Common use of Content of Reports Clause in Contracts

Content of Reports. Reports shall include at least the following on a Licensed Product-by-Licensed Product, country-by-country, and Sublicense-by-Sublicense basis: (a) The number/amount of Licensed Products, used, leased, sold, and imported by and/or for LICENSEE and each Sublicensee; and (b) Total amounts invoiced and total amounts received for Licensed Products used, leased, and sold by and/or for LICENSEE and all Sublicensees; and (c) Accounting for Net Sales of LICENSEE and each Sublicensee; and (d) A copy of each statement or report submitted to LICENSEE by a Sublicensee, provided that such statement or report has not previously been provided by LICENSEE to UTRF; and (e) Total amount due under this Agreement (including, without limitation, the manner in which all royalties were calculated and a breakdown for each type of royalties listed in Article 5 and their respective amounts payable); and (f) The current status of any regulatory activities pertaining to Licensed Products; (g) The name, address, and phone number of each Sublicensee and the Licensed Patents licensed to each Sublicensee (including the named inventors of each of the Licensed Patents being sublicensed) as of the last date of the reporting period; and (h) Upon reasonable request by UTRF, any other information that is necessary for the purpose of showing the amounts payable to UTRF hereunder and/or the compliance by LICENSEE with the diligence provisions of Article 4.1 and/or the achievement of Diligence Milestones under Article 4.2. (i) If no payment shall be due, LICENSEE shall so report.

Content of Reports. Reports shall include at least the following on a Licensed Product-by-Licensed Product, country-by-country, and Sublicense-by-Sublicense basis: (a) A summary of LICENSEE’s activities during such quarter to develop and commercialize Licensed Products; (b) The number/amount of Licensed Products, used, leased, sold, and imported by and/or for LICENSEE and each Sublicensee; and; (bc) Total amounts invoiced and total amounts received for Licensed Products used, leased, and sold by and/or for LICENSEE and all Sublicensees; and; (cd) Accounting for Net Sales of LICENSEE and each Sublicensee; and; (de) A copy of each royalty statement or report submitted to LICENSEE by a Sublicensee, provided that such statement or report has not previously been provided by LICENSEE to UTRF; and; (ef) Total amount due under this Agreement (including, without limitation, the manner in which all royalties were calculated and a breakdown for each type of royalties listed in Article 5 and their respective amounts payable); and; (fg) The current status of any regulatory activities pertaining to Licensed Products; (gh) The name, address, and phone number of each Sublicensee and the Licensed Patents licensed to each Sublicensee (including the named inventors of each of the Licensed Patents being sublicensed) as of the last date of the reporting period; and (hi) Upon reasonable request by UTRF, any other information that is necessary for the purpose of showing the amounts payable to UTRF hereunder and/or the compliance by LICENSEE with the diligence provisions of Article 4.1 and/or the achievement of Diligence Milestones under Article 4.2. (ij) If no payment shall be due, LICENSEE shall so report.

Content of Reports. Reports shall include at least the following on a Licensed Product-by-Licensed Product, country-by-country, and Sublicense-by-Sublicense basis: (a) The number/amount of Licensed Products, used, leased, sold, and imported by and/or for LICENSEE Licensee and each Sublicensee; and (b) Total amounts invoiced and total amounts received for Licensed Products used, leased, and sold by and/or for LICENSEE Licensee and all Sublicensees; and (c) Accounting for Net Sales of LICENSEE Licensee and each Sublicensee; and (d) A copy of each statement or report submitted to LICENSEE Licensee by a Sublicensee, ; provided that such statement or report has not previously been provided by LICENSEE Licensee to UTRF; and (e) Total amount due under this Agreement (including, without limitation, the manner in which all royalties were calculated and a breakdown for each type of royalties listed in Article 5 and their respective amounts payable); and (f) The current status of any regulatory activities pertaining to Licensed Products;; and (g) The name, address, and phone number of each Sublicensee and the Licensed Patents licensed to each Sublicensee (including the named inventors of each of the Licensed Patents being sublicensed) as of the last date of the reporting period; and (h) Upon reasonable request by UTRF, any other information that is necessary for the purpose of showing the amounts payable to UTRF hereunder and/or a summary report describing the compliance by LICENSEE Licensee with the diligence provisions of Article 4.1 and/or the achievement of Diligence Milestones under Article 4.2.4.1; and (i) If no payment shall be due, LICENSEE Licensee shall so report.