Accounting; Payment Method Sample Clauses

Accounting; Payment Method. 6.10.1. Licensee will, not later than the fifteenth (15th) day following each calendar month during the Term of this Agreement and any extension thereof, and thereafter so long as any revenue or sales are generated or otherwise made by Licensee, furnish to HBS a full, complete and accurate statement itemized by Revenue Generation Method, under Section 6.1 and each Exhibit D, showing, for each country in the Territory: (i) the number, description, prices at which the Game is Exploited, (ii) Retail Sales, (iii) Gross Sales, (iv) the quantity and monetary value of the Online Virtual Game Cards, Game Cards issued, (v) Online Revenue of the Game, (vi) Localized Games manufactured, distributed, shipped, and/or sold by Licensee, and (vii) Royalties generated for the preceding month (each a Rev. 12/7/2006 CONFIDENTIAL “Monthly Statement”). Licensee will also include a statement of any returns made and copies of all related invoices. All such statements will be furnished whether or not any payments have been made to Licensee in the said preceding month and will be certified to be accurate by an officer of Licensee. Unless payable earlier pursuant to Section 6.8.2 or Exhibit D, Licensee shall, with the submission of each Monthly Statement pay all Royalties payable to HBS as shown thereon. In addition to the foregoing, Licensee shall provide, no later than twenty-five (25) days following the end of each Quarter, a full, complete statement certified to be accurate by an officer of Licensee, summarizing each Monthly Statement issued for such Quarter (each a “Quarterly Statement”), regardless of whether any Royalties are payable during such Quarter. In addition to the information provided in each Monthly Statement, each Quarterly Statement shall include a statement of Royalties generated during the applicable calendar quarter which have not otherwise been paid to HBS by Licensee. Licensee shall pay such Royalties to HBS with the submission of the applicable Quarterly Statement. 6.10.2. Licensee shall pay to HBS the License Pee and Minimum Guarantee in accordance with the terms in Sections 6.2.1 and 6.