Common use of Report Frequency Clause in Contracts

Report Frequency. A Financing Report and an Acquisition Report shall be tendered by the tenth (10th) day after the end of each calendar month during the Term, and following termination of this Agreement for every sale of a Boxabl Unit made by Participant during the Term of this Agreement, unless Boxabl waives the reporting requirement in writing. If no acquisition royalty payments are due, then the Financing Report shall state “none”, and if no acquisition royalty payments are due, then the Acquisition Report shall state “none.”

Appears in 2 contracts

Sources: Cooperation Agreement (Boxabl Inc.), Cooperation Agreement (Future of Housing Fund, Inc.)