Common use of Distributor Payments Clause in Contracts

Distributor Payments. Distributor shall pay UPI any minimum monthly rate on or before the first day of each month. Distributor shall pay UPI for any royalties earned under this Agreement, within within thirty (30) days following the end of the month in which they are earned. Such royalty payments shall be accompanied by a royalty report setting forth the following details for each End User; (A) End-User name, (B) End-User's business address, (C) Date End-User licensed the Headlines, (D) Number of Screens Displaying Headlines, and (E) Total Royalty Amount Owed. Distributor must send the royalty report along with the payment. If the monthly royalty report is not received within fourteen (14) days after the payment due date,, UPI may suspend delivery of the Headlines until such documentation is provided, or terminate delivery of the Headlines. Distributor shall be responsible for paying UPI any amounts hereunder that are un-collectible from End-Users. Payments and any required forms or reports shall be submitted to United Press International, ▇▇▇▇ ▇ ▇▇▇▇▇▇, ▇▇., ▇▇▇▇▇▇▇▇▇▇, ▇.▇. ▇▇▇▇▇, Attention: Accounts Receivable (or such other address as may be specified by UPI from time to time).

Appears in 2 contracts

Sources: Distributor Agreement (Data Call Technologies), Distributor Agreement (Data Call Technologies)