Payment and Reporting Schedule Sample Clauses

Payment and Reporting Schedule. Licensee will pay all License Fees owed to Licensor within fifteen calendar days following the end of the calendar month in which the Royalty Bearing Product was transferred to or Placed, including but not limited to distributors and/or End Users. All License Fees in this Agreement will be paid by Licensee to Licensor in United States dollars. Any amount due Licensor hereunder that is not paid will thereafter bear interest until paid at a rate of interest equal to the lesser of 18 percent per annum or the maximum interest rate allowed by applicable law. Within fifteen calendar days following the end of each calendar month, and at the same time Licensee makes payment of the License Fees hereunder, Licensee shall furnish to Licensor a full and complete statement in an electronic format (which will be provided by Licensor), duly certified by an officer of Licensee to be true and accurate, showing: (a) the number of Royalty Bearing Products that Licensee transferred to or Placed, including but not limited to distributors and End Users, during the calendar month in question; (b) the theme name, License Tag number, and serial number of each such Royalty Bearing Product Placed; (c) the End User and the distributor, if applicable, that purchased each Royalty Bearing Product; (d) the End User property at which the Royalty Bearing Product was Placed; (e) the amount of License Fees due for the reporting period, including reporting periods in which no License Fees are due; (f) an inventory count of License Tags in the Licensee's possession at the end of the reporting period; (g) a certification that all Royalty Bearing Product Placements included the language in Schedule B of this Agreement; (h) the number prepaid licenses and associated License Tags used during the period; (i) the number prepaid licenses and associated License Tags remaining in Licensee's inventory; and (j) the number prepaid License Tags being returned with the report to signify the application of a prepaid license to a subsequent Placement. In the event that the Licensor identifies Royalty Bearing Products that have been Placed for which a License Fee has not been paid, then Licensor will notify Licensee of (i) the date that such was identified; (ii) the property at which the Royalty Bearing Product is Placed; and (iii) the serial number of each such Royalty Bearing Product; in which case Licensee will be charged by Licensor, and Licensee agrees to pay, a surcharge of [*] (the "Surcharge") in addit...
Sample 1
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Payment and Reporting Schedule. Licensee will pay all license fees owed to Anchor within fifteen (15) calendar days following the end of the calendar month in which the Royalty Bearing Product was sold, leased or placed with a third party. All license fees in this Agreement will be paid by Licensee to Anchor in United States dollars. Any amount due Anchor hereunder that is not paid will thereafter bear interest until paid at a rate of interest equal to the lesser of [*] per annum or the maximum interest rate allowed by applicable law. Within fifteen (15) calendar days following the end of each calendar month, and at the same time Licensee makes payment of the license fees hereunder, Licensee shall furnish to Anchor a full and complete statement, duly certified by an officer of Licensee to be true and accurate, showing: (a) the number of Royalty Bearing Products that Licensee sold, leased or placed with a third party during the calendar month in question, (b) the serial number of each such Royalty Bearing Product, (c) the customer that purchased, leased or received each Royalty Bearing Product, (d) the location at which the Royalty Bearing Product is licensed, and (e) the amount of license fees due. * INFORMATION HAS BEEN OMITTED FROM THIS DOCUMENT AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION UNDER A REQUEST FOR CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.
Sample 1
