Common use of PROGRESS AND ROYALTY REPORTS Clause in Contracts

PROGRESS AND ROYALTY REPORTS. 9.1 Beginning February 28, 2002 and semi-annually thereafter, the Licensee shall submit to The Regents a progress report covering the Licensee’s (and any Affiliate or Sublicensee’s) activities regarding the development and testing of all Licensed Products and the obtaining of any governmental approvals necessary for marketing. Progress reports are required until the first Commercial Sale of the first Licensed Product occurs in the United States, at which time the Licensee may discontinue such reports; provided that such reports may again be required by The Regents if Commercial Sales of such Licensed Product are suspended or discontinued.

PROGRESS AND ROYALTY REPORTS. 9.1 Beginning February 28[**], 2002 and semi-annually [**] thereafter, the Licensee shall submit to The Regents a written progress report covering the Licensee’s (and any Affiliate or Sublicensee’s) sublicensee’s activities regarding related to the development and testing of all Combination Product and Licensed Products Product and the obtaining of any the governmental approvals necessary for marketing. Progress reports are required for each Combination Product and Licensed Product until the first Commercial Sale commercial sale of the first that Combination Product or Licensed Product occurs in the United States, at which time the Licensee may discontinue such reports; provided that such reports may U.S. and shall be again be required by The Regents if Commercial Sales commercial sales of such Combination Product or Licensed Product are suspended or discontinued.

PROGRESS AND ROYALTY REPORTS. 9.1 10.1 Beginning February 28August 31, 2002 2003 and semi-annually thereafter, the Licensee shall submit to The Regents a progress report covering the Licensee’s (and any Affiliate Affiliate’s or Sublicenseesublicensee’s) activities regarding related to the development and testing of all Licensed Products and/or Licensed Methods and the obtaining of any the governmental approvals necessary for marketing. Progress reports are required for each Licensed Product and Licensed Method until the first Commercial Sale commercial sale of the first that Licensed Product or that Licensed Method occurs in the United States, at which time the Licensee may discontinue such reports; provided that such reports may States and shall be again be required by The Regents if Commercial Sales commercial sales of such Licensed Product or Licensed Method are suspended or discontinued.

PROGRESS AND ROYALTY REPORTS. 9.1 Beginning February 28, 2002 2001, and semi-annually thereafter, the Licensee shall submit to The Regents a written progress report covering the Licensee’s (and any Affiliate Affiliate’s or Sublicenseesublicensee’s) activities regarding related to the development and testing of all Licensed Products Product and the obtaining of any the governmental approvals necessary for marketing. Progress reports are required for each Licensed Product until the first Commercial Sale commercial sale of the first that Licensed Product occurs in the United States, at which time the Licensee may discontinue such reports; provided that such reports may U.S. and shall be again be required by The Regents if Commercial Sales commercial sales of such Licensed Product are suspended or discontinued.

PROGRESS AND ROYALTY REPORTS. 9.1 Beginning February 28, 2002 2001 and semi-annually thereafter, the Licensee shall submit to The Regents a progress report covering the Licensee’s (and any Affiliate or Sublicensee’s) activities regarding the development and testing of all Licensed Products and the obtaining of any governmental approvals necessary for marketing. Progress reports are required until the first Commercial Sale of the first Licensed Product occurs in the United States, at which time the Licensee may discontinue such reports; provided that such reports may again be required by The Regents if Commercial Sales of such Licensed Product are suspended or discontinued.