Milestone Conditions. Each sales milestone payment set forth above shall be due and payable [***]. The Net Sales of each Product shall be aggregated separately, and the Net Sales of a Product sold in a region in the Territory after the expiration of the Royalty Term for such Product in such region shall not be included in the calculation of annual Net Sales to determine whether any Net Sales threshold has been achieved. The aggregate milestone payments under this Section 4.2 shall not exceed forty five million Dollars ($45,000,000) for each Product.
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Sources: License Agreement (RayzeBio, Inc.), License Agreement (RayzeBio, Inc.)
Milestone Conditions. Each sales milestone payment set forth above shall be due and payable [***]only once, regardless of how many times such milestone event is achieved. The Net Sales of each Product shall be aggregated separately, and the Net Sales of a Product sold in a region in the Territory after the expiration of the Royalty Term for such Product in such region shall not be included in the calculation of annual Net Sales to determine whether any Net Sales threshold has been achieved. The aggregate milestone payments under this Section 4.2 5.4 shall not exceed forty five million Dollars ($45,000,000) for each Product[***].
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