Common use of No Valid Claim Clause in Contracts

No Valid Claim. During the applicable Royalty Term, if a Product is sold in a country or territory, and the composition of matter of such Product is not Covered by a Valid Claim of any Product Patent Right Covering the composition of matter of such Product in such country or territory at the time of sale, then the royalty rate for such Product in such country shall be reduced by [***] of the applicable rate determined pursuant to Section 4.5 above.

No Valid Claim. During the applicable Royalty TermTerm for a Product in a country, if a such Product is sold in a such country or territory, and the composition of matter of such Product is not Covered by a Valid Claim of any Licensed Patent Right or Product Patent Right Covering the composition of matter of such Product in such country or territory at the time of such sale, then the royalty rate royalties payable pursuant to Section 7.4 for such Product in such country shall be reduced by [***] of the applicable rate determined pursuant to Section 4.5 abovepercent [***].

No Valid Claim. During If, during the applicable Royalty Term, if Term for a Product is sold in a country or territorycountry, and the composition of matter or method of such Product is not Covered by a Valid Claim of any Product Patent Right Covering the composition of matter use of such Product in such country or territory at the time is not covered by a Valid Claim of salea Royalty Patent, then the applicable royalty rate for set forth in Section 8.4(a) with respect to Net Sales of such Product in and such country shall be reduced by [***] during the period of the applicable rate determined pursuant to Section 4.5 aboveRoyalty Term in which no Valid Claim of a Royalty Patent exists.

No Valid Claim. During the applicable Royalty TermTerm for a Product in a country, if a such Product is sold in a such country or territory, and the composition of matter of such Product is not Covered by a Valid Claim of any Product Licensed Patent Right Covering in the composition of matter of such Product in such country or territory at the time of such sale, then the royalty rate royalties payable for such Product in such country shall be reduced by to a percentage which is [***] percent ([***]%) of the applicable royalty rate determined pursuant to Section 4.5 aboveotherwise payable.