Quarterly Reports after First Commercial Sale Sample Clauses

Quarterly Reports after First Commercial Sale. Once LICENSEE or any of its Affiliates or SUBLICENSEEs has a first Commercial Sale of any Licensed Product, the terms that follow in this Section 3.5 shall apply. LICENSEE will deliver to LICENSOR, within sixty (60) days after the end of each calendar quarter following the first Commercial Sale (each, a “Reporting Period”), a written report (each a “Quarterly Report”) providing to LICENSOR a reasonable level of information regarding all Commercial Sales for the applicable Reporting Period, which has been signed and certified as correct by LICENSEE’s chief executive officer, chief financial officer, or a substantially equivalent executive officer. The Quarterly Report shall provide, broken down separately for each country in the Territory, during the Reporting Period: (a) the quantity of the Licensed Product Commercially Sold by each of LICENSEE, each LICENSEE Affiliate and each SUBLICENSEE; (b) the gross sales amounts for the Licensed Product Commercially Sold by each of LICENSEE, each LICENSEE Affiliate and each SUBLICENSEE; and (c) the amount of royalties, fees and other consideration received by LICENSEE from each SUBLICENSEE with respect to the Licensed Technology and/or Licensed Product during the Reporting Period.
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Related to Quarterly Reports after First Commercial Sale

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.

  • NOW, THEREFORE the parties hereto agree as follows:

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • Confidentiality (a) Subject to Section 7.15(c), during the Term and for a period of three

  • Entire Agreement This DPA and the Service Agreement constitute the entire agreement of the Parties relating to the subject matter hereof and supersedes all prior communications, representations, or agreements, oral or written, by the Parties relating thereto. This DPA may be amended and the observance of any provision of this DPA may be waived (either generally or in any particular instance and either retroactively or prospectively) only with the signed written consent of both Parties. Neither failure nor delay on the part of any Party in exercising any right, power, or privilege hereunder shall operate as a waiver of such right, nor shall any single or partial exercise of any such right, power, or privilege preclude any further exercise thereof or the exercise of any other right, power, or privilege.

  • Definitions For purposes of this Agreement:

  • Counterparts This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

  • Miscellaneous The Vendor acknowledges and agrees that continued participation in TIPS is subject to TIPS sole discretion and that any Vendor may be removed from the participation in the Program at any time with or without cause. Nothing in the Agreement or in any other communication between TIPS and the Vendor may be construed as a guarantee that TIPS or TIPS Members will submit any orders at any time. TIPS reserves the right to request additional proposals for items or services already on Agreement at any time.

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