Annual Net Sales Reporting Sample Clauses

Annual Net Sales Reporting. During the applicable Royalty Term and until all Commercial Milestone Payments have been made, the Buyer shall provide the Company Equityholder Representative, within [***] following the end of each calendar quarter, with a report setting forth, on an aggregate basis, gross amounts invoiced on sales of the Subject Products, all deductions subtracted therefrom in calculating Annual Net Sales in respect of such calendar quarter (on a deduction category-by-deduction category basis) and the ratable Annual Net Sales for such calendar quarter.