Licensed Product Reports Clause Samples

Licensed Product Reports. Company will account for Licensed Products in inventory on a monthly basis. Licensed Products in inventory include Licensed Products at all Company facilities. Company will make this accounting available to MS upon request. The Licensed Product accounting will reconcile beginning and ending Licensed Product inventory. It will also include: i. Licensed Product and APM acquisitions from ARs and MS Affiliates. ii. COA serial number ranges on the Runtime License envelopes with corresponding shipment dates. iii. OEM Parties’ returns. iv. COAs, Licensed Product and APM that cannot be distributed for any reason. v. Licensed Product shipped as replacement units.