RECONDS, REPORTS, AND INSPECTION Sample Clauses

RECONDS, REPORTS, AND INSPECTION. 5.1. Phylos shall render to RCT, at the same time as each of the earned royalty payments referred to in Paragraph 4.2 are made, a written statement providing the following details: (a) the unit quantities of DIAGNOSTIC PRODUCTS, PHARMACEUTICAL PRODUCTS, CATALYTIC PRODUCTS, and MANUFACTURED PRODUCT SOLD by Phylos or its AFFILIATES, separately stated for each such class of LICENSED MONOBODY, during the CALENDAR QUARTER covered by the report in each country in which such billing occurred. The statement shall include the identity of each type of DIAGNOSTIC PRODUCT, PHARMACEUTICAL PRODUCT, and CATALYTIC PRODUCT SOLD; (b) the United States dollar value of the bxxxxxxx on such quantities in (a) above; (c) the calculation of NET SALES of the DIAGNOSTIC PRODUCT, PHARMACEUTICAL PRODUCT, CATALYTIC PRODUCT, and MANUFACTURED PRODUCTS SOLD, separately stated for each class of LICENSED MONOBODY, based on the dollar value determined in (b) above including a detailed accounting of any allowed deductions from the invoice amounts to arrive at the NET SALES; (d) the computation of earned royalties based on the NET SALES computed under (c) above; (e) the quantities of such LICENSED PRODUCTS transferred between RELATED PARTIES or USED by RELATED PARTIES, the computation of earned royalties thereon, and the total royalties so computed. If no earned royalties are due, Phylos shall so report. On or before the date ninety days after the end of the CALENDAR QUARTER in which this Agreement is terminated Phylos shall provide to RCT a written report that complies in all respects with this Paragraph along with a payment of any amounts to be paid in respect thereof. 5.2. Phylos shall keep and maintain records in accordance with generally accepted accounting principles sufficient to enable RCT to determine the monies payable to RCT by Phylos under the terms of this Agreement and Phylos’s compliance in other respects with this Agreement. Phylos shall retain such records for five years after the end of the reporting period to which they pertain. Phylos shall make such records available to inspection and TCG:TJR License Agreement between RCT and Phylos; RCT Project No. 060-1710; Koide. copying by a certified public accountant appointed by RCT at RCT’s expense and reasonably acceptable by Phylos, at any reasonable time during normal business hours, but not more often than once per calendar year, to the extent necessary for RCT to verify the records and payments due under this Agreement. If an...
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RECONDS, REPORTS, AND INSPECTION. 4.1. Licensee shall render to RCT, at the same time as each of the earned royalty payments referred to in Paragraph 3.2 are made, a written statement providing the following details: (a) the unit quantities of DIAGNOSTIC PRODUCTS and PHARMACEUTICAL PRODUCTS, SOLD by Licensee or its AFFILIATES, separately stated for each such class of LICENSED MONOBODY, during the CALENDAR QUARTER covered by the report in each country in which such billing occurred. The statement shall include the identity of each type of DIAGNOSTIC PRODUCT and PHARMACEUTICAL PRODUCT SOLD; (b) the United States dollar value of the bxxxxxxx on such quantities in (a) above; (c) the calculation of NET SALES VALUE of the DIAGNOSTIC PRODUCT and PHARMACEUTICAL PRODUCT SOLD, separately stated for each class of LICENSED MONOBODY, based on the dollar value determined in

Related to RECONDS, REPORTS, AND INSPECTION

  • Tests and Inspections § 15.5.1 Tests, inspections and approvals of portions of the Work shall be made as required by the Design-Build Documents and by applicable laws, statutes, ordinances, codes, rules and regulations or lawful orders of public authorities. Unless otherwise provided, the Design-Builder shall make arrangements for such tests, inspections and approvals with an independent testing laboratory or entity acceptable to the Owner, or with the appropriate public authority, and shall bear all related costs of tests, inspections and approvals. The Design-Builder shall give the Owner timely notice of when and where tests and inspections are to be made so that the Owner may be present for such procedures. The Owner shall bear costs of (1) tests, inspections or approvals that do not become requirements until after bids are received or negotiations concluded, and (2) tests, inspections or approvals where building codes or applicable laws or regulations prohibit the Owner from delegating their cost to the Design-Builder. § 15.5.2 If the Owner determines that portions of the Work require additional testing, inspection or approval not included under Section 15.5.1, the Owner will instruct the Design-Builder to make arrangements for such additional testing, inspection or approval by an entity acceptable to the Owner, and the Design-Builder shall give timely notice to the Owner of when and where tests and inspections are to be made so that the Owner may be present for such procedures. Such costs, except as provided in Section 15.5.3, shall be at the Owner’s expense. § 15.5.3 If such procedures for testing, inspection or approval under Sections 15.5.1 and 15.5.2 reveal failure of the portions of the Work to comply with requirements established by the Design-Build Documents, all costs made necessary by such failure shall be at the Design-Builder’s expense. § 15.5.4 Required certificates of testing, inspection or approval shall, unless otherwise required by the Design-Build Documents, be secured by the Design-Builder and promptly delivered to the Owner. § 15.5.5 If the Owner is to observe tests, inspections or approvals required by the Design-Build Documents, the Owner will do so promptly and, where practicable, at the normal place of testing. § 15.5.6 Tests or inspections conducted pursuant to the Design-Build Documents shall be made promptly to avoid unreasonable delay in the Work.

