Payment Schedule and Royalty Reporting Sample Clauses

Payment Schedule and Royalty Reporting. Within forty-five (45) days after the end of each Quarter during the term of this License Agreement, Licensee shall submit to Licensing Company (even in the event that no Shipments of Licensed Product have been made) a Royalty Reporting Form signed by a duly authorized officer on behalf of Licensee, setting forth with respect to the preceding Quarterly period: (a) the total quantities of Licensed Products Shipped by and for Licensee and its Licensee Affiliates, specified per the functionality of the BD-Capable Drive (if any) sufficient to determine the specific Standard Rate that is applicable to the Licensed Product, and further specified by: (i) in the case of a Shipments due to a physical transfer, the country in which the Shipments originated; (ii) in the case of a Shipment due to a physical transfer, the country of destination of the Shipment; (iii) to the extent known to Licensee and the applicable Licensee Affiliate, the country in which the Licensed Products will ultimately be sold to end- users or, in the case of a Shipment due to an activation of Trial/Disabled Software, the country in which the Licensed Products were ultimately sold to end-users; (iv) in the case of a Shipment due to a transfer of title (without physical transfer), the country of the location of the Licensed Products at the time of Shipment; and (v) in the case of a Shipment due to an activation or enabling of Trial/Disabled Software, to the extent known to Licensee, the country in which the Trial/Disabled Software was developed. (b) a computation of the royalties due under this License Agreement prior to the royalty offsetting of Section 5.2.
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Payment Schedule and Royalty Reporting. Within thirty (30) days after the end of each Quarter during the term of this License Agreement, Licensee shall submit to Licensing Company (even in the event that no royalties are due) a Royalty Reporting Form signed by a duly authorized officer on behalf of Licensee, setting forth with respect to the preceding Quarterly period and with respect to all Licensed Product for which a royalty must be paid to Licensing Company: (a) the type of Licensed Product (by way of example, a description sufficient to determine whether a Licensed Product is capable of any BD Recording Functions and a BD Only Plug-in); (b) the quantity of Licensed Product by type; (c) the brand name under which the Licensed Product was sold to end-users (if available); (d) to the extent known to Licensee or a Licensee Affiliate, the country where the majority of the code for the relevant BD Software was primarily developed and, to the extent such information is not known, the country from which the Licensed Product was first transferred by Licensee or a Licensee Affiliate to a non-Affiliated entity; (e) to the extent known to Licensee or a Licensee Affiliate, the country in which the Licensed Products was or will ultimately be Sold to end-users and, to the extent such information is not known, the country to which the Licensed Product was first transferred by Licensee or a Licensee Affiliate to a non-Affiliated entity; (f) the quantities of Licensed Products, by type, associated with each country identified in connection with subsections (d) through (f); and (g) a computation of the royalties due under this License Agreement prior to the royalty offsetting of Section 5.2.
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Payment Schedule and Royalty Reporting. Within thirty (30) days after the end of each Quarter during the term of this License Agreement, Licensee shall submit to Licensing Company (even in the event that no Shipments of Licensed Product have been made) a Royalty Reporting Form signed by a duly authorized officer on behalf of Licensee, setting forth with respect to the preceding Quarterly period: (a) the total quantities of Licensed Products Shipped by and for Licensee and its Licensee Affiliates, and further specified by: (i) the brand name under which the Licensed Product will be sold to end- users (if available); (ii) in the case of a Shipment due to a physical transfer, the country in which the Shipment originates; (iii) in the case of a Shipment due to a physical transfer, the country of destination of the Shipment; (iv) to the extent known to Licensee, the country in which the Licensed Product will ultimately be sold to end-users; and (v) in the case of a Shipment due to a transfer of title (without physical transfer), the country of the location of the Licensed Product at the time of Shipment; and (b) a computation of the royalties due under this License Agreement prior to the royalty offsetting of Section 5.2.
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Related to Payment Schedule and Royalty Reporting

