Common use of Royalty Stacking Clause in Contracts

Royalty Stacking. Unity shall be entitled to deduct from the amounts owing to Ascentage under Sections 5.2 and 5.3 above [***] percent ([***]%) of any royalties or other payments made to Third Parties for Enabling IP, provided that (a) the total aggregate amount payable to Ascentage under Sections 5.2 and 5.3 in any [***] may not be reduced to less than [***] percent ([***]%) of the amounts that would otherwise be due Ascentage in such [***], and

Appears in 4 contracts

Samples: Restricted Stock Grant Agreement (Unity Biotechnology, Inc.), Compound License Agreement (Unity Biotechnology, Inc.), Compound License Agreement (Unity Biotechnology, Inc.)

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