Discrepancy. If the examination referred to in clause 6.2 reveals an underpayment or outstanding amounts owed to the Licensor in a Reporting Period: (a) the Licensee must promptly pay the Licensor the outstanding amount; and (b) of 7% or more of Fees due in the Reporting Period, the Licensee must pay the Licensor the Licensor's reasonable costs for performing the examination.
Appears in 3 contracts
Samples: Licensing Agreement, Licence Agreement (Exclusive Commercialisation), Licence Agreement
Discrepancy.
(a) If the examination referred to in clause 6.2 reveals an underpayment or outstanding amounts owed to the Licensor in a Reporting Period:
(ai) the Licensee must promptly pay the Licensor the outstanding amount; and
(bii) of 7% or more of Fees due in the Reporting Period, the Licensee must pay the Licensor the Licensor's reasonable costs for performing the examination.
Appears in 3 contracts
Samples: Licence Agreement (Non Exclusive Commercialisation), Licensing Agreement, Licence Agreement
Discrepancy. If the examination referred to in clause 6.2 reveals an underpayment or outstanding amounts owed to the Licensor in a Reporting Period:
(a) : the Licensee must promptly pay the Licensor the outstanding amount; and
(b) and of 7% or more of Fees due in the Reporting Period, the Licensee must pay the Licensor the Licensor's reasonable costs for performing the examination.
Appears in 2 contracts
Samples: Licence Agreement (Non Exclusive Commercialisation), Licence Agreement
Discrepancy. (a) If the examination referred to in clause 6.2 reveals an underpayment or outstanding amounts owed to the Licensor in a Reporting Period:
(ai) the Licensee must promptly pay the Licensor the outstanding amount; and
(bii) of 7% or more of Fees due in the Reporting Period, the Licensee must pay the Licensor the Licensor's reasonable costs for performing the examination.
Appears in 1 contract
Samples: Licence Agreement (Non Exclusive Commercialisation)