Royalty Stacking. If Licensee requires the in-licensing of additional technology from a third party to make and sell Licensed Products or Licensed Processes in any year of this Agreement, UFRF agrees to a reduction in royalty payments (as specified in Subsection 4.2.1) by the amount of royalties actually paid by Licensee to third parties in that year under the following conditions:
Appears in 2 contracts
Samples: License Agreement (Myriant Corp), License Agreement (Myriant Corp)
Royalty Stacking. If Licensee licensee requires the in-licensing of additional technology from a third party to make and sell Licensed Products or Licensed Processes in any year of this Agreement, UFRF agrees to a reduction in royalty payments (as specified in Subsection 4.2.1) by the amount of royalties actually paid by Licensee to third parties in that year under subject to the following conditions:.
Appears in 2 contracts
Samples: License Agreement (Myriant Corp), License Agreement (Myriant Corp)