Common use of Running Royalty Clause in Contracts

Running Royalty. (a) As additional consideration for the grant of the licenses provided hereunder, Kos shall pay Fuisz a running royalty of ****************** of Net Sales of Licensed Product commencing on the first Commercial Sale of Licensed Product by Kos or its Sublicensees.

Appears in 2 contracts

Samples: License Agreement (Kos Pharmaceuticals Inc), License Agreement (Kos Pharmaceuticals Inc)

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Running Royalty. (a) As additional consideration for the grant of the licenses provided hereunder, Kos shall pay Fuisz a running royalty of ****************** of Net Sales of Licensed Product commencing on the first Commercial Sale of Licensed Product by Kos or its Sublicensees.

Appears in 2 contracts

Samples: License Agreement (Kos Pharmaceuticals Inc), License Agreement (Kos Pharmaceuticals Inc)

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