Payment Computation definition
Examples of Payment Computation in a sentence
Further, each individual expense item shall be accounted only to the extent actually incurred and paid for by a party within the applicable Payment Computation Period.
Notwithstanding the foregoing, if any such audit results in any underpayment or overcharge with respect to any Payment Computation Period of more than the greater of (i) $10,000 or (ii) 5% of the payment or charge actually due, then the party being audited shall bear all costs of the audit.
UCB Legal Department Dynavax, to be paid to UCB by Dynavax, less the amounts on account of Co-Promotion Expenses paid directly by Dynavax during such Payment Computation Period.
The initial Base Lease Payment Computation shall occur in the month of January, 2009.
Within [* * *] days after the end of each ----------------- Payment Computation Period, beginning with the Payment Computation Period as to which payments are first due to ALZA under this Section 6, Durect shall provide ALZA with a written estimate of Product sales as to which payments will be due in respect of the Payment Computation Period in question.
Otherwise, Seller will be responsible for the costs of the Earn Out Payment Computation.
Payments to ALZA from Durect due under Section 6.2 shall be made [[* * *] after the end of each Payment Computation **Material has been omitted pursuant to a request for confidential treatment, and such material has been filed separately with the SEC.
Such report shall indicate for such Payment Computation Period the dollar amount of (i) Net Sales of IOMED Product, and (ii) the royalty payments calculated under Section 4.1(a) due and payable to ALZA; provided, however, that if IOMED shall not have received from any sublicensee or distributor a report of its sales, then such sales may be included in the next quarterly report.
Payments to ALZA from Durect due under Section 6.2 shall be made within 60 days after the end of each Payment Computation **Material has been omitted pursuant to a request for confidential treatment, and such material has been filed separately with the SEC.
Payment Computation (Make sure information is complete & accurate) A.