Common use of No Multiple Royalties Clause in Contracts

No Multiple Royalties. No multiple royalties shall be due because any Licensed Product or Licensed Process is covered by more than one of the Licensed Patent Rights. In such case, Licensee shall pay only one royalty at the highest of the applicable rates pursuant to Section 3.3 above.

Appears in 6 contracts

Samples: License Agreement (Fate Therapeutics Inc), License Agreement (Fate Therapeutics Inc), License Agreement (Fate Therapeutics Inc)

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No Multiple Royalties. No multiple royalties shall be due because any Licensed Product or Licensed Process is covered by more than one Valid Claim of the Licensed Patent Rights. In such case, Licensee shall pay only one royalty at the highest of the applicable rates rate(s) pursuant to clause (A) or clause (B) of Section 3.3 above, as applicable. *** Confidential material redacted and filed separately with the Commission.

Appears in 3 contracts

Samples: License Agreement (Receptos, Inc.), License Agreement (Receptos, Inc.), License Agreement (Receptos, Inc.)

No Multiple Royalties. No multiple royalties Royalties shall be due because any a Licensed Product or Licensed Process is covered by more than one of Valid Claim within the Licensed Patent Rights. In such case, Licensee shall pay only one royalty Royalty at the highest of the applicable rates rate pursuant to Section 3.3 4.4 above.

Appears in 3 contracts

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

No Multiple Royalties. No multiple royalties shall be due because any Licensed Product or Licensed Process is covered Covered by more than one Valid Claim of the Licensed Patent Rights. In such case, Licensee shall pay only one royalty at the highest of the applicable rates rate(s) pursuant to Section 3.3 3.4 above.

Appears in 2 contracts

Samples: License Agreement (Poniard Pharmaceuticals, Inc.), License Agreement (Poniard Pharmaceuticals, Inc.)

No Multiple Royalties. No multiple royalties shall will be due because any Licensed Product or Licensed Process is covered by more than one of the Licensed Patent RightsPatent. In such case, Licensee shall pay only one royalty Royalty at the highest of the applicable rates rate pursuant to Section 3.3 above, as adjusted pursuant to Section 3.4 or Section 3.5, as applicable.

Appears in 1 contract

Samples: License Agreement (Emmaus Life Sciences, Inc.)

No Multiple Royalties. No multiple royalties shall be due because any Licensed Product or Licensed Process is covered by more than one of the Licensed Patent Rights. In such case, Licensee shall pay only one royalty at the highest of the applicable rates rate pursuant to Section 3.3 3.2 above, as adjusted pursuant to Section 3.4 and/or Section 3.5, as applicable.

Appears in 1 contract

Samples: License Agreement (Senesco Technologies Inc)

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No Multiple Royalties. No multiple royalties shall be due because any Licensed Product or Licensed Process is covered by more than one of the Licensed Patent Rights. In such case, Licensee shall pay only one royalty at the highest of the applicable rates rate pursuant to Section 3.3 3.5 above.

Appears in 1 contract

Samples: License Agreement (Vividion Therapeutics, Inc.)

No Multiple Royalties. No multiple royalties shall be due because any Licensed Product Product, Licensed Service or Licensed Process is covered by more than one of the Licensed Patent RightsRights or can be categorized as a Licensed Product and a Derivative Product. In such case, Licensee shall pay only one royalty at the highest of the applicable rates rate pursuant to Section 3.4 above. If both Sections 3.3 above(a) and 3.3 (b) are applicable to a given Product, then Licensee shall pay the rate specified in Section 3.3 (a).

Appears in 1 contract

Samples: License Agreement (ChromaDex Corp.)

No Multiple Royalties. No multiple royalties shall be due because any with respect to sales of a particular Licensed Product or because such Licensed Process Product is covered by more than one Valid Claim of the Licensed Patent Rights. In such case, Licensee shall pay only one royalty at the highest of the applicable rates rate pursuant to Section 3.3 above.

Appears in 1 contract

Samples: License Agreement (Cempra, Inc.)

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