Incremental Royalties definition

Incremental Royalties means that term as defined in Section 8.2.
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Incremental Royalties means, with respect to Co-Developed Product as to which Agenus exercises its right under Section 4.4(d) or a Converted Product, the difference, in Dollars, in royalties actually paid to Agenus on Net Sales of a unit of the applicable Product at the rates set forth in Section 7.6(a)(iii) and those that would have otherwise been payable for the same unit of Product if the royalty rates set forth in Section 7.6(a)(i) had applied.
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Incremental Royalties has the meaning set forth in Section 5.1.2 (Incremental Royalties).
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Examples of Incremental Royalties in a sentence

  • The Distributor's obligation to pay the Incremental Royalties shall cease with respect to a country in the Territory in the event that the Distributor's rights to sell, distribute, market and promote the Agreement Product and any Improved Agreement Product have become non-exclusive with respect to such country pursuant to Section 2.3 or have terminated pursuant to Section 3.2(d).

  • The division of Incremental Royalties will be based upon the relative value the cross-licensed technology and the licensed RPI Technology contribute to the products upon which the Incremental Royalties are paid.

  • If Genzyme is required to pay royalties to Third Parties (other than under the ▇▇▇▇▇▇▇ License or agreements between Genzyme and Third Parties in existence as of the Effective Date) in order to make, use or sell Genzyme Products, then Genzyme shall be entitled to reduce the amount of aggregate Incremental Royalties payable to Aptein by [***] of the amount of such Third Party royalties; provided, however, that the Incremental Royalties shall not be reduced by more than [***].

  • In no event will the payment of any part of Incremental Royalties to LICENSOR on any license extend beyond the term of this Agreement.

  • In addition, the report shall provide a reasonable allocation of the information contained therein between U.S. and non-U.S. activity (including any TESARO Incremental Royalties or Pass-through Third Party Royalty amounts due with respect to TESARO Prostate-Approved Single Agent Product Net Sales).

  • If Genzyme is ------------------- required to pay royalties to Third Parties (other than under the ▇▇▇▇▇▇▇ License or agreements between Genzyme and Third Parties in existence as of the Effective Date) in order to make, use or sell Genzyme Products, then Genzyme shall be entitled to reduce the amount of aggregate Incremental Royalties payable to Aptein by [***] of the amount of such Third Party royalties; provided, however, that the Incremental Royalties shall not be reduced by [***].

  • If the Incremental Royalties in a Calendar Year set forth in the table below in this Section 5.1.3 (Minimum Royalties) during Term equal an amount less than the Minimum Royalty set forth opposite the applicable Calendar Year, then Licensee will pay to Akebia an amount equal to the difference of the applicable Minimum Royalty and the Incremental Royalties paid to Akebia in such Calendar Year (each such amount, the “Minimum Royalty”).

  • For clarity, nothing in this Section 4.8 (Licensee Manufacturing Process Completion – No Minimum Royalties) will affect the Licensee’s obligation to pay to Akebia the Incremental Royalties, as described in Section 5.1.2 (Incremental Royalties).

  • In addition to the amounts payable to Akebia under Section 5.1.2 (Incremental Royalties), during each Calendar Quarter, Licensee will pay to Akebia an amount equal to [**]% of Net Sales of the Licensed Product in the Territory (the “Base Royalties”) during the Royalty Term.


More Definitions of Incremental Royalties

Incremental Royalties means, with respect to Co-Developed Product as to which Agenus exercises its right under Section 4.4(d) or a Converted Product, the difference, in
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