: Exclusive License Agreement (Bionano Genomics, Inc.), Certain Confidential Information (Medicenna Therapeutics Corp.), Certain Confidential Information (Medicenna Therapeutics Corp.)

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Creditable Payments. The license maintenance fee for paid in a calendar year may be offset against earned royalty payments due on Net Sales occurring in that year. For example:

Appears in 5 contracts

Samples: Exclusive License Agreement With Equity (ADiTx Therapeutics, Inc.), Equity) Agreement, Exclusive (Equity) Agreement (BridgeBio Pharma, Inc.)

Creditable Payments. The license maintenance fee for a year may be offset against earned royalty payments due on Net Sales occurring in that year. For example:: [***]

Appears in 2 contracts

Samples: 10x Genomics, Inc., 10x Genomics, Inc.

Creditable Payments. The license maintenance fee for a year may be offset against earned royalty Running Royalty payments due on Net Sales occurring in that year. For example:

Appears in 2 contracts

Samples: Exclusive Agreement (Biovest International Inc), Exclusive Agreement (Accentia Biopharmaceuticals Inc)

Creditable Payments. The license maintenance fee for a year may be offset against earned royalty payments due on Net Sales occurring in that year, including the [*****]minimum fee. For example:: [*****]

Appears in 1 contract

Samples: License Agreement (Versartis, Inc.)

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Creditable Payments. The license maintenance fee for a year may be offset against earned royalty Earned Royalty payments due on Net Sales occurring in that year. For example:

Appears in 1 contract

Samples: Exclusive License Agreement (Kala Pharmaceuticals, Inc.)

Creditable Payments. The license maintenance fee for a year may be offset against earned royalty payments due on Net Sales occurring in that year. year.β€Œ For example:

Appears in 1 contract

Samples: Nonexclusive Agreement

Creditable Payments. The license maintenance fee for a year may be offset against earned royalty payments due on Net Sales occurring in that year, including the [*****]minimum fee. For example:

Appears in 1 contract

Samples: License Agreement (Versartis, Inc.)

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