Common use of Royalty Period Clause in Contracts

Royalty Period. The royalty payments set forth above shall be payable for each Licensed Product on a product-by-product and country-by- country basis from the time of First Commercial Sale of Licensed Product in such country until the later of: (a) ten (10) years from the time of First Commercial Sale of Licensed Product in such country; or (b) until the last-to-expire or -lapse of Patent Rights containing a Valid Claim with respect to the Active Compound which is an ingredient of such Licensed Product in such country.

Royalty Period. The royalty payments set forth above shall be payable for each Licensed Product on a product-by-product and country-by- by-country basis from the time of First Commercial Sale of Licensed Product in such country until the later of: of (ai) ten (10) [**] years from the time of First Commercial Sale of Licensed Product in such country; country or (bii) until the last-to-last to expire or -lapse of Patent Rights patent containing a Valid Claim providing marketing exclusivity with respect to the Active Compound which is an ingredient of such Licensed Product in such countryProduct.

Royalty Period. The royalty payments set forth above shall be payable for each Licensed Product on a product-by-product and country-by- by-country basis from the time of First Commercial Sale of Licensed Product in such country until the later of: of (ai) ten (10) 10 years from the time of First Commercial Sale of Licensed Product in such country; country or (bii) until the last-to-last to expire or -lapse of Patent Rights patent containing a Valid Claim providing marketing exclusivity with respect to the Active Compound which is an ingredient of such Licensed Product in such countryProduct.

Royalty Period. The royalty payments set forth above in Section 5.9 shall be payable for each Licensed Product on a product-by-product and country-by- by-country basis from the time of First Commercial Sale of Licensed Product in such country until the later of: (a) ten (10) years [* *] from the time of First Commercial Sale of Licensed Product in such country; or (b) until the last-to-expire or -lapse of Patent Rights containing a Valid Claim with respect to the Active Compound (including without limitation a Replacement Compound) which is an ingredient of such Licensed Product in such country.

Royalty Period. The royalty payments set forth above shall be payable for each Licensed Product on a product-by-product and country-by- by-country basis from the time of First Commercial Sale of such Licensed Product in such country until the later of: of (ai) ten (10) 10 years from the time of First Commercial Sale of such Licensed Product in such country; country or (bii) until the last-to-last to expire or -lapse of Patent Rights containing a Valid Claim with respect to that covers the Active Compound which is an ingredient making, using, or selling of such Licensed Product in such country.

Royalty Period. The royalty payments set forth above shall be payable for each Licensed Product on a product-by-product and country-by- by-country basis from the time date of First Commercial Sale of such Licensed Product in such country until the later of: (a) ten (10) years [**] from the time date of First Commercial Sale of such Licensed Product in such country; or (b) until the last-to-expire or -lapse of Patent Rights containing a Valid Claim with respect to the Active Compound which is an ingredient of such Licensed Product in such country[**].