Common use of Royalties on Net Sales Clause in Contracts

Royalties on Net Sales. In partial consideration of the rights granted under the GenVec Patent Rights and GenVec Know-How in this Agreement, Fuso shall pay running royalties to GenVec equal to * percent (*%) of Net Sales of Collaboration Products by Fuso and its Affiliates and Sublicensees.

Appears in 2 contracts

Samples: New Commercialization Agreement (Genvec Inc), New Commercialization Agreement (Genvec Inc)

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Royalties on Net Sales. In partial consideration of the rights granted under the GenVec Patent Rights and GenVec Know-How in this Agreementhereunder, Fuso shall pay running royalties to GenVec equal to * percent (*%) of Net Sales of Collaboration Products by Fuso and its Affiliates and or Sublicensees.

Appears in 2 contracts

Samples: Commercialization Agreement (Genvec Inc), Commercialization Agreement (Genvec Inc)

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