Reporting and Payment Obligations. Within 7 business days after the end of each calendar quarter, PlanetCAD shall provide Dassault Systemes with an itemized statement, subject to adjustment within 30 days of receipt of such statement, setting forth the Net Revenue achieved over the preceding calendar quarter, and shall include such other information as may be mutually agreed upon by the Parties (the "Revenue Report"). The Revenue Report shall be accompanied by payment to Dassault Systemes of all amounts owed as set forth on such Revenue Report as well as, when applicable, the exchange currency rate. When agreed between the Parties as provided for in Section 7.2, payment will be made to Dassault Systemes in the currency received by PlanetCAD for the provision of the Web Services. Otherwise, payment shall be made in US dollars as provided for in Section 7.2. To the extent possible under applicable law, payment will be made to Dassault Systemes in the currency received by PlanetCAD for the provision of the Web Services and as agreed between the Parties. In the event that PlanetCAD is unable under foreign currency export controls or similar applicable laws, unknown to the Parties at the time where they agree on payments in that currency, to provide payment to Dassault Systemes in the agreed upon currency received by PlanetCAD, the Parties agree to negotiate a mutually agreeable solution. Dassault Systemes 'S right to payment shall accrue upon the date the corresponding revenues accrue to PlanetCAD. PlanetCAD shall pay interest for late payment of any sum due at the LIBOR rate plus four points (not to exceed the maximum rate authorized, or be inferior to the minimum rate allowed, by applicable law, as the case may be).
Reporting and Payment Obligations. Within 7 Business Days after the end of each calendar quarter, the Billing Party shall provide the other party with an itemized statement, subject to adjustment within 30 days of receipt of such statement, setting forth the Net Revenue achieved over the preceding calendar quarter, and shall include such other information as may be mutually agreed upon by the parties (the "Revenue Report"). The Revenue Report shall be accompanied by payment to the Non-Billing Party of all amounts owed as set forth on such Revenue Report, as well as - when applicable - the exchange currency rate. When agreed between the parties as provided for in Section 5.2, payment will be made to the Non-Billing Party in the currency received by the Billing Party for the provision of the Co-Branded Service. Otherwise, payment shall be made in US dollars as provided for in Section 5.2. In the event that the Billing Party is unable under foreign currency export controls or similar applicable laws, unknown to the parties at the time where they agree on payments in that currency, to provide payment to the Non-Billing Party in the currency received by the Billing Party the parties agree
Reporting and Payment Obligations. In conjunction with the reports due pursuant to section 9(a), Waterfront will provide Licensor with a report detailing the: (i) number of Paid Subscribers and (ii) Paid Subscriber Revenue credited to each Licensor Partner. Audit rights per section 9(b).
Reporting and Payment Obligations. Within 7 Business Days after the end of each calendar quarter, the Billing Party shall provide the other party with an itemized statement, subject to adjustment within 30 days of receipt of such statement, setting forth the Net Revenue achieved over the preceding calendar quarter, and shall include such other information as may be mutually agreed upon by the parties (the "Revenue Report"). The Revenue Report shall be accompanied by payment to the Non-Billing Party of all amounts owed as set forth on such Revenue Report, as well as - when applicable - the exchange currency rate. When agreed between the parties as provided for in SECTION 5.2, payment will be made to the Non-Billing Party in the currency received by the Billing Party for the provision of the Co-Branded Service. Otherwise, payment shall be made in US dollars as provided for in SECTION 5.2. In the event that the Billing Party is unable under foreign currency export controls or similar applicable laws, unknown to the parties at the time where they agree on payments in that currency, to provide payment to the Non-Billing Party in the currency received by the Billing Party the parties agree to negotiate a mutually agreeable solution. A party's right to payment shall accrue upon the date the corresponding revenues accrue to the Billing Party. The parties shall pay interest for late payment of any sum due at the LIBOR rate plus four points (not to exceed the maximum rate authorized, or be inferior to the minimum rate allowed, by applicable law, as the case may be).
Reporting and Payment Obligations
