Royalty Report. The term “Royalty Report” shall have the meaning ascribed to such term as provided in Section 5.4.
Royalty Report. For each calendar quarter for which GNE has an obligation to make royalty payments, such payments shall be accompanied by a report that specifies for such calendar quarter the following information (“Net Sales Report”):
Royalty Report. Not later than thirty (30) days after the beginning of each calendar quarter of each year (a “Reporting Period”), Licensee shall deliver to Licensor a true and accurate report (a “Royalty Report”), giving particulars of the business conducted by Licensee during the preceding Reporting Period as are relevant to an accounting for Royalties and Sublicense Fees due under this Agreement. The Royalty Report shall include the following at a minimum: (i) the quantity of Licensed Products sold by Licensee; (ii) the revenues arising from sales of Licensed Products; (iii) the calculated Royalty due to Licensor; (iv) revenues generated by any Sublicense Agreements, identifying the sublicensee, the amount, and the basis of the calculations; and (v) any other revenues received from third parties. Simultaneously with the delivery of each Royalty Report, Licensee shall pay to Licensor the applicable Royalty and Sublicense Fee due, as set forth in Paragraph 3 above.
Royalty Report. After the First Commercial Sale of a Collaboration Product for which royalties are due and payable by Cephalon, its Affiliates or Sublicensees hereunder, Cephalon shall provide Ambit with a royalty report on a quarterly calendar basis within ninety (90) days after the end of the calendar quarter to which such royalty report applies. Each such report shall state, separately for Cephalon, and each Affiliate and Sublicensee, the number, description, and aggregate Net Sales, on a country-by-country basis, and product-by-product basis during the calendar quarter during which a royalty is payable. Contemporaneously with the submission of the royalty reports Cephalon shall pay to Ambit all royalties due for such calendar quarter.
Royalty Report. Each payment of Royalties and Additional Royalties, if applicable, shall be accompanied by a report (“Royalty Report”), in a form substantially similar to Attachment Q and approved by Licensor in Licensor’s reasonable discretion, showing for such quarter:
Royalty Report. Each Royal Report required under the Agreement shall identify the gross receipts of the Company in accordance with this Agreement, as well as, for the Company, the number of products manufactured in accordance with this Agreement; the identity of each customer who is furnished such product(s), the number of units of licensed product furnished to each such customer (such units identified by type and model number), the price charged to each such customer for each such unit to licensed product, and the date such units of Licensed Product were furnished to each such customer. Signature below by both Parties indicates that this Schedule is agreed to and accepted by them as part of the patent License Agreement. THE COMPANY: LICENSOR: By: /s/ Cxxxx Xxxxxxxx By: /s/ Cxxxx Xxxxxxxx (Authorized Signature) (Authorized Signature) Cxxxx Xxxxxxxx Cxxxx Xxxxxxxx (Typed or Printed Name) (Typed or Printed Name) (Date) 12/22/04 (Date) 12/22/04
Royalty Report. The term “Royalty Report” is defined in Section 6.4 (Reports on Net Sales and Sublicensing Revenues).
Royalty Report. After the First Commercial Sale of a Licensed Product, Avro shall prepare a report (the “Royalty Report”) at the end of each Quarterly Period, setting out the Gross Revenue, the Net Revenue (including an itemized statement of any permitted discounts, refunds and taxes deducted), the Sublicensing Revenue, and the number of Licensed Products sold, along with calculations of any Royalties and Sublicensing Fee that are payable to UHN. Royalty Reports shall be due within [***] of the end of the relevant Quarterly Period. If no payments are due for any Quarterly Period, then the Royalty Report shall so state.
Royalty Report. Each royalty payment shall be accompanied by a statement which sets forth the following information:
Royalty Report. During the term of this Agreement after the first sale to a Third Party of the first Licensed Product, ALGORX shall furnish or cause to be furnished to BRIDGE on a quarterly basis a written report or reports (the "Royalty Report") covering each calendar quarter (a "Royalty Period") showing (i) gross sales and Net Sales of all Licensed Products in each country of the Territory during the Royalty Period; and (ii) the royalties, payable in Dollars, which shall have accrued hereunder with respect to such Net Sales. Royalty Reports and any royalties owed BRIDGE shall be due sixty (60) days after the end of the Royalty Period to which they pertain. In the event that there are no royalties due in a Royalty Period, the Royalty Report shall so state.
