Common use of Payment; Reports Clause in Contracts

Payment; Reports. Royalty payments and reports for the sale of Products shall be calculated and reported for each Calendar Quarter. All royalty payments due to SIGNAL under this Agreement shall be paid within sixty (60) days of the end of each Calendar Quarter, unless otherwise specifically provided herein. Each payment of royalties shall be accompanied by a report of Net Sales of Products in sufficient detail to permit confirmation of the accuracy of the royalty payment made, including, without limitation, the number of Products sold, the gross sales and Net Sales of Products, the royalties, in U.S. dollars, payable, the method used to calculate the royalty and the exchange rates used.

Appears in 3 contracts

Sources: Collaborative Research and License Agreement (Signal Pharmaceuticals Inc), Collaborative Research and License Agreement (Signal Pharmaceuticals Inc), Collaborative Research and License Agreement (Signal Pharmaceuticals Inc)

Payment; Reports. Royalty payments and reports for the sale of Products shall be calculated and reported for each Calendar Quartercalendar quarter. All royalty payments due to SIGNAL a party under this Agreement shall be paid within sixty (60) days of the end of each Calendar Quartercalendar quarter, unless otherwise specifically provided herein. Each payment of royalties shall be accompanied by a report of Net Sales of Products in sufficient detail to permit confirmation of the accuracy of the royalty payment made, including, without limitationlimitation and on a country-by-country basis, the number of Products sold, the gross sales and Net Sales of Products, the royalties, in U.S. dollars, payable, the method used to calculate the royalty and the exchange rates used.

Appears in 1 contract

Sources: Collaborative Research, Development and License Agreement (Elitra Pharmaceuticals Inc)

Payment; Reports. Royalty payments and reports for the sale of Products products shall be calculated and reported for each Calendar Quartercalendar quarter. All royalty payments due to SIGNAL ▇▇▇▇▇ under this Agreement shall be paid within sixty (60) 60 days of the end of each Calendar Quarter, unless otherwise specifically provided hereincalendar quarter. Each payment of royalties shall be accompanied by a report of Net Sales of Products products in sufficient detail to permit confirmation of the accuracy of the royalty payment made, including, without limitation, the number of Products products sold, the gross sales and Net Sales of Productsproducts, the royalties, in U.S. dollars, royalties payable, and the method used to calculate the royalty and the exchange rates usedroyalty.

Appears in 1 contract

Sources: Royalty Agreement (Spinal Elements Holdings, Inc.)