Duration of Audit Rights. The failure of SYNTA to request verification of any royalty calculation within the period during which the corresponding records must be maintained under Section 7.9.1 will be deemed acceptance of the royalty payments and reports.
Appears in 2 contracts
Samples: Collaboration and License Agreement (Synta Pharmaceuticals Corp), Collaboration and License Agreement (Synta Pharmaceuticals Corp)
Duration of Audit Rights. The failure of SYNTA PTC to request verification of any royalty calculation within the period during which the corresponding records must be maintained under Section 7.9.1 this Article 14 will be deemed to be acceptance of the royalty payments and reports.
Appears in 2 contracts
Samples: License and Collaboration Agreement (PTC Therapeutics, Inc.), License and Collaboration Agreement (PTC Therapeutics, Inc.)