  • Audits and Inspections At any time during normal business hours and as often as the City may deem necessary, Service Provider shall make available to the City for the City’s examination all of Service Provider’s records and documents with respect to all matters covered by this Agreement and, furthermore, Service Provider will permit the City to audit, examine and make copies, excerpts or transcripts from such records, and to make audits of all contracts, invoices, materials, payrolls, records of personnel, conditions of employment and other data relating to all matters covered by this Agreement.

  • Visits and Inspections Permit representatives of the Administrative Agent or any Lender, from time to time upon reasonable prior notice to visit and inspect its properties; inspect and make extracts from its books, records and files, including, but not limited to, management letters prepared by independent accountants; and discuss with its principal officers, and its independent accountants, its business, assets, liabilities, financial condition, results of operations and business prospects.

  • Audit and Inspection 9.1 The Recipient, without charge, will permit any officer or officers of the Commissioner, external auditing bodies (i.

  • Information and Inspection Pledgor shall (i) promptly furnish Bank any information with respect to the Collateral requested by Bank; (ii) allow Bank or its representatives to inspect and copy, or furnish Bank or its representatives with copies of, all records relating to the Collateral and the Obligation; and (iii) promptly furnish Bank or its representatives with any other information Bank may reasonably request.

  • RECORDS AND INSPECTIONS Consultant shall maintain full and accurate records with respect to all matters covered under this Agreement for a period of three years after the expiration or termination of this Agreement. City shall have the right to access and examine such records, without charge, during normal business hours. City shall further have the right to audit such records, to make transcripts therefrom and to inspect all program data, documents, proceedings, and activities.

  • Inspection Reports A "full inspection report" comprises a Site Master File (compiled by the manufacturer or by the inspectorate) and a narrative report by the inspectorate. A "detailed report" responds to specific queries about a firm by the other Party.

  • Inspection of Property; Books and Records; Discussions Keep proper books of records and account in which full, true and correct entries in conformity with GAAP and all Requirements of Law shall be made of all dealings and transactions in relation to its business and activities; and permit representatives of any Lender (upon reasonable advance notice coordinated through the Administrative Agent) to visit and inspect any of its properties and examine and make abstracts from any of its books and records at any reasonable time and as often as may reasonably be desired and to discuss the business, operations, properties and financial and other condition of the Borrower and its Subsidiaries with officers and employees of the Borrower and its Subsidiaries and with its independent certified public accountants.

  • Records and Inspection The LLC shall maintain at its place of business the Articles of Organization, any amendments thereto, this Agreement, and all other LLC records required to be kept by the Act, and the same shall be subject to inspection and copying at the reasonable request, and the expense, of any Member.

  • Other Information and Inspections In each case subject to the last sentence of this Section 6.3, each Restricted Person will furnish to each Lender any information which Administrative Agent or any Lender may from time to time request concerning any covenant, provision or condition of the Loan Documents or any matter in connection with Restricted Persons' businesses and operations. In each case subject to the last sentence of this Section 6.3, each Restricted Person will permit representatives appointed by Administrative Agent (including independent accountants, auditors, agents, attorneys, appraisers and any other Persons) to visit and inspect during normal business hours any of such Restricted Person's property, including its books of account, other books and records, and any facilities or other business assets, and to make extra copies therefrom and photocopies and photographs thereof, and to write down and record any information such representatives obtain, and each Restricted Person shall permit Administrative Agent or its representatives to investigate and verify the accuracy of the information furnished to Administrative Agent or any Lender in connection with the Loan Documents and to discuss all such matters with its officers, employees and, upon prior notice to Borrower, its representatives. Each of the foregoing inspections shall be made subject to compliance with applicable safety standards and the same conditions applicable to any Restricted Person in respect of property of that Restricted Person on the premises of Persons other than a Restricted Person or an Affiliate of a Restricted Person, and all information, books and records furnished or requested to be furnished, or of which copies, photocopies or photographs are made or requested to be made, all information to be investigated or verified and all discussions conducted with any officer, employee or representative of any Restricted Person shall be subject to any applicable attorney-client privilege exceptions which the Restricted Person determines is reasonably necessary and compliance with conditions to disclosures under non-disclosure agreements between any Restricted Person and Persons other than a Restricted Person or an Affiliate of a Restricted Person and the express undertaking of each Person acting at the direction of or on behalf of any Lender Party to be bound by the confidentiality provisions of Section 10.6 of this Agreement.

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