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:
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Royalty Statements means the monthly statements required to be delivered by Xxxxxxx pursuant to Section 2.2(c) of the Manufacturing Agreement setting forth the Royalty Payments due under the Manufacturing Agreement.
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Royalty Statements. Section 6.5
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Examples of Royalty Statements in a sentence

  • 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.

  • 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.

  • 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.

  • Notwithstanding anything contained in the Agreement or this Eighth Amendment to the contrary, from and after the expiration of the Transition Period, Block shall not market, promote, advertise, distribute or commercialize the Products, and Block shall not be required to make any royalty or other payments, or deliver Royalty Statements or other reports, to Atrix with respect to periods commencing from and after the expiration of the Transition Period (subject to Atrix's rights set forth in Section 10).

  • 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).

  • Royalty Statements shall be due no later than *** following the end of each calendar quarter.

  • All Royalty Statements shall be accompanied by a certificate signed by Xxxx, or an executive officer of Xxxx'x Affiliates, sublicensees or permitted assigns under this Agreement, as the case may be, which certificate shall show in sufficient detail how the royalty amount was computed and state that the Royalty Statement has been reviewed by qualified independent public accountants.

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

  • No action, suit, or proceeding of any nature with respect to any Royalty Statement or other accounting rendered by STRATEGY hereunder may be maintained against STRATEGY unless such action, suit or proceeding is commenced against STRATEGY in a court of competent jurisdiction within two (2) years after RED MILE’s actual examination of the Royalty Statements, if any, pursuant to this Agreement.

  • 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 6.3(a).

  • 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.

  • Operating Statement Analysis Report format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Sales Report means a report in substantially the form set forth in Exhibit B (Royalty Report Form).

  • SOS Reports means the official reports from the Secretaries of State of each Collateral State, Chief Executive Office State and the Borrower State and other applicable federal, state or local government offices identifying all current security interests filed in the Collateral and Liens of record as of the date of such report.

  • Quarterly Statement means the quarterly statutory financial statement of any Insurance Subsidiary required to be filed with the insurance commissioner (or similar authority) of its jurisdiction of incorporation or, if no specific form is so required, in the form of financial statements permitted by such insurance commissioner (or such similar authority) to be used for filing quarterly statutory financial statements and shall contain the type of financial information permitted by such insurance commissioner (or such similar authority) to be disclosed therein, together with all exhibits or schedules filed therewith.

  • Sublicense Revenues means [***].

  • Sublicensing Revenue means all (i) cash, (ii) sublicensing fees and (iii) all other payments and the cash equivalent thereof, which are paid to LICENSEE by the Sublicensees of its rights hereunder, but excluding the following payments:

  • Royalties means all royalties, fees, expense reimbursement and other amounts payable by a Loan Party under a License.

  • Explanatory Statement means the explanatory statement which forms part of the Notice;

  • Audited Statements means the Consolidated balance sheets of the Borrower as at December 31, 2001, and the related Consolidated statements of income and cash flows of the Borrower for the fiscal year then ended, accompanied by the opinion thereon of the Borrower's independent public accountants.

  • Statutory Statement means a statement of the condition and affairs of an Insurance Subsidiary, prepared in accordance with accounting procedures and practices prescribed or permitted by an applicable insurance regulatory authority or the NAIC, as modified in accordance with permitted practices approved by an applicable insurance regulatory authority, and filed with an applicable insurance regulatory authority or the NAIC.

  • Sublicense Revenue means [***].

  • Net Sales means [***].

  • CMSA Operating Statement Analysis Report means a report substantially in the form of, and containing the information called for in, the downloadable form of the "Operating Statement Analysis Report" available as of the Closing Date on the CMSA Website or in such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage-backed securities transactions generally.

  • Privacy Statements means, collectively, all of the Company’s and the Company Subsidiaries’ publicly posted privacy policies (including if posted on the Company’s or the Company Subsidiaries’ products and services) regarding the collection, use, disclosure, transfer, storage, maintenance, retention, deletion, disposal, modification or processing of Personal Data.

  • Gross receipts means the total revenue derived from sales, work done, or service rendered.

  • Net Revenues means the difference between:

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • Interim Statements means the quarterly financial statement of any insurance company as required to be filed with the Department, together with all exhibits or schedules filed therewith, prepared in conformity with SAP. References to amounts on particular exhibits, schedules, lines, pages and columns of such interim statements are based on the formats promulgated by the NAIC for 2012 interim statements for the applicable type of insurance company. If such format is changed in future years so that different information is contained in such terms or they no longer exist, it is understood that the reference is to information consistent with that recorded in the referenced item in the 2012 interim statement of the insurance company.

  • Target Financial Statements has the meaning set forth in Section 3.4.

  • Monthly Reports shall have the meaning specified in Section 5.16(b) of the Indenture.

  • NAIC Annual Statement is defined in Section 6.2(a).