Costs of Audit. If Company’s royalties calculated for any calendar year quarterly period are under-reported by more than 5%, the costs of any audit and review initiated by University will be borne by Company; otherwise, University shall bear the costs of any audit initiated by University.
Appears in 5 contracts
Samples: Exclusive Patent License Agreement (Solid Biosciences Inc.), Exclusive Patent License Agreement, Research Collaboration and Licence Agreement (Adaptimmune Therapeutics PLC)
Costs of Audit. If Company’s royalties payments calculated for any calendar year quarterly period quarter are under-reported by more than 5%[***], the costs of any audit and review initiated by University will be borne by Company; otherwise, University shall bear the costs of any audit initiated by University.
Appears in 4 contracts
Samples: License and Exclusive Option Agreement (Icosavax, Inc.), Exclusive License Agreement (Icosavax, Inc.), Exclusive License Agreement (Icosavax, Inc.)
Costs of Audit. If Company’s royalties calculated for any calendar year quarterly period are under-reported by more than five percent (5%), the costs of any audit and review initiated by University will be borne by Company; otherwise, University shall bear the costs of any audit initiated by University.
Appears in 3 contracts
Samples: Patent License Agreement (Genocea Biosciences, Inc.), Patent License Agreement (Genocea Biosciences, Inc.), Patent License Agreement (Genocea Biosciences, Inc.)
Costs of Audit. If Company’s royalties payments calculated for any calendar year quarterly period quarter are under-under- reported by more than five percent (5%), the costs of any audit and review initiated by University will be borne by Company; otherwise, University shall bear the costs of any audit initiated by University.
Appears in 3 contracts
Samples: Fast Start License Agreement, License Agreement, License Agreement
Costs of Audit. If In the event that Company’s royalties calculated for any calendar year quarterly period are under-reported by more than 5%[***], the costs of any audit and review initiated by University will be borne by Company; otherwise, University shall bear the costs of any audit initiated by University.
Appears in 2 contracts
Samples: Stock Issuance Agreement (Achaogen Inc), Stock Issuance Agreement (Achaogen Inc)
Costs of Audit. If Company’s royalties payments calculated for any calendar year quarterly period quarter are under-reported underreported by more than 5%, the costs of any audit and review initiated by University will be borne by Company; otherwise, University shall bear the costs of any audit initiated by University.
Appears in 1 contract
Samples: Subscription Agreement (Global Cancer Technology, Inc.)
Costs of Audit. If Company’s royalties calculated for any calendar year quarterly period are under-reported by more than 5three percent (3%), the costs of any audit and review initiated by University will be borne by Company; otherwise, University shall bear the costs of any audit initiated by University.
Appears in 1 contract
Costs of Audit. If Company’s 's royalties calculated for any calendar year quarterly period are under-reported by more than 53%, the costs of any audit and review initiated by University will be borne by Company; otherwise, University shall bear the costs of any audit initiated by University.
Appears in 1 contract
Samples: Exclusive Patent License Agreement (HyperSciences, Inc.)
Costs of Audit. If Company’s royalties payments calculated for any calendar year quarterly period quarter are under-reported by more than 5%, the costs of any audit and review initiated by University will be borne by Company; otherwise, University shall bear the costs of any audit initiated by University.. INFRINGEMENT
Appears in 1 contract
Samples: License Agreement
Costs of Audit. If Company’s royalties payments calculated for any calendar year quarterly period quarter are under-reported by more than 5%, the costs of any audit and review initiated by University will be borne by Company; otherwise, University shall bear the costs of any audit initiated by University.
Appears in 1 contract
