Royalty Adjustments definition
Examples of Royalty Adjustments in a sentence
Subject to the provisions of Section 8.8 (Royalty Adjustments), on a Product-by-Product and country-by-country basis, ▇▇▇▇▇▇▇ will pay to Morphic royalties in the amount of the marginal royalty rates set forth in TABLE 8.7 (Royalty Payments) below of the aggregate Net Sales resulting from the sale of each Product in the Territory during each Calendar Year of the applicable Royalty Term for each Product in each country (each, the “Per Product Annual Net Sales”).
All Royalty Adjustments must be specified with the information set forth in Addendum Attachment A.
All Royalty Adjustments must be specified with the information set forth in Attachment C.
Subject to Section 6.10 (Royalty Adjustments), Spark shall pay to Selecta royalties on Licensed Products directed to each Target, on a Target-by-Target and country-by-country basis, in respect of Net Sales of such Licensed Products in the Field in the Territory during the applicable Royalty Term, at the royalty rates set forth below.
For clarity, any sums owed to Astellas as a result of any overpayments (for example but not limited to Royalty Adjustments under Section 4.6.2(b) and payments under Section 10.4.2) that have been rolled over in the form of a credit shall be immediately due and payable on termination.
If a Royalty Adjustment is owed to Astellas by NGX, such Royalty Adjustments shall be [***].
Subject to the provisions of Section 6.3.4 (Royalty Adjustments), Metsera will pay to D&D royalties in the amount of the applicable royalty rates set forth in Table 6.3.1 below of the aggregate Net Sales resulting from the sale of the applicable Licensed Products in the applicable Field in the Territory during each Calendar Year of the applicable Royalty Term for (i) all Metsera GLP-1 Platform Licensed Products and Metsera Amylin Platform Licensed Products or (ii) all the other Licensed Products.
All Royalty Adjustments must be specified with the information set forth in Attachment B.
Subject to the provisions of Section 6.3.4 (Royalty Adjustments), Metsera will pay to D&D royalties in the amount of the applicable royalty rates set forth in Table 6.3.1 below of the aggregate Net Sales resulting from the sale of all Licensed Products in the Field in the Territory during each Calendar Year of the applicable Royalty Term.
Subject to the provisions of Section 7.6.4 (Royalty Adjustments), on a Product-by-Product and country-by-country basis, Biogen will pay to C4 royalties in the amount of the marginal royalty rates set forth in TABLE 7.6.1 below of the aggregate Net Sales resulting from the sale of Products in the Territory during each Calendar Year of the applicable Royalty Term for each Product in each country (each, the “Per Product Annual Net Sales”).