Common use of Single Payment Clause in Contracts

Single Payment. No more than one payment shall be due with respect to a sale of a particular Licensed Product. The rates shall not multiply because the sale of a given Licensed Product is covered by more than one (1) Valid Claim within the country in which such Licensed Product is sold.

Appears in 3 contracts

Sources: Collaboration & License Agreement (Longevity Health Holdings, Inc.), Collaboration and License Agreement (PMGC Holdings Inc.), Collaboration & License Agreement (Elevai Labs Inc.)