Common use of Payment Statements Clause in Contracts

Payment Statements. Within thirty (30) days of the end of each calendar quarter, NetSuite KK shall render to NetSuite a statement of account documenting the number of subscriptions to the Localized Product sold by NetSuite KK and Affiliates to Customers (including through Authorized Resellers) during such calendar quarter and NetSuite’s and its Affiliates Net Revenue’s for such calendar quarter. Such statement shall also set forth the Pre-Pay Balance for each Authorized Reseller as of the end of such calendar quarter.

Appears in 2 contracts

Sources: Distribution Agreement, Distribution Agreement (Netsuite Inc)