Reversion Royalties Sample Clauses

Reversion Royalties. Licensor will pay to Xxxxxxx royalties on Net Sales of each Reverted Product at the applicable Reversion Royalty Rate (where references to “Xxxxxxx” in the definition of Net Sales will be replaced with “Licensor”). Such royalties will be paid in accordance with the terms set forth in Section 4.4 and Section 4.5, applied mutatis mutandis with respect to Net Sales of Licensed Products by Licensor, provided that (i) the definition of Royalty Term in Section 4.4.2 will remain the same and (ii) the provisions of Section 4.4.3 will not apply.
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Reversion Royalties. The licenses granted to Metagenomi in Section 14.3.6(a) (Reversion License Grant) will be royalty-bearing, and Metagenomi will pay Ionis, on a Calendar Quarter basis, the royalty rates that are agreed to by the Parties at the time of Metagenomi’s written request delivered pursuant to Section 14.3.6(a) (Reversion License Grant). With respect to the royalty rates to be agreed to by the Parties pursuant to this Section 14.3.6(c) (Reversion Royalties), the Parties will take into account, among other things, (i) [***], (ii) [***], (iii) [***], and (iv) [***], and if the Parties have not reached agreement on such financial terms within [***] after such effective date of termination, then either Party may refer such matter for resolution pursuant to Section 15.1.3 (Expedited Dispute Resolution).
Reversion Royalties. Upon termination of this Agreement by Ipsen under Section 12.2 (Termination for Convenience by Ipsen) or by Ipsen pursuant to Section 12.3 (Termination for Sutro’s Material Breach), the licenses granted to Sutro in Section 12.7(i) will be royalty-bearing as set forth in this Section 12.7(d)(ii) (Reversion Royalties) and Sutro will pay to Ipsen royalties based on one of the following royalty rates based on the Development stage that the Licensed Product was at on the effective date of termination, solely during the Royalty Term (defined mutatis mutandis, where “Sutro Patents and Sutro Manufacturing Patents” shall be replaced with “Patent Rights being licensed by Ipsen” and provided thatNet Sales” shall exclude gross amounts received by an Acquiror (or any of its licensees or sublicensees) for sales of Licensed Product for which Development activities were performed substantially independent of Sutro:
Reversion Royalties. If [***], Nanobiotix will pay to Xxxxxxx royalties on Net Sales of each Reverted Product at the Reversion Royalty Rate (where references to “Xxxxxxx” in the definition of 102 Net Sales will be replaced with “Nanobiotix”). Such royalties will be calculated and paid in accordance with the terms set forth in Section 4.4 and Section 4.5, applied mutatis mutandis with respect to Net Sales of Reverted Products by Nanobiotix, its Affiliates or its licensees, provided that [***].

Related to Reversion Royalties

  • Royalties 1. Royalties arising in a Contracting State and paid to a resident of the other Contracting State may be taxed in that other State.

  • Earned Royalties Subject to of Article 7 hereof, Lieensee shall pay to Licensor for the rights granted hereunder a sum equal to [*****] of the Net Invoice Value of Trademarked Products Sold by Licensee (the "Royalties"). The Royalties shall be remitted in accordance with Section 7.4 of this Agreement. 6.2

  • Royalty Payments (i) Royalties shall accrue when Licensed Products are invoiced, or if not invoiced, when delivered to a third party or Affiliate.

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