Running Royalty. As consideration for the license under this Agreement, Licensee shall pay to Licensor an earned royalty of two percent (2.0%) of Net Sales. Earned royalties shall accrue in each country for the duration of Patent Rights or Regulatory Exclusivity in that country.
Appears in 3 contracts
Samples: License Agreement, License Agreement, License Agreement
Running Royalty. As consideration for the license under this Agreement, Licensee shall pay to Licensor an earned royalty of two percent (2.0%) of Net Sales. Earned royalties shall accrue in each country for the duration of Patent Rights or Regulatory Exclusivity in that country.
Appears in 3 contracts
Samples: License Agreement, License Agreement, License Agreement
Running Royalty. As consideration for the license under this Agreement, Licensee shall pay to Licensor an earned royalty of two three percent (2.03%) of Net Sales. Earned royalties shall accrue in each country for the duration of Patent Rights or Regulatory Exclusivity in that country.
Appears in 2 contracts
Samples: License Agreement (Biotime Inc), License Agreement (Biotime Inc)
