Reports Records and Payments Sample Clauses

Reports Records and Payments. 4.1 (a) Production Reports, shall be due annually on or before October 1st for activities including commercialization and certification efforts related to the Licensed Variety during the prior 12 month period beginning upon October 1st and ending September 30th. Please include the status of the Licensed Variety e.g. Nuclear = “N”; Generation = “G”, G1, G2, G3…; Field Year = “FY”, XX0, XX0, XX0…; Certified “C”; Foundation = “F”; or the terms used by your local certification agency for seed potatoes relating to specific criteria to disease tolerances and other requirements, increasing inventory efforts, etc.
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Reports Records and Payments. 5.1 Beginning January 1, 2008 and ending on the date of first commercial sale of a Licensed Product, MYMETICS shall submit to PEVION annual progress reports covering MYMETICS' (and Affiliate's and Sublicensee's) activities to develop and test all Licensed Products and obtain governmental approvals necessary for marketing the same. Such reports shall include an overview of work completed; overview of work in progress; current schedule of anticipated events or milestones; market plans for introduction of Licensed Products in the reporting period. MYMETICS shall also report to PEVION, in its immediately subsequent progress report, the date of first commercial sale of a Licensed Product in each country of the Territory.
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Reports Records and Payments. Before the thirtieth (30) day following each quarterly period ending September 30, 1997, December 31, 1997, and March 31, 1998, June 30, 1998, and so on, respectively, from the date of the signing of this Agreement, all production minimums and sales, and related royalties payable hereunder shall be reported to LICENSOR. LICENSEE shall furnish to LICENSOR a statement, certified by an officer of LICENSEE, showing all licensed "units" and/or "fuel pellets" manufactured and sold by LICENSEE during such quarter. This report shall include details of all production and sales and a computation of the royalties payable pursuant to paragraph 3 hereof. In that itemization, sales of all companies operating as sublicensees of LICENSEE shall also be reported. This statement shall be submitted to LICENSOR even if no sales have taken place during the applicable quarterly period. Concurrent with the conveyance of such royalty report, LICENSEE shall pay to LICENSOR all royalties as are due and payable. All sums of money payable by LICENSEE to LICENSOR under this Agreement shall be paid in United States currency and to the LICENSOR directly, or to an account designed by LICENSOR. Payment shall be made in accordance with the definition of net selling price of "units" and/or "fuel pellets" of the inventions licensed hereunder, as set out in the definitions portion of this Agreement. Where foreign currency is received, such shall be converted into United States currency using the foreign exchange rate as set for bank transfers in the United States for payment abroad, less all expenses relating to the conversion and/or collection thereof. The exchange rate shall be that which is in effect for the last business day of a calendar quarter in which the sales were made. LICENSEE shall keep complete, true and accurate books of account containing all particulars of their business activities as necessary for demonstrating the accuracy of the report rendered to LICENSOR setting out the amount to be paid to LICENSOR by way of royalties, as set forth above. Such books of account and supporting data shall be open at any reasonable time for a period of five (5) years following the end of a calendar year to which they pertain for the inspection of LICENSOR, or his representatives, for the purpose of verifying LICENSEE's royalty statements, or LICENSEE's compliance with respect to other aspects of this Agreement.
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Reports Records and Payments a. Following receipt of Oncorus’s written notifications under Section 7.3, Xxxxx will issue an invoice to Oncorus for the applicable payment. Oncorus shall pay all fees within [***] ([***]) days of invoice.
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Reports Records and Payments. 4.1 After First Commercial Sale of each Product anywhere in the Territory, Licensee shall submit to Licensor quarterly royalty reports for each Product on or before 45 days after the end of each calendar quarter ending March 31, June 30 and September 30 and 75 days after the end of last quarter of each year. Each royalty report shall cover Licensee’s most recently completed calendar quarter and shall show the gross sales, itemized deductions as provided in Paragraph 1.14, and Net Sales of each Product during the most recently completed calendar quarter and the royalties, in USD, payable with respect thereto. Each such report shall be accompanied by a payment equal to the total royalties or Commercial Milestones owed by Licensee with respect to such previous calendar quarter in accordance with the terms of section 3.
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Reports Records and Payments. 5.1 PEVION commits to keep MYMETICS management informed of the significant evolutions of its virosome technology on a regular basis, but at least annually, with more in depths information being available to MYMETICS' CSO through PEVION's CSO, on a need-to-know basis.
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Reports Records and Payments. 9.1 The Licensee shall provide written reports detailing Gross Sales, Licence Payments, commercialisation of Licensed IP and Products, progress with Milestones, and other information as specified in Item 8 of the Details or reasonably required by the Licensor in relation to this Agreement. Unless otherwise provided in Item 8, reports shall be half-yearly, within 30 days after each period ending on the last days of June and December in each year).
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Reports Records and Payments 
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Related to Reports Records and Payments

  • Documents, Records and Funds in Possession of the Master Servicer To Be Held for Trustee.

