Common use of Quarterly Sales Reports Clause in Contracts

Quarterly Sales Reports. Each monthly payment made to STA under Section 6 shall be accompanied by a full and accurate accounting by A&W. Each such report shall include at least the following information for each type of Product as to each country during the month: (a) The gross invoice price of each variety of Product shipped; (b) The applicable deductions from such invoice price to yield Net Sales for each variety of Product shipped; and (c) Computation of the sharing payment due to STA pursuant to Section 6.1 of this Agreement.

Appears in 3 contracts

Samples: Operating Agreement (Agritope Inc), Development and Marketing Agreement (Epitope Inc/Or/), Operating Agreement (Agritope Inc)

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