Salix Generic Sample Clauses

Salix Generic. Salix shall be permitted (whether directly or indirectly) to Commercialize a Salix Generic provided that: 2.10.1 it will not effect Launch of such Salix Generic prior to the expiry of the Orphan Drug Exclusivity Term (but may effect pre Launch activities during the period of six months preceding such expiry); [*] Confidential treatment requested; certain information omitted and filed separately with the SEC. 2.10.2 such Salix Generic shall be a Product for the purpose of calculating Sales of Products under Section 4.1.1; 2.10.3 it shall pay a royalty on any such Salix Generic for the Royalty Term in respect of the ▇▇▇▇▇▇ Product in accordance with Section 4.1.5.