Quarterly Data Clause Samples
The 'Quarterly Data' clause requires parties to provide or exchange specific information on a quarterly basis throughout the term of the agreement. Typically, this involves sharing relevant data such as sales figures, performance metrics, or compliance reports every three months, ensuring both parties remain informed about ongoing activities. By mandating regular data updates, the clause promotes transparency, enables timely decision-making, and helps identify issues or trends early, thereby supporting effective management of the contractual relationship.
Quarterly Data. (a) Within 90 days following the close of each Calendar Quarter, Medco shall deliver to Merck, in a mutually acceptable electronic format, the information specifically described in Sections A, B and C of Schedule 7.2(a)(1), the information described in Schedule 7.2(a)(2), and such other information available to and retrievable by Medco (with the cost and expenses of obtaining and retrieving such information to be paid by Medco), as Merck shall deem reasonably necessary for purposes of determining the rebate, if any, Medco shall be entitled to under this Restated Agreement (collectively, the "Quarterly Data"); provided, that, Medco may provide to Merck in hard copy format (rather than in electronic format) that portion of such information that in the ordinary course of business Medco does not maintain in electronic databases (e.g., lists of Utilization Controls) so long as such information provided in hard copy format is orderly, accessible, complete and accurate. The Quarterly Data submitted by Medco shall identify, with respect to each Merck Product dispensed under each Medco Plan during the applicable Calendar Quarter, whether prescriptions for such Merck Product dispensed under such Medco Plan are eligible for any Formulary Access Rebate Amount, specifying whether for such Calendar Quarter such Merck Product was (i) On Formulary under such Medco Plan, (ii) subject to Non-Rebate-Eligible Utilization Controls under such Medco Plan, or (iii) not available to Members under such Medco Plan on a Basis at least as favorable as the Basis upon which any Basis Competitive Product is available to Members under such Medco Plan. The Quarterly Data shall include a "Quarterly Utilization Controls Report" disclosing all Non-Rebate Eligible Utilization Controls and, for each Calendar Quarter beginning on or after January 1, 2004, all Rebate Eligible Utilization Controls that are in place for each Medco Plan during the Calendar Quarter and not reflected in the snapshot information provided to Merck with respect to such Calendar Quarter. For each Medco Plan, this report shall include group-level data consisting of electronic or hard copy data showing all switch programs, teleconsulting, facsimile intervention, counterdetailing, and similar controls and other interventions or communications that constitute Non-Rebate Eligible Utilization Controls and are implemented at any time during the applicable Calendar Quarter and not reflected in the snapshot information provided to...
Quarterly Data. As soon as practicable after each quarterly accounting period in each fiscal year of the Company, and in any event within thirty (30) days after such quarterly period, a report setting forth the Company’s financial and operational highlights corresponding to each such period.
Quarterly Data. Within 90 days following the close of each -------------- Calendar Quarter, Medco shall deliver to Merck, in a mutually acceptable electronic format, the information specifically described in Schedule 7.2 and such other information as Merck shall deem reasonably necessary for purposes of determining the rebate, if any, Medco shall be entitled to under this Agreement (collectively, the "Quarterly Data").
Quarterly Data. The Servicer will provide to the Administrative Agent upon request, but in no event less frequently than 10 days prior to each Quarterly Determination Date, the Quarterly Data, a copy of which the Administrative Agent will provide to any Secured Party upon request of such party. Additionally, no more frequently than once every fiscal quarter of the Servicer, at the request of the Administrative Agent and solely to the extent such data is available to the Servicer, the Servicer will provide to the Administrative Agent (which shall provide copies of such data to any Secured Party upon request of such party) a data tape with data regarding the characteristics of the Receivables, in form and substance reasonably acceptable to the Administrative Agent including (i) delinquencies (including a list of Delinquent Receivables), and (ii) annualized losses on the Servicing Portfolio, presented on a quarterly basis and, if requested by the Administrative Agent, broken out by Approved Originator.
Quarterly Data