Common use of REPORTS, RECORDS AND INSPECTIONS Clause in Contracts

REPORTS, RECORDS AND INSPECTIONS. 9.1 Biohaven, its AFFILIATES and ASSIGNS shall, within [* * *] days after its accounting firm delivers the annual financials for the applicable calendar year in which NET SALES are calculated, provide ALS with a written report detailing the NET SALES and uses, if any, made by Biohaven, its LICENSEES and AFFILIATES of PATENT PRODUCTS during the preceding calendar quarter and calculating the payments due pursuant to Article 6. NET SALES of PATENT PRODUCTS shall be deemed to have occurred on the date of invoice for such PATENT PRODUCTS. Each such report shall be certified and signed by an officer of Biohaven (or the officer’s designee), and must include:

Appears in 4 contracts

Samples: Als Biopharma Agreement (Biohaven Research Ltd.), Biopharma Agreement (Biohaven Pharmaceutical Holding Co Ltd.), Biopharma Agreement (Biohaven Pharmaceutical Holding Co Ltd.)

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