Common use of Duration of Royalty Obligations Clause in Contracts

Duration of Royalty Obligations. The royalty obligations of Licensee as to each Product shall terminate on a country-by-country and product-by-product basis concurrently with the expiration of:

Appears in 7 contracts

Samples: Exclusive Option Agreement (Kairos Pharma, LTD.), Exclusive License Agreement (Kairos Pharma, LTD.), Exclusive License Agreement (Kairos Pharma, LTD.)

AutoNDA by SimpleDocs

Duration of Royalty Obligations. The royalty obligations of Licensee Licensee, its Affiliates or Sublicensees as to each Product shall terminate continue on a country-by-country and product-by-product basis concurrently with until the later of (a) the expiration of:of the last to expire Valid Claim of the Licensed Patent Rights in the Territory, and (b) the tenth (10th) anniversary of the first commercial sale of such Product in such country, except as otherwise provided in Section 4.4(a).

Appears in 3 contracts

Samples: License Agreement (Neumora Therapeutics, Inc.), License Agreement (Neumora Therapeutics, Inc.), License Agreement (Neumora Therapeutics, Inc.)

Duration of Royalty Obligations. The royalty obligations of Licensee as to each Licensed Product shall terminate on a country-by-country and product-by-product basis concurrently with the expiration of:of the last to expire of Licensor Patent and Trademark Rights utilized by or in such Licensed Product in each such country.

Appears in 2 contracts

Samples: License Agreement (Ista Pharmaceuticals Inc), License Agreement (Ista Pharmaceuticals Inc)

Duration of Royalty Obligations. The royalty obligations of Licensee as to each Product shall terminate on a country-by-country and product-by-product basis concurrently with the expiration of:of the last to expire of a Valid Claim within the Patent Rights that covers such Product, including any term extensions thereof.

Appears in 2 contracts

Samples: Exclusive License Agreement (Kairos Pharma, LTD.), Exclusive License Agreement (Kairos Pharma, LTD.)

Duration of Royalty Obligations. The royalty obligations of Licensee as to each Product shall terminate on a country-by-country and product-by-product basis concurrently with the expiration of:of the last to expire Valid Claim that covers such Product in a country, including any term extensions thereof.

Appears in 2 contracts

Samples: Exclusive License Agreement (Innovest Global, Inc.), Exclusive License Agreement (Innovest Global, Inc.)

Duration of Royalty Obligations. The royalty obligations of Licensee as to each Product shall terminate on a country-by-country and productProduct-by-product Product basis on the later of: (1) for any Product that infringes on a Valid Claim, concurrently with the expiration of:last to expire of a Valid Claim that covers such Product, including any term extensions thereof, and (2) for any Product that does not infringe on a Valid Claim, ten (10) years from the date of First Commercial Sale of such Product in the applicable country (each, a “Royalty Term”).

Appears in 2 contracts

Samples: Exclusive License Agreement (Prometheus Biosciences, Inc.), Exclusive License Agreement (Prometheus Biosciences, Inc.)

AutoNDA by SimpleDocs

Duration of Royalty Obligations. The royalty obligations of Licensee as to each Product shall terminate on a country-by-country and product-by-product basis concurrently with the expiration of:of the last to expire of a Valid Claim within the Patent Rights that covers such Product, including any term extensions thereof

Appears in 1 contract

Samples: Exclusive License Agreement (Kairos Pharma, LTD.)

Duration of Royalty Obligations. The royalty obligations of Licensee as to each Licensed Product shall terminate on a country-by-country and product-by-product basis concurrently with the latter of (i) the expiration of:of the last to expire of Rensselaer Patent Rights utilized by or in such Licensed Product in each such country or (ii) the last sale of Licensed Product in each such country which was produced during the term of this License Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Acquisition (Avalon Oil & Gas, Inc.)

Duration of Royalty Obligations. The royalty obligations of Licensee as to each Product shall terminate on a country-by-country and product-by-product basis concurrently with the expiration of:of the last to expire of a Valid Claim within the Patent Rights that covers such Product in each such country, including any term extensions thereof; provided, that notwithstanding the foregoing, Licensee’s royalty obligations as to the ICT-140 Product shall terminate as set forth in subsection 1(b) of this Schedule F.

Appears in 1 contract

Samples: Exclusive License Agreement (ImmunoCellular Therapeutics, Ltd.)

Time is Money Join Law Insider Premium to draft better contracts faster.