Royalty Statements definition

Royalty Statements means a written statement made within thirty (30) days of the end of each calendar quarter certified by a duly authorized officer of ETC and setting forth a full enumeration of: (i) model numbers, type designations, and trade or brand names of all Items sold by ETC that incorporate The Technology; (ii) the total number of Items of each model or type of equipment produced and the total number sold during the preceding quarter; (iii) the Selling Price for each Item; (iv) the Discounts and Shipping Charges for each Item; (v) the Net Revenue from each Item; and (vi) the amount of the royalties payable thereon as provided in this Sublicense.
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Royalty Statements. Section 6.5
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Royalty Statements means the monthly statements required to be delivered by ▇▇▇▇▇▇▇ pursuant to Section 2.2(c) of the Manufacturing Agreement setting forth the Royalty Payments due under the Manufacturing Agreement.
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Examples of Royalty Statements in a sentence

  • Developer shall have the right to designate a certified public accountant (“the Auditor”) on Developer’s behalf to examine those accounts, books and records solely for the purpose of verifying the expenditures of the Marketing Guarantee and verifying the accuracy of the Royalty Statements under paragraph 10.2 and the Royalty payable under this Agreement.

  • 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.

  • Developer shall have the right to designate a certified public accountant (“the Auditor”) on Developer’s behalf to examine those accounts, books and records solely for the purpose of verifying the expenditures of the Marketing Guarantee and verifying the accuracy of the Royalty Statements under paragraph 7.2 and the Royalty payable under this Agreement.

  • 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 as soon as possible, but in any event no later than forty-five (45) days following the close of each calendar quarter.

  • BDSI and any designee thereof shall have the right to audit and inspect such Books and Records pursuant to the terms of Section 14.11 solely to confirm completeness and accuracy of the information in the Royalty Statements and amounts of payments due under this Article IV.

  • Royalty Statements shall be due no later than *** days following the close of each Calendar Quarter.

  • If the underpaid Royalties revealed from any Royalty examination shall exceed five percent (5%) of the aggregate Royalty Payments actually paid with respect to the examined Royalty Statements, then Licensee shall also pay Licensor’s reasonable out-of-pocket costs of conducting the audit (excluding any travel and/or accommodations expense incurred by Licensee or its representative in connection therewith).

  • CYTO shall permit an independent, certified public accountant reasonably acceptable to CYTO to audit and/or inspect those records of CYTO (including financial records) that relate to number of lozenges sold and Net Sales for the sole purpose of verifying the completeness and accuracy of the Royalty Statements and, the calculation of Minimum Royalties, Net Sales and confirming royalty payments for the Product, during the preceding calendar year.

Related to Royalty Statements

  • Royalty Report has the meaning set forth in Section 10.3.4 (Royalty Reports and Payments).

  • Royalty Payments has the meaning set forth in Section 7.3.1.

  • Statutory Statements means, with respect to any Regulated Insurance Company for any fiscal year, the annual or quarterly financial statements of such Regulated Insurance Company as required to be filed with the Insurance Regulatory Authority of its jurisdiction of domicile and in accordance with the laws of such jurisdiction, together with all exhibits, schedules, certificates and actuarial opinions required to be filed or delivered therewith.

  • Monthly Statement The statement delivered to the Certificateholders pursuant to Section 4.06.

  • Royalty Payment has the meaning set forth in Section 6.1.