Common use of Royalty Rates Clause in Contracts

Royalty Rates. The following royalty rates shall apply to the respective tiers of aggregate Calendar Year Net Sales of all Products, on an incremental basis, as follows: Tier of Calendar Year Net Sales in million US$ Percent (%) of Net Sales [***] [***] [***] [***] [***] [***] For example, if Net Sales of Products in the Territory, for a given Calendar Year, are US$[***] million, then royalties owed to Roche on such Net Sales of Products for that Calendar Year shall equal US$[***] calculated as follows: [[***]] = US$[***] royalty payment

Appears in 4 contracts

Samples: License Agreement, License Agreement, License Agreement (Global Blood Therapeutics, Inc.)

AutoNDA by SimpleDocs

Royalty Rates. The Subject to Section 10.11, the following royalty rates shall apply to the respective tiers of aggregate Calendar Year Net Sales of all ProductsProduct(s) in the Territory, on an incremental basis, as follows: Tier of Calendar Year Net Sales in million US$ Percent (%) of Net Sales [***] [***] [***] [***] [***] [***] For example, if Net Sales of Products Product(s) in the Territory, for a given Calendar Year, are US$[***] million], then royalties owed to Roche on such Net Sales of Products Product(s) for that Calendar Year shall equal US$[***] calculated as follows: [[***]] = US$[***] royalty payment

Appears in 1 contract

Samples: License Agreement (Gemini Therapeutics, Inc. /DE)

Royalty Rates. The following royalty rates shall apply to the respective tiers of aggregate Calendar Year Net Sales of all Productsa Product, on an incremental basis, as follows: Tier of Calendar Year Net Sales in million US$ Percent (%) of Net Sales [***] [***] [***] [***] [***] [***] For example, if Net Sales of Products in the Territory, for a given Calendar Year, are US$[***] million, then royalties owed to Roche on such Net Sales of Products for that Calendar Year shall equal US$[***] calculated as follows: [[***]] = US$[***] For the purpose of calculating royalties of a Product, Calendar Year Net Sales and the royalty paymentrates shall be subject to adjustment as provided in Sections 10.6 and 10.6.2:

Appears in 1 contract

Samples: License Agreement (CinCor Pharma, Inc.)

AutoNDA by SimpleDocs

Royalty Rates. The following royalty rates shall apply to the respective tiers of aggregate Calendar Year Net Sales of all Productsa Product, on an incremental basis, as follows: Tier of global Calendar Year Net Sales in million US$ Percent (%) of Net Sales [***####] [***####] [***####] [***####] [***####] [***####] [####] For example, if Net Sales of Products a Product in the Territory, for a given Calendar Year, are US$[***] million####], then royalties owed to Roche on such Net Sales of Products such Product for that Calendar Year shall equal US$[***####] calculated as follows: [[***]] = US$[***####] royalty payment

Appears in 1 contract

Samples: License Agreement (Centessa Pharmaceuticals LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.