Common use of Reports and Forecasts Clause in Contracts

Reports and Forecasts. The Company shall furnish to PMSI in English: (i) within eight (8) business days after the end of each calendar month, a report on the monthly sales and Sublicensing of the Software in the Territory for the preceding month, identifying the Software shipped by the Company or Subdistributors to Customers and the respective locations and contact persons of such Customers, and showing the price and national currency involved in which the Software was sold/Sublicensed and for which services relating thereto were provided, and (ii) a rolling six (6)-month forecast of sales on a monthly basis. The Company shall also furnish PMSI with such other reports as PMSI may reasonably require from time to time.

Appears in 2 contracts

Sources: Joint Venture Agreement (Pharmacopeia Inc), Joint Venture Agreement (Molecular Simulations Inc)