Payment Dates and Reports. Within sixty (60) days after the end of each calendar quarter of each year during the term of this Agreement (including the last day of any calendar quarter following the expiration of this Agreement), Licensee shall pay to Northwestern, all royalties accruing during such calendar quarter. Such payments shall be accompanied by a statement showing the Net Sales of each Licensed Product by Licensee and its sublicensees in each country, the applicable royalty rate and the calculation of the amount of royalty due.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Immtech International Inc), License Agreement (Immtech International Inc)
Payment Dates and Reports. Within sixty (60) days [***] after the end of each calendar quarter of each year during the term Term of this Agreement (including the last day of any calendar quarter following the expiration of this Agreement), Licensee shall pay to Northwestern, all fees and royalties accruing during such calendar quarter. Such Any payments of royalties shall be accompanied by a statement showing the Net Sales of each Licensed Product by Licensee and its sublicensees Sublicensees in each country, the applicable royalty rate and the calculation of the amount of royalty due.
Appears in 2 contracts
Samples: License Agreement (Oncorus, Inc.), License Agreement (Oncorus, Inc.)
