Payments and Royalty Reports Sample Clauses

Payments and Royalty Reports. Hxxxxx shall make royalty payments to ISI in accordance with Section 3 above on a quarterly basis. Within [*] days after the end of each calendar quarter during the Term, after commercial sales of Hxxxxx Royalty Products has commenced, Hxxxxx shall deliver to ISI a written report setting forth the total number of units of the Hxxxxx Royalty Products sold or otherwise commercially disposed (or, if appropriate, indicating that no Hxxxxx Royalty Product was sold during such calendar quarter) and a calculation of the royalties owed to ISI hereunder for the applicable quarterly period. If no royalties are due hereunder in any calendar quarter, Hxxxxx shall so indicate in its written report. Hxxxxx shall accompany such written report with an appropriate payment of royalty due for such quarterly period.
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Payments and Royalty Reports. 3.1 The payment made to Licensor for royalties earned during any Reporting Period ("Licensor's Royalty") shall be the sum of the Certified Applications Royalty and the Embedded Applications Royalty, if any, less any current or past amounts due Motorola under Section 7 of the Agreement and/or Section 17 of the Agreement. No payments shall be due to Licensor for Motorola's installation and/or internal use of the Applications during testing, trials, pilot launches, or other non-revenue generating tests or evaluation, or for Motorola's public demonstrations of the Certified Applications to current or prospective Motorola Customers and/or at trade shows, seminars, conferences, or wireless or electronic industry events. Licensor's Royalty shall be paid to Licensor within forty-five (45) calendar days of the end of any particular Reporting Period for royalties earned during the particular Reporting Period. If there is a disagreement relating to Licensor's Royalty, such disagreement will be resolved mutually in accordance with Section 19 of the Agreement.
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Payments and Royalty Reports. Within [***] following the end of each Quarter commencing with the initial Quarter following the First Commercial Sale of a Product, Xxx will furnish to Xxxxxxxx a reasonably detailed report (“Royalty Reports”) showing the following information, on a country-by-country and Product-by-Product basis: (A) the gross invoiced amount for each Product during the reporting period sold by Ono or its Affiliates or Sublicensees to the first unrelated Third Party; (B) the deductions taken in calculating Net Sales for each Product during such reporting period and the Net Sales for each such Product; (C) the exchange rates used, if any, in determining the amount due or performing any necessary currency conversion; (D) the Royalties payable with respect to such Net Sales; and (E) any withholding taxes required by Applicable Laws to be paid from such Royalties. Xxxxxxxx will issue an invoice for Royalties upon receipt of such Royalty Report, and Xxx will pay to Xxxxxxxx the Royalties due under this Section 7.2 within [***] following its receipt of such invoice issued by Xxxxxxxx and the taxation documents specified in Section 7.3.
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Related to Payments and Royalty Reports

  • Royalty Reports After the first commercial sale of a Licensed Product anywhere in the world, LICENSEE shall submit to UNIVERSITY quarterly royalty reports on or before each February 28, May 31, August 31 and November 30 of each year. Each royalty report shall cover LICENSEE’s (and each Affiliate’s and Sublicensee’s) most recently completed calendar quarter and shall show:

  • Royalty Payments and Reports Payments for Coal mined and sold hereunder shall be made on a timely basis, when due and without demand by COLT, on or before the twentieth (20th) day of each month (“Payment Deadline”) for all Coal mined or produced from the Premises, shipped and sold, or used, together with all Foreign Coal transported and sold by Lessee or its Affiliates, or assigns during the preceding month as to Coal, as evidenced by a report or reports furnished by Lessee to COLT tendered contemporaneously with payment. Payments shall be made by check or wire transfer. If by check, payment shall be made to the following address: 000 Xxxxxx Xxxx Drive Beckley, WV 25801 If by wire transfer, payment shall be to the following address: Bank: Huntington Bank ABA: 000000000 Credit To: Colt LLC Account #: 01221137324 Copies of the reports required in this section 14 and evidence of the wire transfer or check shall be forwarded by mail or fax to: Colt LLC 0000 XXX Xxxx., Xxxxx 000 Xxxx Xxxxx Xxxxxxx, XX 00000 The addresses for payment by check or wire transfer and/or for submitting reports may be amended from time to time by COLT upon notice to Lessee. Not later than the Payment Deadline, Lessee shall report to COLT showing the actual amount for each and every mining method of Coal mined, processed, stockpiled, loaded, shipped, and sold from the Premises by Lessee and/or its Affiliates or contractors during the preceding month and shall also include individual sales of Coal by Lessee, the customers to which Coal was sold, the Gross Sales Prices of Coal for each sale, itemization of allowable deductions for each sale, calculations of Actual Production Royalty due COLT for each sale and for the preceding month, and the location, by Quarter-Quarter Section, Township, and Range, of the lands of COLT from which such Coal was mined. Such report or reports shall be made either on a form or forms of COLT supplied to Lessee or on a form or forms of Lessee that are approved by COLT. Each report shall be certified to be true, accurate, and correct by Lessee and shall be to the satisfaction of COLT. In any event, all of the aforementioned items shall be made available to COLT by Lessee, at all times upon COLT’s request, for any month during the term of this Lease. Such reports shall, at COLT’s request, be accompanied by copies of invoices, purchase orders, sales receipts, bills of lading, truck weight tickets, railroad weight tickets, barge weight tickets, statements of transportation, washing and handling charges, and other forms of verification as may be deemed necessary by COLT.

  • 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.

  • Royalty Report The term “Royalty Report” shall have the meaning ascribed to such term as provided in Section 5.4.

  • Royalty Payments (i) Royalties shall accrue when Licensed Products are invoiced, or if not invoiced, when delivered to a third party or Affiliate.

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