  • PROGRESS AND ROYALTY REPORTS 8.1 For the period beginning [date] LICENSEE will submit to REGENTS a semi-annual progress report covering LICENSEE's activities related to the development and testing of all LICENSED PRODUCTS, LICENSED SERVICES and LICENSED METHOD and the obtaining of necessary governmental approvals, if any, for marketing in the United States. These progress reports will be made for all development activities until the first SALE occurs in the United States. 8.2 Each progress report will be a sufficiently detailed summary of activities of LICENSEE and any SUBLICENSEES so that REGENTS may evaluate and determine LICENSEE’s progress in development of LICENSED PRODUCTS, LICENSED SERVICES, and LICENSED METHOD, and in meeting its diligence obligations under Article 7, and will include (but not be limited to) the following: summary of work completed and in progress; current schedule of anticipated events and milestones, including diligence milestones under Paragraph 7.2; anticipated market introduction dates for the LICENSED TERRITORIES; and SUBLICENSEE’s activities during the reporting period. 8.3 LICENSEE also will report to REGENTS in its immediately subsequent progress and royalty reports, the date of first SALE. 8.4 After the first SALE anywhere in the world, LICENSEE will make quarterly royalty reports to REGENTS within sixty (60) days after the quarters ending March 31, June 30, September 30, and December 31, of each year. Each such royalty report will be substantially similar to APPENDIX A and include at least the following: (a) The number of LICENSED PRODUCTS manufactured and the number SOLD; (b) Gross revenue from SALE of LICENSED PRODUCTS, LICENSED SERVICES and LICENSED METHOD; (c) NET SALES pursuant to Paragraph 2.5; (d) Total royalties due REGENTS; and (e) Names and addresses of any new SUBLICENSEES along with a summary of the material terms of each new SUBLICENSE AGREEMENT entered into during the reporting quarter. 8.5 If no SALEs have occurred during the report period, a statement to this effect is required in the royalty report for that period.

  • Royalty Report The term “Royalty Report” shall have the meaning ascribed to such term as provided in Section 4.4.6.

  • Royalty Reports Licensee shall submit to Cornell a Royalty Report annually on or before October 1st for the sales of Licensed Variety during the prior 12 month period beginning October 1st and ending on September 30th of that year. Licensee may use the Royalty Report provided in Exhibit A.

  • License Fees and Royalties Consistent with the applicable U.S. DOT Common Rules, the Recipient agrees that license fees and royalties for patents, patent applications, and inventions produced with federal assistance provided through the Underlying Agreement are program income, and must be used in compliance with federal applicable requirements.

  • Sales Reports On or before the twentieth (20th) day of each calendar month after the First Month, Tenant shall submit to City a report (the “Sales Report”) showing all Gross Revenues achieved with respect to the prior month by location, segregated by each source or general type of article sold or service rendered. Such report shall be certified as being true and correct by Tenant and shall otherwise be in form and substance satisfactory to Director. As described below, City shall have the right, in addition to all other rights herein, to impose a fine in the event Tenant shall fail to submit such Sales Report timely.

  • Contract Quarterly Sales Reports The Contractor shall submit complete Quarterly Sales Reports to the Department’s Contract Manager within 30 calendar days after the close of each State fiscal quarter (the State’s fiscal quarters close on September 30, December 31, March 31, and June 30). Reports must be submitted in MS Excel using the DMS Quarterly Sales Report Format, which can be accessed at xxxxx://xxx.xxx.xxxxxxxxx.xxx/business_operations/ state_purchasing/vendor_resources/quarterly_sales_report_format. Initiation and submission of the most recent version of the Quarterly Sales Report posted on the DMS website is the responsibility of the Contractor without prompting or notification from the Department’s Contract Manager. If no orders are received during the quarter, the Contractor must email the DMS Contract Manager confirming there was no activity.

