Records of Sales. Licensee shall at all times during the term of this Agreement and for a period of three (3) years after termination of this Agreement keep at its principal place of business true and accurate records of all Sales subject to Section 4 of this Agreement in such form and manner that all royalties owed hereunder to Licensor may be readily and accurately determined. Such records shall be kept for a period of at least three (3) years after the and of the royalty period to which they pertain and shall include, but not by way of limitation, all information necessary for Licensee’s Auditors to prepare the reports required by Section 6 of this Agreement.
Appears in 1 contract
Samples: License Agreement (Renovis Inc)
Records of Sales. Licensee shall at all times during the term of this ---------------- Agreement and for a period of three (3) years after termination of this Agreement keep at its principal place of business true and accurate records of all Sales subject to Section 4 of this Agreement in such form and manner that all royalties owed hereunder to Licensor may be readily and accurately determined. Such records shall be kept for a period of at least three (3) years after the and of the royalty period to which they pertain and shall include, but not by way of limitation, all information necessary for Licensee’s 's Auditors to prepare the reports required by Section 6 of this Agreement.
Appears in 1 contract
Records of Sales. Licensee shall at all times during the term of this Agreement and for a period of three five (35) years after termination of this Agreement keep at its principal place of business true and accurate records of all Sales subject to Section 4 3 of this Agreement in such form and manner that all royalties owed hereunder to Licensor OMRF may be readily and accurately determined. Such records shall be kept for a period of at least three (3) years after the and of the royalty period to which they pertain and shall include, but not by way of limitation, all information necessary for Licensee’s 's Auditors to prepare the reports required by Section 6 of this Agreement.
Appears in 1 contract
Samples: License Agreement (Zymetx Inc)
Records of Sales. Licensee shall at all times during the term of this Agreement and for a period of three five (35) years after termination of this Agreement keep at its principal place of business true and accurate records of all Sales subject to Section 4 of this Agreement in such form and manner that all royalties owed hereunder to Licensor OMRF may be readily and accurately determined. Such records shall be kept for a period of at least three (3) years after the and of the royalty period to which they pertain and shall include, but not by way of limitation, all information necessary for Licensee’s Auditors to 's Auditors'to prepare the reports required by Section 6 of this Agreement.
Appears in 1 contract
Samples: License Agreement (Bioenvision Inc)
Records of Sales. Licensee shall at all times during the term of this Agreement and for a period of three five (35) years after termination of this Agreement keep at its principal place of business true and accurate records of all Net Sales subject to Section 4 Paragraph 3 of this Agreement in such form and manner that all royalties owed hereunder to Licensor OMRF may be readily and accurately determined. Such records shall be kept for a period of at least three (3) years after the and of the royalty period to which they pertain and shall include, but not by way of limitation, all information necessary for Licensee’s 's Auditors to prepare the reports required by Section 6 5 of this Agreement.
Appears in 1 contract
Samples: License Agreement (Zymetx Inc)