Anti-Stacking Provision. If access to a Third Party’s IP is required for exploitation of the Products, and in such circumstances Del Mar or its Affiliates pay royalties to a Third Party for any Product for which royalties are also due to Valent for Net Sales, Del Mar will have the right to deduct from the royalties owed to Valent on account of Net Sales [*]
Appears in 2 contracts
Sources: Purchase and Patent Assignment Agreement, Purchase and Patent Assignment Agreement (DelMar Pharmaceuticals, Inc.)