  • Payments and Royalties 3.1 As an initial non-refundable payment for the licenses and rights herein granted to SHENZHEN HIGH POWER under this Agreement, SHENZHEN HIGH POWER shall pay to OBC the up-front fees, without subtraction or deduction of Chinese withholding taxes, if any, pursuant to the schedule set forth in Appendix II attached hereto. 3.2 In addition to the lump sum payment under Article 3.1 above, SHENZHEN HIGH POWER shall pay to OBC non-refundable running royalties, also pursuant to the schedule set forth in Appendix II hereto, of the Net Selling Price of the Licensed Consumer Hydride Batteries sold or Otherwise Disposed Of by SHENZHEN HIGH POWER and its Affiliates (either directly or through sales representatives or agents) in any country of the world during the period commencing on the Effective Date of this Agreement and ending upon the expiration of the last to expire of the Licensed Patents. 3.3 Notwithstanding that a Licensed Consumer Hydride Battery may be covered by (i) the claims of one or more of the Licensed Patents or (ii) the claims of one or more of the Licensed Patents in one or more countries throughout the world, SHENZHEN HIGH POWER, in connection with the manufacture or sale of the Licensed Consumer Hydride Batteries by SHENZHEN HIGH POWER, its successors or assigns shall be obliged to pay a single royalty hereunder and only on the first sale of such Licensed Consumer Hydride Batteries and not on any subsequent sale or resale thereof and all end-users, distributors, customers, dealers, or suppliers of SHENZHEN HIGH POWER, its successors or assigns of such Licensed Consumer Hydride Batteries shall be licensed to use and/or sell the same. 3.4 All statements submitted and all payments made pursuant to Article 3.1 and Article 3.2 herein shall be stated and made in U.S. legal tender at the selling rate of authorized foreign exchange bankers in various individual countries under the license for transfers to New York in U.S. dollars on the date on which payments are made as required hereunder.

  • Royalty Payments (1) Royalties shall accrue when Licensed Products are invoiced, or if not invoiced, when delivered to a third party or Affiliate. (2) LICENSEE shall pay earned royalties quarterly on or before February 28, May 31, August 31 and November 30 of each calendar year. Each such payment shall be for earned royalties accrued within LICENSEE’s most recently completed calendar quarter. (3) Royalties earned on sales occurring or under sublicense granted pursuant to this Agreement in any country outside the United States shall not be reduced by LICENSEE for any taxes, fees, or other charges imposed by the government of such country on the payment of royalty income, except that all payments made by LICENSEE in fulfillment of UNIVERSITY’s tax liability in any particular country may be credited against earned royalties or fees due UNIVERSITY for that country. LICENSEE shall pay all bank charges resulting from the transfer of such royalty payments. (4) If at any time legal restrictions prevent the prompt remittance of part or all royalties by LICENSEE with respect to any country where a Licensed Product is sold or a sublicense is granted pursuant to this Agreement, LICENSEE shall convert the amount owed to UNIVERSITY into US currency and shall pay UNIVERSITY directly from its US sources of fund for as long as the legal restrictions apply. (5) LICENSEE shall not collect royalties from, or cause to be paid on Licensed Products sold to the account of the US Government or any agency thereof as provided for in the license to the US Government. (6) In the event that any patent or patent claim within Patent Rights is held invalid in a final decision by a patent office from which no appeal or additional patent prosecution has been or can be taken, or by a court of competent jurisdiction and last resort and from which no appeal has or can be taken, all obligation to pay royalties based solely on that patent or claim or any claim patentably indistinct therefrom shall cease as of the date of such final decision. LICENSEE shall not, however, be relieved from paying any royalties that accrued before the date of such final decision, that are based on another patent or claim not involved in such final decision, or that are based on the use of Technology.

  • Royalty Reports and Payments After the first sale of a Product on which royalties are payable by a Party hereunder, such Party shall make quarterly written reports to the other Party within sixty (60) days after the end of each calendar quarter, stating in each such report, separately the number, description, and aggregate Net Sales, by territory, of each such Product sold during the calendar quarter upon which a royalty is payable under Section 6.3 or Section 6.4 above, as applicable. Concurrently with the making of such reports, such Party shall pay to the other Party royalties due at the rates specified in Section 6.3 or Section 6.4 above, as applicable.

  • CONTRACT SALES REPORTING Contractor shall report total contract sales quarterly to Enterprise Services, as set forth below.

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