  • Reports and Payments All Returns (as defined below in clause (c) of this Section) required to be filed by or on behalf of the Borrower, the Guarantors, or any member of the Controlled Group (hereafter collectively called the “Tax Group”) have been duly filed on a timely basis or appropriate extensions have been obtained and such Returns are and will be true, complete and correct, except where the failure to so file would not be reasonably expected to cause a Material Adverse Change; and all Taxes shown to be payable on the Returns or on subsequent assessments with respect thereto will have been paid in full on a timely basis, and no other Taxes will be payable by the Tax Group with respect to items or periods covered by such Returns, except in each case to the extent of (i) reserves reflected in the Financial Statements and the Interim Financial Statements, or (ii) taxes that are being contested in good faith. The reserves for accrued Taxes reflected in the financial statements delivered to the Lenders under this Agreement are adequate in the aggregate for the payment of all unpaid Taxes, whether or not disputed, for the period ended as of the date thereof and for any period prior thereto, and for which the Tax Group may be liable in its own right, as withholding agent or as a transferee of the assets of, or successor to, any Person.

  • Books Records and Reports 6 19. The Contractor shall establish and maintain accounts and other books and records 7 pertaining to administration of the terms and conditions of this Settlement Contract, including: 8 the Contractor's financial transactions, water supply data, and Project land and right-of-way 9 agreements; the water users' land-use (crop census), land ownership, land-leasing and water use 10 data; and other matters that the Contracting Officer may require. Reports thereon shall be 11 furnished to the Contracting Officer in such form and on such date or dates as the Contracting 12 Officer may require. Subject to applicable Federal laws and regulations, each party to this 13 Settlement Contract shall have the right during office hours to examine and make copies of each 14 other’s books and official records relating to matters covered by this Settlement Contract.

  • Inspection of Records and Reports Every Trustee shall have the right at any reasonable time to inspect all books, records, and documents of every kind and the physical properties of the Trust. This inspection by a Trustee may be made in person or by an agent or attorney and the right of inspection includes the right to copy and make extracts of documents. No Shareholder shall have any right to inspect any account, book or document of the Trust that is not publicly available, except as conferred by the Trustees. The books and records of the Trust may be kept at such place or places as the Board of Trustees may from time to time determine, except as otherwise required by law.

  • Books, Records and Financial Statements At all times during the continuance of the Company, the Company shall maintain, at its principal place of business, separate books of account for the Company that shall show a true and accurate record of all costs and expenses incurred, all charges made, all credits made and received and all U.S. income derived in connection with the operation of the Company’s business in accordance with generally accepted accounting principles consistently applied, and, to the extent inconsistent therewith, in accordance with this Agreement. Such books of account, together with a copy of this Agreement and the Certificate, shall at all times be maintained at the principal place of business of the Company and shall be open to inspection and examination at reasonable times and upon reasonable notice by each Member and its duly authorized representative for any purpose reasonably related to such Member’s Interest; provided that the Company may maintain the confidentiality of Schedule A.

  • Books, Records and Inspections The Borrower will, and will cause each Restricted Subsidiary to, permit officers and designated representatives of the Administrative Agent or the Required Lenders to visit and inspect any of the properties or assets of the Borrower and any such Subsidiary in whomsoever’s possession to the extent that it is within such party’s control to permit such inspection (and shall use commercially reasonable efforts to cause such inspection to be permitted to the extent that it is not within such party’s control to permit such inspection), and to examine the books and records of the Borrower and any such Subsidiary and discuss the affairs, finances and accounts of the Borrower and of any such Subsidiary with, and be advised as to the same by, its and their officers and independent accountants, all at such reasonable times and intervals and to such reasonable extent as the Administrative Agent or the Required Lenders may desire (and subject, in the case of any such meetings or advice from such independent accountants, to such accountants’ customary policies and procedures); provided that, excluding any such visits and inspections during the continuation of an Event of Default (a) only the Administrative Agent on behalf of the Required Lenders may exercise rights of the Administrative Agent and the Lenders under this Section 9.2, (b) the Administrative Agent shall not exercise such rights more than two times in any calendar year and (c) only one such visit shall be at the Borrower’s expense; provided further that when an Event of Default exists, the Administrative Agent (or any of its respective representatives or independent contractors) or any representative of the Required Lenders may do any of the foregoing at the expense of the Borrower at any time during normal business hours and upon reasonable advance notice. The Administrative Agent and the Required Lenders shall give the Borrower the opportunity to participate in any discussions with the Borrower’s independent public accountants.

  • RECORDS AND STATEMENTS The records of the Trustee pertaining to the Plan must be open to the inspection of the Plan Administrator, the Advisory Committee and the Employer at all reasonable times and may be audited from time to time by any person or persons as the Employer, Plan Administrator or Advisory Committee may specify in writing. The Trustee must furnish the Plan Administrator or Advisory Committee with whatever information relating to the Trust Fund the Plan Administrator or Advisory Committee considers necessary.

  • 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.

  • Royalty Reports and Payments After the first sale of a Product on which royalties are payable by a Party hereunder, such Party shall make quarterly written reports to the other Party within sixty (60) days after the end of each calendar quarter, stating in each such report, separately the number, description, and aggregate Net Sales, by territory, of each such Product sold during the calendar quarter upon which a royalty is payable under Section 6.3 or Section 6.4 above, as applicable. Concurrently with the making of such reports, such Party shall pay to the other Party royalties due at the rates specified in Section 6.3 or Section 6.4 above, as applicable.

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