Royalty Reduction. If Company or an Affiliate or Third Party sublicensee of Company is obligated to pay Third Party Royalties (defined below) for a Licensed Product in Field of Use B, then Company may deduct [***] of such Third Party Royalties from any royalties on Net Sales in Field of Use B due to Cellscript under Section 3.4.2 of this Agreement, provided that:
Appears in 3 contracts
Samples: Patent Sublicense Agreement, Patent Sublicense Agreement (BioNTech SE), Patent Sublicense Agreement (BioNTech SE)
Royalty Reduction. If Company or an Affiliate or Third Party sublicensee of Company is obligated to pay Third Party Royalties (defined below) for a Licensed Product in Field of Use B, then Company may deduct [***] of such Third Party Royalties from any royalties on Net Sales in Field of Use B due to Cellscript mRNA RiboTherapeutics under Section 3.4.2 of this Agreement, provided that:
Appears in 2 contracts
Samples: Patent Sublicense Agreement (BioNTech SE), Patent Sublicense Agreement (BioNTech SE)
