Examples of Royalty-Bearing Territory in a sentence
Astellas’s registration, maintenance and defense of any trademarks for Product in the Royalty Bearing Territory shall be at Astellas’s own cost and expense.
Such payment shall be made no later than the sixtieth (60th) day following the end of the Calendar Quarter in which aggregate Net Sales for the Calendar Year of all Products in the Royalty Bearing Territory exceeded […***…].
In any Calendar Year where aggregate Net Sales of all Products in the Royalty Bearing Territory exceed […***…], an additional payment of […***…] shall be paid to Ambit by Astellas (in addition to the royalty payments payable pursuant to Section 4.3.1).
For each Product being sold by or on behalf of Astellas or any Related Party in a country in the Royalty Bearing Territory during the Royalty Term applicable to such Product in such country, Astellas shall pay royalties to Ambit based on the aggregate amount of the Net Sales of all Products in the Royalty Bearing Territory in each Calendar ***Confidential Treatment Requested Year (or partial Calendar Year) as calculated using the royalty rates set forth in the table below.
Subject to ----------------------------------- Article X, CTI grants ORTHO a paid-up, exclusive (except as to CTI) license in the Co-Promotion Territory and the Royalty Bearing Territory, with a right to sublicense as described in Section 6.07, to use CTI Know-how solely for the purposes of developing, manufacturing, having manufactured, using, selling, offering for sale and importing Collaboration Products in the Co-Promotion Territory and the Royalty-Bearing Territory.