Royalty Statement definition
Examples of Royalty Statement in a sentence
Licensee shall update this information from time to time so that PalmSource has the accurate product type information at the time each Royalty Statement is provided sufficient to identify which PS Licensed Products were included on the respective product.
Due on the same day as the NSR payment, Lessee shall provide Lessor with a Royalty Statement which details the amount of ores, minerals, or other products sold or processed and a detailed compilation of the payment due.
Lessor may require an independent audit by a CPA or accounting firm that is acceptable to both parties of the Royalty Statement and all records related to concentrate or product sales.
With each such quarterly payment, the payor shall furnish the payee a royalty statement (the "Royalty Statement"), setting forth on a country-by-country basis the total number of units of each Product made, used and/or sold hereunder for the quarterly period for which the royalties are due.
Any such adjustments shall be detailed in writing by the Operator in the applicable Royalty Statement.