Common use of Payment Schedule and Royalty Reporting Clause in Contracts

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.

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 UHD Playback Software or UHD Combi Software, and whether or not it is a BD UHD Only Plug-inin or is Bundled UHD Software); (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 UHD 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.

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 UHD Playback Software or UHD Combi Software, and whether or not it is a BD UHD Only Plug-inin or is Bundled UHD Software); (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 UHD 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.. Reference Copy