Royalty Reduction definition

Royalty Reduction has the meaning set forth in Section 3.14(f).
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Royalty Reduction is defined in Section 4.1(h)(xii).
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Royalty Reduction is defined in ‎‎Section 3.1(i)(ix).
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Examples of Royalty Reduction in a sentence

  • Purchaser shall pay Seller royalty and sales milestones percentages of the net operating income from the sales of the Product as per the table attached hereto on Annex E subject to the following Royalty Reduction and Royalty Term.

  • The Royalty Reduction Payment is in addition to any other amounts due from the Payor to the Recipient.

  • To exercise the Repurchase Option the Payor shall provide Notice to the Recipient and pay the Royalty Reduction Payment.

  • To the Knowledge of the Seller, no event or condition exists that, upon notice or passage of time or both, would reasonably be expected to permit Licensee to claim, or have the right to claim, a Royalty Reduction.

  • MedImmune shall be solely responsible for paying any and all royalties payable under the In-License Agreements and the royalties paid to MedImmune hereunder are the only royalties that Licensee is due to pay MedImmune (inclusive of any other party of an In-License Agreement); provided that such royalties shall not be offset pursuant to the Third Party Royalty Reduction described above.


More Definitions of Royalty Reduction

Royalty Reduction is defined in Section 4.9(k).
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Royalty Reduction means any adjustments, modifications, credits, offsets, reductions or deductions to payments made under Section 6.3 of the License Agreement pursuant to Section 6.3(b), Section 6.3(c) or Section 6.3(d) of the License Agreement (and subject to the limitation imposed by Section 6.3(e) of the License Agreement).
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Royalty Reduction is defined in Section 3.5(m).
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Royalty Reduction has the meaning set forth in Section 3.13(f); provided, however, that “Royalty Reduction” shall not include any Set-off.
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Royalty Reduction in the Absence of Patent Protection. The royalty amounts set forth above shall be reduced by [**] on a country-by- country basis at any such time that there are no Patent Rights containing a Valid Claim with respect to the Active Compound which is an ingredient of such Licensed Product in such country.
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Royalty Reduction means any adjustment, counterclaim, reduction, credit, or deduction of, from or to any payment of a Royalty.
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Royalty Reduction shall have the meaning set forth in Section (o) of Annex A.
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