Royalty Term

Royalty Term. Means a ten (10) year period commencing on the Effective Date of this Agreement.

Royalty Term. Means the period commencing on the Effective Date and ending on the earlier of the fifth anniversary thereof or the date in which this Agreement has been terminated.

Royalty Term. Shall mean the period of time commencing on the First Commercial Sale of any MEMORY Product and ending upon the termination of MEMORY's payment obligations under Section 4.2 or [*], whichever is earlier.

Royalty Term. Means on a Royalty-Bearing Product-by-Royalty-Bearing Product and country-by-country basis, the period commencing with the First Commercial Sale of such Royalty-Bearing Product in such country until the expiration or termination of the last to expire Valid Claim of any Licensed Patent Covering such Royalty-Bearing Product in such country.

Royalty Term. With respect to each Product or Grant-Back Product, as the case may be, in a country in the Territory, the period of time commencing on the date of this Agreement and ending on the later of: (i) ten years from the date of the First Commercial Sale of such Product or Grant-Back Product in such country, or (ii) if, at the time of the First Commercial Sale in such country, the Product or Grant-Back Product is covered by a Valid Claim of a Product Patent, the date on which the last to expire of the... Product Patents relating to such Product or Grant-Back Product expires. View More

Royalty Term. The meaning given such term in the Royalty Agreement.

Royalty Term. Means the period beginning on the Effective Date and ending December 31, 2019.

Royalty Term. On a country by country basis (per approved indication) the period commencing upon the First Commercial Sale of such Licensed Product in the relevant country and expiring on the later of: (i) fifteen (15) years after that date, or (ii) the expiry in that country of all Valid Patent Claims covering Licensed Product.

Royalty Term. The period commencing on the Effective Date and continuing until the later of (i) the expiration of the last to expire of the Licensed Patents or (ii) the ([***]) anniversary of First Commercial Sale in such country

Royalty Term. The period of time from the Closing Date through the date upon which there is no Valid Claim in the United States covering the Product sold by Purchaser, its Affiliates or sublicensees, as applicable