Initial Royalty Term. During the Initial Royalty Term, if one or more [***] obtain individually or in the aggregate [***] percent ([***]%) or more of [***] in the United States for any calendar quarter, then Prometheus shall pay to Alizyme a reduced Royalty for Net Sales for such calendar quarter in accordance with subsection (c) below.
Appears in 2 contracts
Sources: License Agreement (Prometheus Laboratories Inc), License Agreement (Prometheus Laboratories Inc)