Common use of Duration of Royalty Obligations Clause in Contracts

Duration of Royalty Obligations. The obligation of Licensee to pay the royalty under Section 4.3 with respect to each Product will terminate in each country in the Territory upon the occurrence of the later of:

Appears in 3 contracts

Samples: License Agreement (Ribapharm Inc), License Agreement (Ribapharm Inc), License Agreement (Ribapharm Inc)

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Duration of Royalty Obligations. The obligation of Licensee period during which LICENSEE is required to pay the royalty under Section 4.3 with respect to each Product (the Royalty Obligation Period) will terminate in each country in the Territory upon the occurrence of the later of:

Appears in 1 contract

Samples: Development and License Agreement (Valeant Pharmaceuticals International)

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