Common use of Royalties Payable Only Once Clause in Contracts

Royalties Payable Only Once. The obligation to pay royalties pursuant to this subsection (c) is imposed only once with respect to the same unit of a Derivative. Except as specifically provided in this Agreement, it is understood and agreed that there shall be no deductions from the royalties payable under this Agreement. For purposes of clarity, the royalty obligations pursuant to this Section 3.2 are not to duplicate the royalty obligations of the Patent Assignment Agreement, and, in all cases, the maximum royalty obligations associated with the development of Derivatives is two percent (2%).