Common use of Sales Record Audit Clause in Contracts

Sales Record Audit. 8.7.1 Company shall keep, and shall cause each of its applicable Related Parties, if any, to keep, complete, true and accurate books of accounts and records in accordance with GAAP, including gross sales in accordance with GAAP and any deductions thereto in accordance with this Agreement’s Net Sales definition in connection with the calculation of Net Sales, sufficient to determine and establish the amounts payable incurred under this Agreement, and compliance with the other terms and conditions of this Agreement.

Appears in 4 contracts

Samples: License Agreement (Homology Medicines, Inc.), License Agreement (Immunome Inc.), License Agreement (Ayala Pharmaceuticals, Inc.)

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Sales Record Audit. 8.7.1 8.6.1 Company shall keep, and shall cause each of its applicable Related Parties, if any, to keep, complete, true and accurate books of accounts and records in accordance with GAAP, including gross sales in accordance with GAAP and any deductions thereto in accordance with this Agreement’s Net Sales definition in connection with the calculation of Net Sales, sufficient to determine and establish the amounts payable incurred under this Agreement, and compliance with the other terms and conditions of this Agreement.

Appears in 1 contract

Samples: License Agreement (Biohaven Research Ltd.)

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Sales Record Audit. 8.7.1 Company Licensee shall keep, and shall cause each of its applicable Related Parties, if any, to keep, complete, true and accurate books of accounts and records in accordance with GAAP, including gross sales in accordance with GAAP and any deductions thereto in accordance with this Agreement’s Net Sales definition in connection with the calculation of Net Sales, sufficient to determine and establish the amounts payable incurred under this Agreement, and compliance with the other terms and conditions of this Agreement.

Appears in 1 contract

Samples: License Agreement (Regen BioPharma Inc)

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