Common use of Accounting Statements Clause in Contracts

Accounting Statements. Licensee shall provide Licensor with a statement of royalties due Licensor under this Agreement quarterly (as that term is defined in Paragraph 3.3) on or before the Due Date, setting forth the amount due to Licensor for the period and, in reasonable detail, the factual basis for calculating the amount.

Appears in 3 contracts

Sources: Licensing Agreement, Patent License Agreement, Patent License Agreement

Accounting Statements. Licensee shall provide Licensor with a statement of royalties due to Licensor under this Agreement quarterly (as that term is defined in Paragraph 3.3) on or before the Due Date, setting forth the amount due to Licensor for the period and, in reasonable detail, the factual basis for calculating the amount.

Appears in 1 contract

Sources: Patent License Agreement (Vilacto Bio Inc.)