Duration of Royalty Obligations. The royalty obligations of Surface shall continue on a country-by-country basis # as to each Licensed Product, until the later of # expiration or termination of the last to expire of a Valid Claim within Patent Rights that covers such Licensed Product in that country, and # ten (10) years from the date of First Commercial Sale in such country (the Royalty Term). Upon expiration of the Royalty Term with respect to a Licensed Product in a country, the license grants contained in [Sections 2.1] shall become fully paid-up, royalty-free, perpetual and irrevocable for such Licensed Product in such country.
Term of Royalty Obligations. The royalty obligationsObligation. Royalties on the Licensed Product shall commence upon the First Commercial Sale of Surface shalla Licensed Product in a particular country in the Territory and will continue on a product-by-product, country-by-country basis # as to each Licensed Product, until the later of # the expiration or termination of the last to expire of a Valid Claim withinof the Compound Patent Rights that covers such Licensed Product in that country, and # ten (10) years from the date of First Commercial Sale in such country (the Royalty Term). Upon expiration of the Royalty Term with respect tocovering a Licensed Product in a country,such country or # the license grants contained in [Sections 2.1] shall become fully paid-up, royalty-free, perpetual and irrevocable for suchtenth (10th) anniversary of the date of the First Commercial Sale of the Licensed Product in such country.
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