Quarterly Payment and Milestone Reports. On or before each Quarterly Payment Deadline, Licensee will deliver to Licensor a true and accurate report, certified by an officer of Licensee, giving such particulars of the business conducted by Licensee, its Affiliates and its Sublicensees (including copies of reports provided by Sublicensees and Affiliates to Licensee) during the preceding Contract Quarter under the Agreement as necessary for Licensor to account for Licensee’s payments, including royalties, hereunder, even if no payments are due. The reports shall continue to be delivered after the termination or expiration of the Agreement until such time as all Licensed Products permitted to be Sold after termination or expiration have been Sold or destroyed. The report shall include:
Quarterly Payment and Milestone Reports. On or before each Quarterly Payment Deadline, Licensee will deliver to Licensor a true and accurate report, certified by an officer of Licensee, giving such particulars of the business conducted by Licensee, its Affiliates and its Sublicensees (including copies of reports provided by Sublicensees and Affiliates to Licensee) during the preceding Contract Quarter under the Agreement as necessary for Licensor to account for Licensee’s payments hereunder, even if no payments are due. The reports shall continue to be delivered after the termination or expiration of the Agreement until such time as all Licensed Products permitted to be Sold after termination or expiration have been Sold or destroyed. Licensee shall provide information in sufficient detail to enable the royalties payable hereunder to be determined and to calculate all of the amounts payable under the Agreement. The report shall include: [**].
Quarterly Payment and Milestone Reports. From and after the First Commercial Sale, on or before each Quarterly Payment Deadline, Licensee will deliver to Licensor a true and accurate report, certified by an officer of Licensee, giving such particulars of the business conducted by Licensee and its Sublicensees (including copies of reports provided by Sublicensees to Licensee) during the preceding Contract Quarter under the Agreement as necessary for Licensor to account for Licensee’s payments, including royalties, hereunder, even if no payments are due. Notwithstanding the foregoing, Licensee shall not be required to include in any report information [***]. The report shall include:
Quarterly Payment and Milestone Reports. On or before each Quarterly Payment Deadline, Licensee will deliver to Licensor a true and accurate report, giving reasonable particulars of the business conducted by Licensee, its Affiliates and its Sublicensees during the preceding Contract Quarter under the Agreement as reasonably necessary for Licensor to account for Licensee’s payments, including royalties, hereunder, even if no payments are due. The reports shall continue to be delivered after the termination or expiration of the Agreement until such time as all Licensed Products permitted to be Sold after termination or expiration have been Sold or destroyed. The report shall be substantially similar to that attached in Exhibit B.
Quarterly Payment and Milestone Reports. Except in the case of payments under Sections 3.1, 3.8 and 3.9, all payments are due by the Quarterly Payment Deadline for the respective Contract Quarter during the term of the Agreement, at which time Licensee will also deliver to Licensor a true and accurate report, certified by the chief financial officer or similar officer of Licensee, giving such particulars of the business conducted by Licensee, its Affiliates and its Sublicensees, if any exist, during the preceding Contract Quarter under the Agreement as necessary for Licensor to account for Licensee’s payments hereunder. This report will include the information called for in Exhibit A-1 to the extent applicable. Simultaneously with the delivery of each such report, Licensee agrees to pay Licensor the amount due, if any, for the period of such report. These reports are required even if no payments are due. Notwithstanding the foregoing, if Licensee does not receive payment and a report from a Sublicensee sufficient to enable Licensee to meet its obligations under the foregoing, at least ten (10) business days in advance of the date on which payment and the report is due to Licensor in accordance with the foregoing, then Licensee shall still submit the report as scheduled with whatever information is available, together with a description of the Sublicensee’s delay failure. This report will affirmatively state whether or not each particular form of license consideration (e.g., Milestone Fees, running royalties, minimum royalties, scheduled license fees, annual maintenance fees, Sublicense Fees, or assignment fee) was earned in such period and, if so, the method of calculation. This report will be prepared and delivered in a form as is reasonably appropriate and acceptable to Licensor, which shall include the information described in Exhibit A-2 to the extent relevant, plus other information reasonably requested by Licensor from time to time. Licensee will continue to deliver quarterly reports to Licensor after the termination or expiration of the Agreement until such time as all Licensed Products permitted to be Sold after termination have been Sold or destroyed. Annual Written Report Within forty-five (45) days following the end of each Contract Year, whether or not there have been Sales of Licensed Products or Licensed Services, Licensee will deliver to Licensor a true and accurate written progress report, certified by the chief operating officer or similar officer of Licensee, that summarizes (i)...
Quarterly Payment and Milestone Reports. Licensee will deliver to Licensor a true and accurate report and an earned royalty payment within 30 days after the end of each Quarterly Payment Deadline certified by an officer of the Company. This report will be in the form of Exhibit B and will state the number, description, and aggregate Net Sales of Licensed Product during the completed calendar quarter. The report will include an overview of the process and documents relied upon to permit Licensor to understand how the earned royalties are calculated. The reports shall continue to be delivered after the termination or expiration of the Agreement, until all Licensed Products permitted to be sold after termination or expiration have been sold or destroyed.
Quarterly Payment and Milestone Reports. Except in the case of payments under Sections 3.1, 3.8 and 3.9, all payments are due by the Quarterly Payment Deadline for the respective Contract Quarter during the term of the Agreement, at which time Licensee will also deliver to Licensor a true and accurate report, certified by the chief financial officer or similar officer of Licensee, giving such particulars of the business conducted by Licensee, its Affiliates and its Sublicensees, if any exist, during the preceding Contract Quarter under the Agreement as necessary for Licensor to account for Licensee’s payments hereunder. This report will include the information called for in Exhibit A-1 to the extent applicable. Simultaneously with the delivery of each such report, Licensee agrees to pay Licensor the amount due, if any, for the period of such report. These reports are required even if no payments are due. Notwithstanding the foregoing, if Licensee does not receive payment and a report from a Sublicensee sufficient to enable Licensee to meet its obligations under the foregoing, at least ten
Quarterly Payment and Milestone Reports. On or before each Quarterly Payment Deadline, the Company will deliver to NSRG’s Representative a true and accurate report, certified by an officer of the Company, giving such particulars of the business conducted by the Company, its Affiliates and its licensees and licensees (including copies of reports provided by licensees and licensees and Affiliates of the Company) during the preceding Contract Quarter as necessary for NSRG’s Representative to account for the Company’s payments hereunder, even if no payments are due (“Quarterly Report”). The Quarterly Report shall include:
