Common use of Payment Dates and Statements Clause in Contracts

Payment Dates and Statements. Within forty-five (45) days of the end of each calendar quarter in which Net Sales occur, Perkxx-Xxxxx xxxl calculate the royalty amount owed to Epoch under this Section 4 and will remit such amount to Epoch. Such payment will be accompanied by a statement showing the calculation of the amount owed for Licensed Products, including the Net Sales of Licensed Products for that quarter (including the gross invoiced sales and permissible deductions therefrom), and the exchange rate (as determined pursuant to Section 4.06) used to directly convert any royalty amounts into U.S. Dollars.

Payment Dates and Statements. Within forty-five (45) days of the end of each calendar quarter in which Net Sales occur, Perkxx-Xxxxx xxxl calculate the royalty amount owed to Epoch under this Section 4 and will remit such amount to Epoch. Such payment will be accompanied by a statement showing the calculation of the amount owed for Licensed Products, including the number of Discovery Orders, Small Orders, Medium Orders and Large Orders, the Net Sales of Licensed Products for that quarter (including the gross invoiced sales and permissible deductions therefrom), and the exchange rate (as determined pursuant to Section 4.06) used to directly convert any royalty amounts into U.S. Dollars.

Payment Dates and Statements. Within forty-five ninety (4590) days of the end of each calendar quarter in which Net Sales occur, Perkxx-Xxxxx xxxl RMS shall calculate the royalty amount Royalties owed to Epoch BEBIG under this Section 4 and will shall remit such to BEBIG the amount owed to EpochBEBIG. Such payment will shall be accompanied by a statement showing the calculation of the amount owed for Licensed Products, including the Net Sales of Licensed Products for that quarter (including the gross invoiced sales and permissible deductions therefrom), and the exchange rate (as determined pursuant to Section 4.064.6) used to directly convert any royalty amounts into U.S. Dollars.