Sales by Sublicensees. Licensee agrees to pay and shall pay to TSRI, or cause its Sublicensees to pay to TSRI, all royalties pursuant to Section 3 herein resulting from the Net Sales of its Sublicensees, within sixty (60) days after the end of each calendar quarter, based on Net Sales during the immediately preceding calendar quarter.
Appears in 5 contracts
Samples: License Agreement (Fate Therapeutics Inc), License Agreement (Fate Therapeutics Inc), License Agreement (Fate Therapeutics Inc)
Sales by Sublicensees. Licensee agrees to pay and shall pay to TSRI, or cause its Sublicensees to pay to TSRI, TSRI all royalties Running Royalties pursuant to Section 3 herein resulting from the Net Sales activities of its Sublicensees, within sixty (60) days after the end of each calendar quarter, based on Net Sales during the immediately preceding calendar quarter.
Appears in 1 contract
Sales by Sublicensees. Licensee agrees to pay and shall pay to TSRI, or cause its Sublicensees sublicensees to pay to TSRI, TSRI all royalties pursuant to Section 3 herein resulting from the Net Sales activities of its Sublicenseessublicensees, within sixty ninety (6090) days after the end of each calendar quarter, based on Net Sales during the immediately preceding calendar quarter.
Appears in 1 contract
Samples: License Agreement (Repligen Corp)
Sales by Sublicensees. Licensee agrees to pay and shall pay to TSRI, or cause its Sublicensees that are not Affiliates of Licensee to pay to TSRI, all royalties pursuant to Section 3 herein resulting from the Net Sales of its Sublicensees, within sixty (60) days [***] after the end of each calendar quarter, based royalties under Section 3.5 (as adjusted in accordance with Section 3.6 and/or Section 3.7, if applicable) on Net Sales of Products by Sublicensees during the immediately preceding such calendar quarter.
Appears in 1 contract
Sales by Sublicensees. Licensee agrees to pay and shall pay to TSRI, or cause its Sublicensees sublicensees to pay to TSRI, TSRI all royalties pursuant to Section 3 herein resulting from the Net Sales activities of its Sublicenseessublicensees, within sixty (60) [**] days after the end of each calendar quarter, based on Net Sales during the immediately preceding calendar quarter.
Appears in 1 contract
Samples: License Agreement (Verastem, Inc.)
Sales by Sublicensees. Licensee agrees to pay and shall pay to TSRI, or cause its Sublicensees to pay to TSRI, all royalties pursuant to Section 3 herein resulting from the Net Sales of its Sublicensees, within sixty (60) days after the end of each calendar quarter, based on Net Sales during the immediately preceding calendar quarter.. * Confidential Information, indicated by [***], has been omitted from this filing and filed separately with the Securities and Exchange Commission
Appears in 1 contract
