Invoicing and Payment Due Date. Within thirty (30) days after receipt of the Official Past Use Report referred to in Section 4.4(c)(2), Licensing Company shall send an invoice to Brand Owner for the royalties that have so accrued. Brand Owner shall pay to Licensing Company the sum stated to be due in each such invoice no later than forty-five (45) days from the date of the invoice. Notwithstanding anything to the contrary, during the twelve-month period after July 1, 2011, the following exceptions with respect to invoicing shall apply, provided that Brand Owner directs Licensing Company to adjust its royalties payable pursuant to Section 4.3:
Appears in 3 contracts
Samples: Past Use Agreement for Bd R and/or Bd Re Disc, Past Use Agreement, Past Use Agreement for Bd R and/or Bd Re Disc
Invoicing and Payment Due Date. Within thirty (30) days after receipt of the Official Past Use Report referred to in Section 4.4(c)(24.4(b)(2), Licensing Company shall send an invoice to Brand Owner for the royalties that have so accruedaccrued at the applicable Standard Rate. Brand Owner shall pay to Licensing Company the sum stated to be due in each such invoice no later than forty-five (45) days from the date of the invoice. Notwithstanding anything to the contrary, during the twelve-month period after July 1, 2011, the following exceptions with respect to invoicing shall apply, provided that Brand Owner directs Licensing Company to adjust its royalties payable pursuant to Section 4.3:.
Appears in 2 contracts
Samples: Past Use Agreement, Past Use Agreement
Invoicing and Payment Due Date. Within thirty (30) days after receipt of the Official Past Use Report referred to in Section 4.4(c)(24.4(b)(2), Licensing Company shall send an invoice to Brand Owner for the royalties that have so accrued. Brand Owner shall pay to Licensing Company the sum stated to be due in each such invoice no later than forty-five (45) days from the date of the invoice. Notwithstanding anything to the contrary, during the twelve-month period after July 1, 2011, the following exceptions with respect to invoicing shall apply, provided that Brand Owner directs Licensing Company to adjust its royalties payable pursuant to Section 4.3:.
Appears in 1 contract
Samples: Past Use Agreement
Invoicing and Payment Due Date. Within thirty (30) days after receipt of the Official Past Use Report referred to in Section 4.4(c)(2), Licensing Company shall send an invoice to Brand Owner for the royalties that have so accrued. Brand Owner shall pay to Licensing Company the sum stated to be due in each such invoice no later than forty-five (45) days from the date of the invoice. Notwithstanding anything to the contrary, during the twelve-month period after July 1, 2011, the following exceptions with respect to invoicing shall apply, provided that Brand Owner directs Licensing Company to adjust its royalties payable pursuant to Section 4.3:
Appears in 1 contract
Samples: Past Use Agreement
Invoicing and Payment Due Date. Within thirty (30) days after receipt of the Official Past Use Report referred to in Section 4.4(c)(24.4(b)(2), Licensing Company shall send an invoice to Brand Owner for the royalties at the applicable Standard Rate that have so accrued. Brand Owner shall pay to Licensing Company the sum stated to be due in each such invoice no later than forty-five (45) days from the date of the invoice. Notwithstanding anything to the contrary, during the twelve-month period after July 1, 2011, the following exceptions with respect to invoicing shall apply, provided that Brand Owner directs Licensing Company to adjust its royalties payable pursuant to Section 4.3:.
Appears in 1 contract
Samples: Past Use Agreement