Third Party Consideration. In the case of a Commercial Sale other than in an arm's-length transaction exclusively for money, such as barter or counter-trade, the amount of such Commercial Sale shall be calculated using the fair market value of such Licensed Product (if higher than the stated sales price) in the country of disposition.
Appears in 6 contracts
Sources: Sub License Agreement (Biodelivery Sciences International Inc), License Agreement (Eurotech LTD), Sub License Agreement (Bioral Nutrient Delivery LLC)
Third Party Consideration. In the case of a Commercial Sale other than in ------------------------- an arm's-length transaction exclusively for money, such as barter or counter-trade, the amount of such Commercial Sale shall be calculated using the fair market value of such Licensed Product (if higher than the stated sales price) in the country of disposition.
Appears in 1 contract
Sources: Sub License Agreement (Biodelivery Sciences International Inc)