Common use of Only One Royalty Clause in Contracts

Only One Royalty. Company will not be required to pay royalties on Net Sales of any Licensed Product under this Agreement if Company is required to pay royalties on such Net Sales under the Other License Agreement. By way of example, and without limitation, if Net Sales include sales of a product that includes a product that is subject to the Other License Agreement and a Licensed Product that is subject to this Agreement, then the royalty rate with respect to such combination product will be [***], subject to any modifications for Third Party royalties as set forth in Sections A3.2.1 (of this Agreement and the Other License Agreement).