Common use of BOOKS, RECORDS AND RIGHT OF AUDIT Clause in Contracts

BOOKS, RECORDS AND RIGHT OF AUDIT. 8.1 CERES shall keep and shall cause any SUBLICENSEE to keep accurate records of all production and sales of COMMERCIAL PROPAGULES of the LICENSED VARIETY in each country of the TERRITORY where such sales are made. These records will include, at least, the number of acres of LICENSED VARIETY COMMERCIAL PROPAGULES under production, the physical location of the LICENSED VARIETY production field owned or controlled by CERES, any AFFILIATED COMPANY or any SUBLICENSEE, the total amount of LICENSED VARIETY COMMERCIAL PROPAGULES produced, the total amount of LICENSED VARIETY COMMERCIAL PROPAGULES sold and all invoices or shipping documents relating to such sales.

Appears in 6 contracts

Samples: Collaboration Agreement (Ceres, Inc.), Collaboration Agreement (Ceres, Inc.), Collaboration Agreement (Ceres, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.