Common use of Audited Report Clause in Contracts

Audited Report. BioLine shall furnish Licensor, and shall cause anyone acting on its behalf, its Affiliates or Sublicensees who make, use, market or sell Licensed Products to furnish Licensor, within 90 days after the end of each calendar year, commencing at the end of the calendar year of the First Commercial Sale, with a report, certified by an independent certified public accountant, relating to royalties and other payments due to Licensor pursuant to this Agreement in respect of the previous calendar year and containing the same details as those specified in Section 7.1.2 in respect of the previous calendar year.

Audited Report. BioLine shall furnish LicensorLicensors, and shall cause anyone acting on its behalf, its Affiliates or Sublicensees who make, use, market or sell Licensed Products to furnish LicensorLicensors, within 90 ninety (90) days after the end of each calendar year, commencing at the end of the calendar year of the First Commercial Salefirst sale of a Licensed Product, with a report, certified by an independent certified public accountant, relating to royalties and other payments due to Licensor Licensors pursuant to this Agreement in respect of to the previous calendar year and containing the same details as those specified in Section 7.1.2 Sections 8.1 and 8.2 in respect of to the previous calendar year.

Audited Report. BioLine shall furnish Licensor, and shall cause anyone acting on its behalf, its Affiliates or Sublicensees who make, use, market or sell Licensed Products to furnish Licensor, within 90 ninety (90) days after the end of each calendar year, commencing at the end of the calendar year of the First Commercial Sale, with a report, certified by an independent certified public accountant, relating to royalties and other payments due to Licensor pursuant to this Agreement in respect of to the previous calendar year and containing the same details as those specified in Section 7.1.2 7.1 in respect of to the previous calendar year.