Payment and Reporting Schedule. Licensee will pay all License Fees owed to Licensor within forty-five (45) calendar days following the end of the calendar quarter in which the Royalty Bearing Product was Placed with a third party. All License Fees in this Agreement will be paid by Licensee to Licensor in United States dollars. Any amount due Licensor hereunder that is not paid will thereafter bear interest until paid at a rate per annum equal to twelve percent (12%). Within forty-five (45) calendar days following the end of each calendar quarter, and at the same time Licensee makes payment of the License Fees hereunder, Licensee shall furnish to Licensor a full and complete statement, duly certified by an officer of Licensee to be true and accurate, showing: (a) the number of Royalty Bearing Products that Licensee Placed with third parties during the calendar quarter in question; (b) the serial number of each such Royalty Bearing Product; (c) the customer that purchased, leased or received each Royalty Bearing Product; (d) the property at which the Royalty Bearing Product is licensed; (e) the date of Placement or shipment of each Royalty Bearing Product, and (f) the amount of License Fees due, including Transfer Fees. Licensor shall not terminate this Agreement for Licensee’s non-compliance with the foregoing sentence if Licensee uses best efforts to comply with such sentence. Licensee deems such reported information to be proprietary, and Licensor shall only use such information for the purpose of enforcing its rights under this Agreement and for no other purpose.
Sample 1
Payment and Reporting Schedule. Contractor shall invoice County quarterly based on the payment schedule tables for each fiscal year. Itemized invoices will include a detailed accounting of expenses and funding use. Expenses must be in accordance with services outlined in this agreement or expenses may be disallowed. Reporting requirements from Exhibit C are included in the invoice and reporting schedule below. County shall pay Contractor upon receipt and approval of invoices and all required reporting. Payment and Reporting Schedule for FY16-17 Table B1 Fiscal Year FY16-17 One Time Payment 0xx Xxxxxxx 0xx Xxxxxxx 0xx Xxxxxxx Xxxx One Time Payment Based on Negotiated Funding Method November 15, 2016 through December 31, 2016 January 1, 2017 through March 31, 2017 April 1, 2017 through June 30, 2017 Amount *$28,409 *$51,518 $51,518 $51,518 Detailed Expense Invoice Due January 20, 2017 January 20, 2017 April 20, 2017 June 26, 2017 January 20, 2017 January 20, 2017 April 20, 2017 July 20, 2017 Reporting Due County Grant Awards Report A. Quarterly Reporting: Narrative Numbers Served Performance Measures Results A. Quarterly Reporting: Narrative Numbers Served Performance Measures Results A. FY Annual Reporting: Narrative Numbers Served Performance Measures Results B. Additional Reporting: B. Additional Reporting: B. Additional Reporting: Customer/Client Satisfaction Report FY16-17 Line Item Budget Annual Audited Financial Statement County Grant Awards Report Customer/Client Satisfaction Report Financial Flexibility Plan FY16-17 Total $182,963 *Please submit two detailed expense invoices – one for the One Time Payment and one for the 2nd Quarter Payment. Payment and Reporting Schedule for FY17-18 Table B2 Fiscal Year XX00-00 0xx Xxxxxxx 0xx Xxxxxxx 0xx Xxxxxxx 0xx Quarter Term July 1, 2017 through September 30, 2017 October 1, 2017 through December 31, 2017 January 1, 2018 through March 31, 2018 April 1, 2018 through June 30, 2018 Amount $51,517 $51,518 $51,518 $51,518 Invoice Due October 20, 2017 January 20, 2018 April 20, 2018 June 25, 2018 October 20, 2017 January 20, 2018 April 20, 2018 July 20, 2018 A. Quarterly Reporting: A. Quarterly Reporting: A. Quarterly Reporting: A. FY Annual Reporting: Reporting Due Narrative Numbers Served Performance Measures Results Narrative Numbers Served Performance Measures Results Narrative Numbers Served Performance Measures Results Narrative Numbers Served Performance Measures Results B. Additional Reporting: B. Additional Rep...
Sample 1
Payment and Reporting Schedule. (a) Subject to the terms and conditions of this Agreement, HRM shall pay the Contribution Amount to the WCA in accordance with the following schedule and milestones:
Sample 1

