Reports and Royalty Payments Sample Clauses

Reports and Royalty Payments. Within ten (10) business days after the end of each month during the Royalty Period, Modern Round will deliver to VirTra a report setting forth for such month the Gross Revenue for each Location that uses the Integrated Software and/or any VirTra Technology. Modern Round will make payment to VirTra for all Royalty amounts owed to VirTra within thirty (30) days of the end of the applicable month.

Reports and Royalty Payments. For as long as royalties or other payments are due under this Section 4, Celgene will furnish to Bluebird a written report, after the end of each calendar quarter, showing the amount of Net Sales and royalty due under Section 4.3, and any other payments accrued during such calendar quarter, which report will be furnished within [***] of the end of the quarter for Net Sales generated by Celgene and its Affiliates, and within [***] of the end of the quarter for Net Sales generated by Sublicensees. Royalty and other payments for each calendar quarter will be due at the same time as such written reports for the calendar quarter. The reports will include, at a minimum, the following information for the applicable calendar quarter, [***].

Reports and Royalty Payments. For as long as royalties or other payments are due under this Section 8, Merck will furnish to Moderna a written report, after the end of each Calendar Quarter, showing the amount of Net Sales and royalty due under Section 8.5(a), and any other payments accrued during such Calendar Quarter, which report will be furnished within [***] of the end of the quarter for Net Sales generated by Merck and its Affiliates and Sublicensees. Royalty and other payments for each Calendar Quarter will be due at the same time as such written reports for the Calendar Quarter. The reports will include, at a minimum, the following information for the applicable Calendar Quarter, each listed by country of sale and use: [***].

Reports and Royalty Payments. Commencing upon the commercialization of the first Product triggering royalties under this Agreement, within thirty (30) days following the last day of each calendar quarter during the term, Liquidia shall deliver to Chasm a written report showing, in reasonable detail, the royalties owed by such party to the other party in such quarter accompanied by any royalty payments due and owing.

Reports and Royalty Payments. For as long as royalties are due under Section 5.5(a), Aegerion shall furnish to Bayer a written report, within forty-five (45) days after the end of each calendar quarter, showing the amount of Net Sales of Licensed Products and royalty due for such calendar quarter.

Reports and Royalty Payments. For as long as royalties are due under Section 10.9, to the extent a Party owes royalties to the other Party hereunder, such paying Party will furnish to the other Party a written report, within [***] after the end of each Calendar Quarter, showing in Dollars, the amount of Annual Net CERTAIN CONFIDENTIAL PORTIONS OF THIS EXHIBIT WERE OMITTED AND REPLACED WITH “[***]”. A COMPLETE VERSION OF THIS EXHIBIT HAS BEEN FILED SEPARATELY WITH THE SECRETARY OF THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO AN APPLICATION REQUESTING CONFIDENTIAL TREATMENT PURSUANT TO RULE 406 PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. Sales of Licensed Products and royalty due for such Calendar Quarter. Upon receipt of such written report, the receiving Party shall issue an invoice to the paying Party. Royalty payments for each Calendar Quarter will be due within [***] of receipt of such written invoice for the Calendar Quarter. The report will include, at a minimum, the following information for the applicable Calendar Quarter, each listed by product and by country of sale: [***] such reports will be treated as Confidential Information of Novartis or Surface, as applicable.

Reports and Royalty Payments. For as long as royalties are due under Section 6.4(a), XTL shall furnish to DOV a written report, within forty-five (45) days after the end of each calendar quarter, showing the amount of Net Sales of Licensed Products and royalty due for such calendar quarter. Royalty payments for each calendar quarter shall be due at the same time as such written report for the calendar quarter. The report shall include, at a minimum, the following information for the applicable calendar quarter, each listed by product and by country of sale: (i) the number of units of Licensed Products sold by XTL and its Affiliates and Sublicensees on which royalties are owed DOV hereunder; (ii) the gross amount received for such sales; (iii) deductions taken from Net Sales as specified in the definition thereof; (iv) Net Sales; and (v) the royalties and Milestone Payments owed to DOV, listed by category. In addition to the foregoing, XTL shall furnish to DOV a written report within ten (10) business days after the end of each calendar quarter estimating the total Net Sales for such calendar quarter by XTL, its Affiliates and Sublicensees. *****Confidential material redacted and filed separately with the Commission.

Reports and Royalty Payments. (a) Within sixty (60) days after the end of each of it's fiscal quarters, the Licensee shall report .the licensor, the net sales anywhere in the world during such fiscal quarter together with an accounting of accrued royalties payable thereon and art explanation of any offset credit allowances. (b) Simultaneously with each report, the Licensee shall remit all royalty payments due thereon. (c) All records of the Licensee pertaining to the manufacture and use of licensed products shall be maintained by the Licensee for a minimum period of five (5) years after payment of royalties thereon. The Licensor shall have the right to have a certified public accountant inspect, during regular business hours, the books and records of the Licensee for the purpose of ascertaining the accuracy of the royalty payments by the Licensee, provided, Licensor shall notify the Licensee five days in advance of any such inspection and no more than one inspection shall occur within any twelve (12) month period.

Reports and Royalty Payments. (a) Within forty-five (45) days following the end of each Calendar Quarter that royalties or sales milestone fees pursuant Section 5.3 are payable by XPH to Athenex hereunder, XPH shall submit to Athenex a final IFRS certified written report containing, with respect to such Calendar Quarter and for the then-current Calendar Year through the end of such Calendar Quarter, an accounting on a country-by-country and Licensed Product-by-Licensed Product basis of gross sales and the calculations underpinning XPH’s determination of (i) Net Sales (broken down by units of Licensed Products sold and by sales by XPH and its Affiliates) and (ii) Net Revenues from Sublicensees (broken down by Sublicensee), and the royalties payable in accordance with Section 5.5 for such Calendar Quarter. Any conversion to United States Dollars shall be calculated in accordance with Section 5.7(d). Upon Athenex’s request, XPH shall provide an estimated Net Sales and report to Athenex within fourteen (14) days after the end of the Calendar Quarter. If the Net Profit (or any component thereof) used in the calculation of royalties in any Calendar Quarter is subsequently adjusted, the adjustment shall be utilized in all subsequent calculations of Net Profits. In the event of any royalty reduction during any Calendar Quarter due to XPH exercising its right of set off in accordance with Section 5.5(d) above or the existence of Generic Competition in any country in the Territory, the report for such Calendar Quarter shall also show the basis for the determination of such reduction. Royalties shown to have accrued by each report shall be due and payable on the date such report is due. (b) Following the date of the expiration of all royalties payable to Athenex on any Licensed Product in a country, XPH shall continue to furnish Athenex a written report on a country-by-country basis for the next [*] Calendar Quarters following expiration of royalties with respect to such Licensed Product and shall state the basis for Net Profits then being free of royalty obligations hereunder. Athenex shall have the right to review and comment on such report and in the event the Parties agree as to the accuracy of such report, XPH shall thereafter have no further obligation to include in a report the Net Profits of such Licensed Product in such country for purposes of the royalty calculation for any Calendar Quarter. This obligation shall survive the termination or expiration of this Agreement in any country. (c...