Common use of Acquirer Patent Rights Clause in Contracts

Acquirer Patent Rights. Following any Change of Control of ProQR to an Acquirer that owns or controls any Patent rights Covering Products, if Lilly thereafter makes any payments to the Acquirer or owes any amounts to the Acquirer on account of such Patent rights and Lilly’s exploitation of rights hereunder with respect to Products, Lilly may deduct [***] percent ([***]%) of such amounts. from any payments otherwise due to ProQR under Article 8 For avoidance of doubt, this right shall not apply to amounts due under any agreement between Lilly and the Acquirer that was in effect prior to the Change of Control (which may nonetheless be subject to Section [***]).

Acquirer Patent Rights. Following any Change of Control of ProQR to an Acquirer that owns or controls any Patent rights Covering Products, if Lilly thereafter makes any payments to the Acquirer or owes any amounts to the Acquirer on account of such Patent rights and Lilly’s L▇▇▇▇’▇ exploitation of rights hereunder with respect to Products, Lilly may deduct [***] percent ([***]%) of such amounts. from any payments otherwise due to ProQR under Article 8 For avoidance of doubt, this right shall not apply to amounts due under any agreement between Lilly and the Acquirer that was in effect prior to the Change of Control (which may nonetheless be subject to Section [***]).