Related to Payment and Reporting Schedule

  • Notice and Reports The request for the issuance of a Letter of Credit shall be submitted to the Issuing Lender at least five (5) Business Days prior to the requested date of issuance. The Issuing Lender will promptly upon request provide to the Administrative Agent for dissemination to the Revolving Lenders a detailed report specifying the Letters of Credit which are then issued and outstanding and any activity with respect thereto which may have occurred since the date of any prior report, and including therein, among other things, the account party, the beneficiary, the face amount, expiry date as well as any payments or expirations which may have occurred. The Issuing Lender will further provide to the Administrative Agent promptly upon request copies of the Letters of Credit. The Issuing Lender will provide to the Administrative Agent promptly upon request a summary report of the nature and extent of LOC Obligations then outstanding.

  • Information and Reporting Requirements 63 7.1 Financial and Business Information.........................................................63 7.2

  • Payments Royalties and Reports 3.0 Coordination of Payments under the US Agreement. The license fee, milestone payments and royalties payable by SPL under this Article III are in consideration for the rights and licenses granted to SPL under this Agreement and are in addition to any amounts payable to Licensor under the US Agreement. It is understood and agreed that, with respect to the development milestone payable under Section 3.2(a)(i) and the sales milestones payable under Section 3.2(b) the occurrence of one or more of such milestone events will result in milestone payment obligations under both this Agreement and the corresponding provisions of the US Agreement. It is further understood that SPL's financial obligations with respect to development costs under Article II shall be [ * ] apportioned between SPL and the corresponding obligations of Schering Corporation under the US Agreement.

  • Payments and Reports All payments and reports due hereunder shall be made on or before the day such payments and reports are due. Nothing in this paragraph shall be construed to extend the expiration of the primary term hereof. Oil royalty payments and supporting documents shall be submitted prior to the last day of the month following each month's sale of production, and gas royalty payments and supporting documents shall be submitted prior to the last day of the second month following each month's sale of production. All payments shall be made by cash, check, certified check, or money order. Payment having restrictions, qualifications, or encumbrances of any kind whatsoever shall not be accepted by Lessor. A penalty for a late payment shall be charged as set forth in the PENALTIES paragraph herein.

  • Royalty Payments and Reports Payments for Coal mined and sold hereunder shall be made on a timely basis, when due and without demand by COLT, on or before the twentieth (20th) day of each month (“Payment Deadline”) for all Coal mined or produced from the Premises, shipped and sold, or used, together with all Foreign Coal transported and sold by Lessee or its Affiliates, or assigns during the preceding month as to Coal, as evidenced by a report or reports furnished by Lessee to COLT tendered contemporaneously with payment. Payments shall be made by check or wire transfer. If by check, payment shall be made to the following address: 000 Xxxxxx Xxxx Drive Beckley, WV 25801 If by wire transfer, payment shall be to the following address: Bank: Huntington Bank ABA: 000000000 Credit To: Colt LLC Account #: 01221137324 Copies of the reports required in this section 14 and evidence of the wire transfer or check shall be forwarded by mail or fax to: Colt LLC 0000 XXX Xxxx., Xxxxx 000 Xxxx Xxxxx Xxxxxxx, XX 00000 The addresses for payment by check or wire transfer and/or for submitting reports may be amended from time to time by COLT upon notice to Lessee. Not later than the Payment Deadline, Lessee shall report to COLT showing the actual amount for each and every mining method of Coal mined, processed, stockpiled, loaded, shipped, and sold from the Premises by Lessee and/or its Affiliates or contractors during the preceding month and shall also include individual sales of Coal by Lessee, the customers to which Coal was sold, the Gross Sales Prices of Coal for each sale, itemization of allowable deductions for each sale, calculations of Actual Production Royalty due COLT for each sale and for the preceding month, and the location, by Quarter-Quarter Section, Township, and Range, of the lands of COLT from which such Coal was mined. Such report or reports shall be made either on a form or forms of COLT supplied to Lessee or on a form or forms of Lessee that are approved by COLT. Each report shall be certified to be true, accurate, and correct by Lessee and shall be to the satisfaction of COLT. In any event, all of the aforementioned items shall be made available to COLT by Lessee, at all times upon COLT’s request, for any month during the term of this Lease. Such reports shall, at COLT’s request, be accompanied by copies of invoices, purchase orders, sales receipts, bills of lading, truck weight tickets, railroad weight tickets, barge weight tickets, statements of transportation, washing and handling charges, and other forms of verification as may be deemed necessary by COLT.

