Common use of Net Sales Statements Clause in Contracts

Net Sales Statements. Within forty-five (45) days after the end of each Fiscal Year with respect to Milestone 1, and each Fiscal Quarter with respect to Milestone 2, during the Milestone Period, Parent shall have compiled a Net Sales Statement for such Fiscal Year or Fiscal Quarter, as applicable. Parent shall keep each such Net Sales Statement in its books and records.

Appears in 3 contracts

Samples: Contingent Value Rights Agreement (Concert Pharmaceuticals, Inc.), Contingent Value Rights Agreement (Sun Pharmaceutical Industries LTD), Agreement and Plan of Merger (Concert Pharmaceuticals, Inc.)

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Net Sales Statements. Within forty-five (45) days after the end of each Fiscal Year with respect to Milestone 1, and each Fiscal Quarter with respect to Milestone 2, during the 2024 Annual Net Sales Milestone Period and the 2025 Annual Net Sales Milestone Period, Parent shall have compiled compile a Net Sales Statement for each such Fiscal Year or Fiscal Quarter, as applicable. Parent shall keep each such Net Sales Statement in its books and records.

Appears in 2 contracts

Samples: Contingent Value Rights Agreement (Assertio Holdings, Inc.), Agreement and Plan of Merger (Spectrum Pharmaceuticals Inc)

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