Common use of Quarterly Payments and Reports Clause in Contracts

Quarterly Payments and Reports. All royalties due under Section 8.3 shall be paid quarterly, on a country-by-country basis, within [*] of the end of the relevant quarter for which royalties are due. BMS shall provide to EPC within[*] after the end of each quarter a report that summarizes the Net Sales of a Product during such quarter, provided that to the extent additional information is reasonably required by EPC and/or EXEL to comply with its obligations to any of its licensors, the Parties shall work together in good faith to timely compile and produce such additional information. Such reports shall also include detailed information regarding the calculation of royalties due pursuant to Section 8.3, including allowable deductions in the calculation of Net Sales of each Product on which royalties are paid, and, to the extent Section 8.5 is applicable, the calculation of [*] and [*] of [*].

Appears in 2 contracts

Samples: Collaboration Agreement (Exelixis, Inc.), Collaboration Agreement (Exelixis Inc)

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Quarterly Payments and Reports. All royalties due under Section 8.3 9.6 shall be paid quarterly, on a country-by-country basis, within [*] of the end of the relevant quarter for which royalties are due. BMS shall provide to EPC withinwithin [*] after the end of each quarter a report that summarizes the Net Sales of a Royalty-Bearing Product during such quarter, provided that to the extent additional information is reasonably required by EPC and/or EXEL to comply with its obligations to any of its licensors, the Parties shall work together in good faith to timely compile and produce such additional information. Such reports shall also include detailed information regarding the calculation of royalties due pursuant to Section 8.39.6, including allowable deductions in the calculation of Net Sales of each Royalty-Bearing Product on which royalties are paid, and, to the extent Section 8.5 9.8 is applicable, the calculation of [*] sales and [*] market share (by volume) of [*]Generic Products.

Appears in 1 contract

Samples: Collaboration Agreement (Exelixis Inc)

Quarterly Payments and Reports. All royalties due under Section 8.3 7.3 shall be paid quarterly, on a country-by-country basis, within [*[ * ] of the end of the relevant quarter for which royalties are due. BMS shall provide to EPC within[*Exelixis within [ * ] after the end of each quarter a report that summarizes the Net Sales of a Product during such quarter, provided that to the extent additional information is reasonably required by EPC and/or EXEL Exelixis to comply with its obligations to any of its licensors, the Parties shall work together in good faith to timely compile and produce such additional information. Such reports shall also include detailed information regarding the calculation of royalties due pursuant to Section 8.37.3, including allowable deductions in the calculation of Net Sales of each Product on which royalties are paid, and, to the extent Section 8.5 7.5 is applicable, the calculation of [*[ * ] and [*[ * ] of [*[ * ].

Appears in 1 contract

Samples: License Agreement (Exelixis Inc)

Quarterly Payments and Reports. All royalties due under Section 8.3 7.3 shall be paid quarterly, on a country-by-country basis, within [*] of the end of the relevant quarter for which royalties are due. BMS shall provide to EPC withinwithin [*] after the end of each quarter a report that summarizes the Net Sales of a Product during such quarter, provided that to the extent additional information is reasonably required by EPC and/or EXEL to comply with its obligations to any of its licensors, the Parties shall work together in good faith to timely compile and produce such additional information. Such reports shall also include detailed information regarding the calculation of royalties due pursuant to Section 8.37.3, including allowable deductions in the calculation of Net Sales of each Product on which royalties are paid, and, to the extent Section 8.5 7.5 is applicable, the calculation of [*] and [*] of [*].

Appears in 1 contract

Samples: License Agreement (Exelixis Inc)

Quarterly Payments and Reports. All royalties due under Section 8.3 shall be paid quarterly, on a country-by-country basis, within [*[ * ] of the end of the relevant quarter for which royalties are due. BMS shall provide to EPC within[*Exelixis within [ * ] after the end of each quarter a report that summarizes the Net Sales of a Product during such quarter, provided that to the extent additional information is reasonably required by EPC and/or EXEL Exelixis to comply with its obligations to any of its licensors, the Parties shall work together in good faith to timely compile and produce such additional information. Such reports shall also include detailed information regarding the calculation of royalties due pursuant to Section 8.3, including allowable deductions in the calculation of Net Sales of each Product on which royalties are paid, and, to the extent Section 8.5 is applicable, the calculation of [*[ * ] and [*[ * ] of [*[ * ].

Appears in 1 contract

Samples: Collaboration Agreement (Exelixis Inc)

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Quarterly Payments and Reports. All royalties due under Section 8.3 9.6 shall be paid quarterly, on a country-by-country basis, within [*[ * ] of the end of the relevant quarter for which royalties are due. BMS shall provide to EPC within[*Exelixis within [ * ] after the end of each quarter a report that summarizes the Net Sales of a Royalty-Bearing Product during such quarter, provided that to the extent additional information is reasonably required by EPC and/or EXEL Exelixis to comply with its obligations to any of its licensors, the Parties shall work together in good faith to timely compile and produce such additional information. Such reports shall also include detailed information regarding the calculation of royalties due pursuant to Section 8.39.6, including allowable deductions in the calculation of Net Sales of each Royalty-Bearing Product on which royalties are paid, and, to the extent Section 8.5 9.8 is applicable, the calculation of [*] sales and [*] market share (by volume) of [*]Generic Products.

Appears in 1 contract

Samples: Collaboration Agreement (Exelixis Inc)

Quarterly Payments and Reports. All royalties due under Section 8.3 8.5 shall be paid quarterly, on a country-by-country basis, within [*[ * ] of the end of the relevant quarter for which royalties are due. BMS shall provide to EPC within[*Exelixis within [ * ] after the end of each quarter a report that summarizes the Net Sales of a Royalty-Bearing Product during such quarter, provided that to the extent additional information is reasonably required by EPC and/or EXEL Exelixis to comply with its obligations to any of its licensors, the Parties shall work together in good faith to timely compile and produce such additional information. Such reports shall also include detailed information regarding the calculation of royalties due pursuant to Section 8.38.5, including allowable deductions in the calculation of Net Sales of each Royalty-Bearing Product on which royalties are paid, and, to the extent Section 8.5 8.7 is applicable, the calculation of [*] sales and [*] market share (by volume) of [*]Generic Products.

Appears in 1 contract

Samples: Collaboration Agreement (Exelixis Inc)

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