  • Access and Reports Subject to applicable Law, upon reasonable notice, (a) the Company shall (and shall cause its Subsidiaries to) afford Parent and Parent’s Representatives reasonable access, during normal business hours throughout the period prior to the Effective Time, to its employees, properties, books, Contracts and records and, during such period, shall (and shall cause its Subsidiaries to) furnish promptly to Parent all information concerning its business, properties and personnel as may reasonably be requested and (b) Parent shall (and shall cause its Subsidiaries to) afford the Company reasonable access, during normal business hours throughout the period prior to the Effective Time, to such information as may be reasonably requested by the Company for a bona fide business purpose in connection with material events, circumstances, occurrences or developments with respect to Parent and its Subsidiaries after the date of this Agreement (or which were not previously disclosed to the Company by Parent or its Representatives and were not known by the Company, in each case, as of the date of this Agreement); provided that (i) neither the Company nor Parent shall be required to provide such access if it would unreasonably disrupt its operations and (ii) no investigation pursuant to this Section 6.7 shall affect or be deemed to modify any representation or warranty made by the Company, Parent, or Merger Sub herein, and provided, further, that the foregoing shall not require the Company, Parent or any of their respective Subsidiaries (1) to permit any inspection, or to disclose any information, that in the reasonable judgment of the Company or Parent, as applicable, would result in the disclosure of any Trade Secrets of third parties or violate any of its obligations with respect to confidentiality (provided that such Party shall have used reasonable best efforts to obtain the consent of such third party to such inspection or disclosure), (ii) to permit (or to require the Company to perform) any Phase II environmental site assessments or other intrusive environmental sampling or subsurface investigations, including soil, sediment or groundwater testing or sampling, on any of the properties owned, leased or operated by it or any of its Subsidiaries or (iii) to disclose any privileged information of the Company, Parent or any of their respective Subsidiaries. Notwithstanding anything in this 60 Section 6.7 to the contrary, the Company and Parent shall use their respective commercially reasonable efforts to obtain any consents of third parties that are necessary to permit such access or make such disclosure and shall otherwise use commercially reasonable efforts to permit such access or disclosure, including pursuant to the use of “clean team” arrangements (on terms reasonably acceptable to the Company and Parent, as applicable) pursuant to which outside counsel of Parent or the Company, as applicable, could be provided access to any such information and pursuant to which such information shall not be disclosed by such outside counsel to directors, officers, employees or other Representatives of Parent or the Company, as applicable, without the prior consent of the other Party; provided that neither the Company nor Parent, as applicable, shall be required to incur any liability, take any action that would breach any Contract or applicable Law or otherwise jeopardize any privilege or protection in connection with the foregoing. All requests for information made pursuant to this Section 6.7 shall be directed to the general counsel or other Person designated by the Company or Parent, as applicable. All such information shall be governed by the terms of the Confidentiality Agreement.

  • Basic Financial Information and Reporting (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

  • Financial Information and Reporting (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied (except as noted therein or as disclosed to the recipients thereof), and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

  • Records and Reports of Inventory Each Borrower shall keep accurate and complete records of its Inventory, including costs and daily withdrawals and additions, and shall submit to Agent inventory and reconciliation reports in form satisfactory to Agent, on such periodic basis as Agent may request. Each Borrower shall conduct a physical inventory at least once per calendar year (and on a more frequent basis if requested by Agent when an Event of Default exists) and periodic cycle counts consistent with historical practices, and shall provide to Agent a report based on each such inventory and count promptly upon completion thereof, together with such supporting information as Agent may request. Agent may participate in and observe each physical count.

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