Examples of Royalty Statements in a sentence
The payee, at its expense, through a certified public accountant, shall have the right to access such books and records for the sole purpose of verifying the Royalty Statements; such access shall be conducted after reasonable prior notice by the payee to the payor during the payor's ordinary business hours and shall not be more frequent than once during each calendar year.
Immediately upon receipt of an audit report from the independent certified public accountant, Revlon shall provide written notice to BrandCo of whether the Royalty Statements and Royalties due under this Agreement were correctly made, the amounts of error in such payments, and the nature and extent of the errors of the applicable Royalty Statements and Royalties, if any.
The Purchaser shall permit a recognized independent auditing firm reasonably acceptable to the Purchaser to audit and/or inspect records of the Purchaser solely to the extent required to verify: (A) the completeness and accuracy of the Royalty Statements; (B) the calculation of Net Sales and (C) the amount of Royalty payments for the Product for the previous year.
Royalty Statements shall be due no later than *** following the close of each Calendar Quarter.
Royalty Statements shall be due no later than *** days following the close of each Calendar Quarter.
No action, suit, or proceeding of any nature with respect to any Royalty Statement or other accounting rendered by STRATEGY hereunder may be maintained against STRATEGY unless such action, suit or proceeding is commenced against STRATEGY in a court of competent jurisdiction within two (2) years after RED MILE’s actual examination of the Royalty Statements, if any, pursuant to this Agreement.
All Royalty Statements shall be accompanied by a certificate signed by Xxxx, or an executive officer of Xxxx'x Affiliates, sublicensees or permitted assigns under this Agreement, as the case may be, which certificate shall show in sufficient detail how the royalty amount was computed and state that the Royalty Statement has been reviewed by qualified independent public accountants.
The accounting firm shall disclose to Adolor only whether the Royalty Statements are correct or incorrect and the specific details concerning any discrepancies (such as any amounts due).
Royalty Statements, Invoices and Contracts 29III.ii.1. The League of Dramatists 29III.ii.2. Macmillan Ltd 29III.ii.2.a. Macmillan, New York 29III.ii.2.b. MacMillan, London 30III.ii.3. Samuel French Ltd 31III.ii.4. Other Book Royalties 31III.ii.5. Other Performance Royalties and Contracts 32III.iii.
In addition to the foregoing, during the Royalty Term and for one (1) year thereafter, the Buyer shall maintain, and shall cause its Subsidiaries and use reasonable best efforts to cause its sublicensees to maintain, complete and accurate records in all material respects with respect to the commercialization of the Indocin Product to the extent required to permit the Royalty Recipient to confirm the accuracy of the Royalty Statements submitted by the Buyer hereunder.