Common use of Settlement Payment Clause in Contracts

Settlement Payment. Any amounts that either Party becomes obligated to pay as a result of any settlement of or decision rendered in any defense pursuant to this Section 9.6 with respect to the manufacture, use, sale, offer for sale or import of the Product in or for the Licensed Territory shall be [*] and [*] as provided in Section [*].

Appears in 2 contracts

Samples: Collaboration and License Agreement (Affymax Inc), Collaboration and License Agreement (Affymax Inc)

AutoNDA by SimpleDocs

Settlement Payment. Any amounts that either Party becomes obligated to pay as a result of any settlement of or decision rendered in any defense pursuant to this Section 9.6 with respect to the manufacture, use, sale, offer for sale or import of the Product in or for the Licensed Territory shall be [*] and [*] shared as provided in Section [*]8.2.

Appears in 2 contracts

Samples: Confidential Treatment (Tg Therapeutics, Inc.), Confidential Treatment (Tg Therapeutics, Inc.)

AutoNDA by SimpleDocs

Settlement Payment. Any amounts that either Party becomes obligated to pay as a result of any settlement of or decision rendered in any defense pursuant to this Section 9.6 with respect to the manufacture, use, sale, offer for sale or import of the Product in or for the Licensed Territory shall be [*[ * ] and [*[ * ] as provided in Section [*[ * ].

Appears in 1 contract

Samples: Collaboration and License Agreement (Affymax Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.