Valid Claim. From the first full Calendar Quarter during the Royalty Term for a Product for which there is no Royalty-Bearing Claim that Covers such Product in such country, the Royalty rates provided in [Section 8.4.2] for the Product will be reduced in such country by # , after which, the foregoing reduction shall increase to (in addition to any reductions in [Section 8.4.4] and [Section 8.4.5], but subject to [Section 8.4.6]).
If there is no Valid Claim claiming or Covering a given [[Nkarta:Organization]] Product in such country, and either: # ; or # , then, commencing in the first Calendar Quarter after the date on which there is no such Valid Claim and continuing for each Calendar Quarter until the end of the Royalty Term for such [[Nkarta:Organization]] Product in such country, the applicable royalty rate that would otherwise be owed on such Net Sales of such [[Nkarta:Organization]] Product in such country will be reduced to of the rates set forth in Section 10.2.1(b).
(d) . If during the Royalty Term for such Product in such country, and , the royalty rates provided in [Section 8.2(a)] for such Product shall be reduced in such country by (i.e., ) for the Calendar Quarter in which the and for each Calendar Quarter in the remainder of such Royalty Term. If the reduction in this [Section 8.2(d)] applies, then the reduction in [Section 8.2(c)] will not also apply. For the purposes of this [Section 8.2(d)], .
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