Sublicense Royalties. If BI grants a sublicense hereunder to any Third Party to make, have made, use, distribute for sale or sell the BI Products in any country, BI shall pay to PPI royalties on Net Sales of the BI Products sold by such Third Party in such country at the royalty rate set forth in Section 6.1.1 that would be applicable had such sales been made by BI.
Sublicense Royalties. Exhibit B2 of the Prior Agreement is hereby amended to delete the last sentence of the first paragraph, so such paragraph will read in its entirety as follows:
Sublicense Royalties. For the Disinfectant Field of Use, for each sublicense granted by Licensee, Licensee shall pay to Tufts the lesser of (i) [***] percent ([***]%) of any royalty payments received under such sublicense with respect to sales by the sublicensee of Licensed Products covered by a claim contained in an issued Patent Right or a claim included in a pending application covering a Patent Right on a country-by-country basis or (ii) the royalty which would be due, pursuant to Section 3.4, if Licensee, rather than the sublicensee, had sold the Licensed Product.
Sublicense Royalties. For each sublicense granted by Licensee, Licensee shall pay to Tufts (a) fourteen percent (14%) of that portion of any sublicense issue fees or license maintenance fees received by Licensee which are reasonably attributable to sublicenses of rights granted to Licensee hereunder, and (b) the lesser of (i) [***] percent ([***]%) of any royalty payments received under such sublicense with respect to the Gross Sales by the sublicensee of Licensed Products covered by a claim contained in an issued Patent Right or a claim included in a pending application covering a Patent Right on a country-by-country basis or (ii) the royalty which would be due if Licensee, rather than the sublicensee, had sold the Licensed Product. Funds received by Licensee from a sublicensee for research conducted by Licensee, achievement of product development-related performance milestones, or for equity investments in Licensee will not be subject to any royalties hereunder.
Sublicense Royalties. The Licensee shall pay to the Licensor royalties in respect of sales of Licensed Products by each Sublicensee as follows:
Sublicense Royalties. For the Medical Field of Use, for each sublicense granted by Licensee, Licensee shall pay to Tufts the lesser of (i) [***] percent ([***]%) of any royalty payments received under such sublicense with respect to sales by the sublicensee of Licensed Products covered by a claim contained in an issued Patent Right or a claim included in a pending application covering a Patent Right on a country-by-country basis or (ii) the royalty which would be due, pursuant to Section 3.4, if Licensee, rather than the sublicensee, had sold the Licensed Product. Portions of this Exhibit, indicated by the xxxx “[***],” were omitted and have been filed separately with the Secretary of the Commission pursuant to the Registrant’s application requesting confidential treatment pursuant to Rule 406 of the Securities Act of 1933, as amended. For the Disinfectant Field of Use, Licensee agrees to make the following payments to Tufts:
Sublicense Royalties. In the event that Licensee has sublicensed the Patent Rights for a given country, Licensee agrees to pay and shall pay to CSMC fifteen percent (15%) of any royalties received by Licensee from its Permitted Sublicensees with respect to sales of Products by its Permitted Sublicensee in such country (each, a “Sublicense Royalty,” and together with Direct Royalties, “Royalties”), regardless of the effective date of the sublicense agreement Licensee does not intend to knowingly sublicense the Patent Rights in any country where government marketing approvals have not been obtained.
Sublicense Royalties. If either party grants a license or sublicense -------------------- to any Third Party to make, use or sell a Product or Compound, , such party shall provide the other party with written notice of such license or sublicense, as the case may be, and shall pay to the other party in lieu of the royalties payable under Section C2.1 or C2.2, as the case may be, [ ]* of each milestone and royalty payments and other fees received from such Third Party as a result of such license or sublicense.
Sublicense Royalties. The following sublicense royalties apply:
Sublicense Royalties. As consideration for the license rights granted ACCENTIA under this Agreement and in addition to the amounts payable to JHU pursuant to Section 4.1 above, ACCENTIA will pay REVIMMUNE a running sublicense royalty that is calculated in the same manner as, and paid at the same time as, the running royalty that ACCENTIA will be required to pay to JHU pursuant to Section 3.3 of the JHU License as a result of the sale of Sublicensed Products, except that the rate of such running sublicense royalty shall be four percent (4%) rather than the rate indicated in paragraph 3 of the JHU License.
