Common use of One Payment Clause in Contracts

One Payment. No more than one payment shall be due with respect to a ----------- sale of a particular Licensed Product. No multiple payments shall be payable because any Licensed Product, or its manufacture, sale or use is covered by more than one Valid Claim. No amount shall be payable under Sections 3.2 or 3.3 above with respect to Licensed Products distributed for use in research and/or development, in clinical trials, or as promotional samples where such samples are provided at or below cost.

Appears in 3 contracts

Samples: License Agreement (Genvec Inc), Warrant Agreement (Genvec Inc), Warrant Agreement (Genvec Inc)

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One Payment. No more than one payment shall be due with respect to a ----------- sale of a particular Licensed Product. No multiple payments shall be payable because any Licensed Product, or its manufacture, sale or use is covered by more than one Valid Claim. No amount shall be payable under Sections 3.2 or 3.3 above with respect to Licensed Products distributed for use in research and/or development, in clinical trials, or as promotional samples where such samples are provided at or below cost.

Appears in 2 contracts

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

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