Common use of Inflation Clause in Contracts

Inflation. The increments of annual Net Sales tiers set forth in Sections 9.3.3(c) and 9.3.4(c) will be adjusted on a Calendar Year basis commencing January 1, 2002 (and on January 1 of each year thereafter during the term of this Agreement) by an amount equal to the percentage change, if any, in the CPI for the preceding year.

Appears in 2 contracts

Samples: Collaboration Agreement (Isis Pharmaceuticals Inc), Collaboration Agreement (Isis Pharmaceuticals Inc)

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Inflation. The increments of annual Net Sales tiers set forth in Sections 9.3.3(cSection 6.4(a)(i)-(iii) and 9.3.4(cthe cumulative Net Sales milestone set forth in Section 6.3(c) will shall be adjusted upward on a Calendar Year basis commencing January 1, 2002 2003 (and on January 1 of each year thereafter during the term of this Agreement) by an amount equal to the percentage change, if any, in the CPI Consumer Price Index for the preceding year.

Appears in 1 contract

Samples: Collaboration Agreement (Isis Pharmaceuticals Inc)

Inflation. The increments of annual Net Sales tiers set forth in Sections 9.3.3(c) or and 9.3.4(c) will be adjusted on a Calendar Year basis commencing January 1, 2002 (and on January 1 of each year thereafter during the term of this Agreement) by an amount equal to the percentage change, if any, in the CPI for the preceding year.

Appears in 1 contract

Samples: Collaboration Agreement (Isis Pharmaceuticals Inc)

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Inflation. The increments of annual Net Sales tiers set forth in Sections 9.3.3(c) and 9.3.4(c) 4.3 will be adjusted on a Calendar Year basis commencing January 1, 2002 [***] (and on January 1 of each year thereafter during the term of this Agreement) by an amount equal to the percentage change, if any, in the CPI for the preceding year.

Appears in 1 contract

Samples: Development and License Option Agreement (Isis Pharmaceuticals Inc)

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