Payment Reference. In the detail section of the transmission for royalty payments, LICENSEE will provide the following statement: PureCycle Technologies Royalty Payment for Patent License, Contract # [____]: For Royalty Period (_____)”, providing within the parentheses the period the royalties relate to, e.g., “(First Half, 2016)”. OWNER will provide the contract number to LICENSEE together with a Contract Administration packet.
Appears in 2 contracts
Sources: Patent License Agreement (Roth CH Acquisition I Co. Parent Corp.), Patent License Agreement (Roth CH Acquisition I Co. Parent Corp.)