Generic Entry. As used in this Section 3.5(c), “Generic Competition” means, with respect to a given Product in a given country in the Territory, that (a) one or more Generic Products to such Product are available in such country and (b) […***…]. Notwithstanding any provision of this Agreement to the contrary, upon the occurrence of Generic Competition with respect to a Product in a given country in the Territory, any royalty payments owed with respect to such Product in such country pursuant to this Section 3.5 shall be reduced by […***…].
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Sources: License Agreement (Palatin Technologies Inc), License Agreement (Amag Pharmaceuticals Inc.)
Generic Entry. As used in this Section 3.5(c3.4(c), “Generic Competition” means, with respect to a given Product in a given country Jurisdiction in the Territory, that (a) one or more Generic Products to such Product are available in such country Jurisdiction and (b) […***…]. Notwithstanding any provision of this Agreement to the contrary, upon the occurrence of Generic Competition with respect to a Product in a given country Jurisdiction in the Territory, any royalty payments owed with respect to such Product in such country Jurisdiction pursuant to this Section 3.5 3.4 shall be reduced by […***…].
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