Common use of Royalty Reports Payments and Accounting Clause in Contracts

Royalty Reports Payments and Accounting. 7.1 Quarterly Earned Royalty Payment and Report - Beginning with the first sale of a Licensed Product(s), LICENSEE shall make written reports (even if there are no sales) and earned royalty payments to STANFORD within forty-five (45) days after the end of each calendar quarter. This report shall state the number, description, and aggregate Net Sales of Licensed Product(s) during such completed calendar quarter, and resulting calculation pursuant to Paragraph 6.3 of earned royalty payment due STANFORD for such completed calendar quarter. Concurrent with the making of each such report, LICENSEE shall include payment due STANFORD of royalties for the calendar quarter covered by such report.

Appears in 2 contracts

Samples: License Agreement (Curis Inc), License Agreement (Curis Inc)

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Royalty Reports Payments and Accounting. 7.1 6.1 Quarterly Earned Royalty Payment and Report - Beginning with the first sale of a Licensed Product(s)Product, LICENSEE shall make written reports (even if there are no sales) and earned royalty payments to STANFORD within forty-five (45) days after the end of each calendar quarter. This report shall state the number, description, and aggregate Net Sales of Licensed Product(s) Product during such completed calendar quarter, and resulting calculation pursuant to Paragraph 6.3 5.3 of earned royalty payment due STANFORD for such completed calendar quarter. Concurrent with the making of each such report, LICENSEE shall include payment due STANFORD of royalties for the calendar quarter covered by such report.

Appears in 2 contracts

Samples: Exclusive License Agreement (Curis Inc), Exclusive License Agreement (Curis Inc)

Royalty Reports Payments and Accounting. 7.1 Quarterly Earned Royalty Payment and Report - Report—Beginning with the first sale of a Licensed Product(s), LICENSEE shall make written reports (even if there are no sales) and earned royalty payments to STANFORD within forty-five thirty (4530) days after the end of each calendar quarter. This report shall state the number, description, and aggregate Net Sales of Licensed Product(s) during such completed calendar quarter, and resulting calculation pursuant to Paragraph 6.3 of earned royalty payment due STANFORD for such completed calendar quarter. Concurrent with the making of each such report, LICENSEE shall include payment due STANFORD of royalties for the calendar quarter covered by such report.

Appears in 1 contract

Samples: And Amended Exclusive License Agreement (Corgentech Inc)

Royalty Reports Payments and Accounting. 7.1 Quarterly Earned Royalty Payment and Report - Report—Beginning with the first sale of a Licensed Product(s), LICENSEE shall make written reports (even if there are no sales) and earned royalty payments to STANFORD within forty-five (45) days [*] after the end of each calendar quarter. This report shall state the number, description, and aggregate Net Sales of Licensed Product(s) during such completed calendar quarter, and resulting calculation pursuant to Paragraph 6.3 of earned royalty payment due STANFORD for such completed calendar quarter. Concurrent with the making of each such report, LICENSEE shall include payment due STANFORD of royalties for the calendar quarter covered by such report.

Appears in 1 contract

Samples: And Amended Exclusive License Agreement (Corgentech Inc)

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Royalty Reports Payments and Accounting. 7.1 Quarterly Earned Royalty Payment and Report QUARTERLY EARNED ROYALTY PAYMENT AND REPORT - Beginning with the first sale of a Licensed Product(s), LICENSEE shall make written reports (even if there are no sales) and earned royalty payments to STANFORD within forty-five thirty (4530) days after the end of each calendar quarter. This report shall will state the number, description, and aggregate Net Sales of Licensed Product(s) during such completed calendar quarter, and resulting calculation pursuant to Paragraph 6.3 6-5 of earned royalty payment due STANFORD for such completed calendar quarter. Concurrent with the making of each such report, LICENSEE shall include payment due STANFORD of royalties for the calendar quarter covered by such report.

Appears in 1 contract

Samples: License Agreement (North American Scientific Inc)

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