Common use of Payment Dates and Reports Clause in Contracts

Payment Dates and Reports. Unless otherwise specified in other Sections of this Agreement, Licensee shall pay to Northwestern, all fees and royalties accruing during such calendar quarter 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). Such payments shall be accompanied by x 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 1 contract

Samples: License Agreement

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Payment Dates and Reports. Unless otherwise specified in other Sections of this Agreement, Licensee shall pay to Northwestern, all fees and royalties accruing during such calendar quarter within Within sixty (60) days after the end of each calendar quarter of each year during the term of this Agreement (including and within sixty (60) days after the last day end of any the first calendar quarter which ends following the expiration of this Agreement), Licensee shall pay to Northwestern all amounts which have become due and payable during such calendar quarter. Such payments shall be accompanied by x a statement showing the Net Sales of each Licensed Product by Licensee and its sublicensees Affiliates in each country, the applicable royalty rate and the calculation of the amount of royalty due, as well as all amounts of Sublicensing Revenue received and a calculation of Northwestern’s share thereof.

Appears in 1 contract

Samples: License Agreement (Catalyst Pharmaceutical Partners, Inc.)

Payment Dates and Reports. Unless otherwise specified in other Sections of this Agreement, Licensee shall pay to Northwestern, all fees and royalties accruing during such calendar quarter 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). Such payments shall be accompanied by x 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 1 contract

Samples: License Agreement

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Payment Dates and Reports. Unless otherwise specified in other Sections of this Agreement, Licensee shall pay to Northwestern, Northwestern all fees and royalties accruing during such calendar quarter 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). Such payments shall be accompanied by x 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 1 contract

Samples: License Agreement

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