Reporting and Payment of Royalties Sample Clauses

Reporting and Payment of Royalties. (1) The contract should contain a pro- vision specifying the office designated within the specific Department in- volved to make any necessary reports to the contractor of the extent of use of the licensed subject matter by the entire Department, and such office shall be charged with the responsibility of obtaining from all procuring offices of that Department the information necessary to make the required reports and corresponding vouchers necessary to make the required payments. The clause at 252.227–7009 is a sample for ex- pressing reporting and payment of xxx- alties requirements.
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Reporting and Payment of Royalties. GenQuest shall deliver to Corixa within ninety (90) days after the end of each calendar quarter a written account, including quantities, of GenQuest's and GenQuest's Affiliates' and sublicensees' sales subject to royalty payments hereunder and the amount of the royalty payment due to Corixa for such quarter. When GenQuest delivers the accounting to Corixa, GenQuest shall also deliver all royalty payments due to Corixa for such calendar quarter. Such royalties shall be calculated on the GenQuest Net Sales in the local currency of each country, and converted into U.S. Dollars and paid in U.S. Dollars on the basis of the currency exchange rate published in the Wall Street Journal or comparable newspaper of international circulation on the date such royalty payment is due to be made to Corixa. In the event of GenQuest Net Sales being made in a currency as to which conversion into U.S. Dollars is then blocked, GenQuest shall make payment to Corixa in such local currency in a bank account designated by Corixa. GenQuest shall withhold any taxes on such royalties required by law. GenQuest shall use reasonable diligent efforts to reduce such withholdings to the greatest extent possible. Any refunds or rebates of taxes paid by GenQuest on behalf of Corixa shall be remitted promptly by Corixa to GenQuest. Royalty payments not made by GenQuest within the ninety (90) day period set forth above shall accrue interest at the annual rate of [***], compounded annually.
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Reporting and Payment of Royalties. P&U shall deliver to Geron within [*] after the end of each calendar quarter a written account, including quantities, of P&U Sales by P&U and its Affiliates' and Major Sublicensees and the amount of the royalty payment due to Geron for such quarter. In each country where P&U is unable to remove the local currency received from P&U Sales, royalties accrued in that country shall be paid to Geron in the country in local currency by deposit in a local bank designated by Geron. For the purpose of computing P&U Sales for Products sold in a currency other than United States Dollars, such currency shall be converted into United States Dollars in accordance with P&U's customary and usual translation procedures. P&U shall only withhold taxes on such royalties as required by law but shall use reasonable diligent efforts to reduce such withholdings to the greatest extent possible and to remit promptly to Geron any refunds or rebates of taxes paid by P&U on behalf of Geron.
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Reporting and Payment of Royalties. Within forty-five (45) days after the close of each calendar quarter, any Sony Entity that is distributing Royalty Bearing Product shall issue a written report to Immersion detailing (i) the total number of each type of Royalty Bearing Products, including the Sony Entity’s SKU or similar number for each type of product, that were distributed during such quarter and for which a royalty is due to Immersion hereunder and (ii) a computation of the royalties due hereunder with respect to the foregoing. Payment of all such royalties shall be made in full no later than the time such report is due.
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Reporting and Payment of Royalties. Within [ * ] calendar days after the end of each Contract Quarter during the term of this Agreement, Bio-Rad shall (i) furnish Caliper with a written report setting forth in reasonable detail (A) the aggregate amount of Net Revenue recognized by Bio-Rad or any of its Affiliates in respect of the sale of Systems during the preceding Contract Quarter, (B) the number of units of Systems and Chips sold during the preceding Contract Quarter by part number in each major territory, and the average selling price for such Systems and Chips by major territory, and (C) the aggregate amount of royalties due in U.S. Dollars for the preceding Contract Quarter pursuant to the provisions hereof; and (ii) pay to Caliper the aggregate amount of royalties shown to be payable by Bio-Rad in such report. All
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Reporting and Payment of Royalties. Within forty-five (45) days following the end of each calendar quarter during the Term, Labcorp will notify Proteomedix in writing of the total Net Sales of Labcorp and its Affiliates during the prior calendar quarter, and Labcorp shall pay Proteomedix the royalty payable for such calendar quarter under Section 3.2 (as reduced by Section 3.4, if applicable). The notice will include, at a minimum, the following information for the calendar quarter listed by Licensed Services or Licensed Product: (a) Net Sales; and (b) the total amount of the applicable Study Costs deducted from the royalty and milestone fees due for the applicable quarter. Upon thirty (30) days prior written notice from Proteomedix, no more than once per calendar year, Proteomedix shall have the right, at Proteomedix’s sole cost and expense, to engage an independent certified public accounting firm reasonably acceptable to Labcorp and pursuant to the terms and conditions of a customary confidentiality and non-disclosure agreement reasonably acceptable to Labcorp, to audit Labcorp’s existing and relevant records solely to the extent necessary in order to verify the the accuracy of payments made under this Agreement. Labcorp shall reasonably cooperate with such audit. Any such audit shall be conducted in a manner that does not disrupt Labcorp’s business operations. Labcorp shall have the right to redact client names, client confidential information, and client-specific information from its records that are made available under this Section 3.5. In any event, any such information provided by Labcorp will be Confidential Information of Labcorp. Books of account and supporting records shall be retained for a commercially reasonable period of time in accordance with Labcorp’s customary record retention processes following the calendar quarter to which they pertain. In the event that any audit performed under this Section reveals an underpayment in excess of [***] for any twelve (12) month period, Labcorp and its Affiliates shall bear the reasonable costs of such audit. Labcorp shall remit any undisputed amounts due to Proteomedix as revealed by such audit within thirty (30) days of receiving notice thereof from Proteomedix. Labcorp shall use good faith efforts to cooperate in a prompt and diligent manner with any audit under this Section 3.5 and assist in any actions reasonably requested by Proteomedix related thereto.
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Reporting and Payment of Royalties. BMG shall deliver to Geron within forty-five (45) days after the end of each calendar quarter (31st March, 30th June, 30th September, and 31st December) a written account of quantities of Products shipped and of BMG Sales, cumulative BMG Sales, and sublicensee sales and the amount of the royalty payment due to Geron for such quarter. Such written account shall describe separately the gross sales (actual * Confidential treatment requested pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Commission.
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Reporting and Payment of Royalties. PharmaEngine shall, following the first Launch Date, prepare a statement in respect of each Quarter, which shall show for the Quarter in question the aggregate Net Sales. Such statement shall be submitted to Xenova within 60 (sixty) days of the end of the Quarter to which it relates together with remittance for the Royalties in respect of such Quarter.
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Related to Reporting and Payment of Royalties

  • Reporting and Payment 8.1. Unless otherwise agreed between the Parties, reporting numbers are based on xxxxx://xx.xxxxxxxxxxxxxx.xxx/ dashboard reports of the Advertiser and/or any other databases and/or dashboards that the Advertiser may decide from time to time. The report shall summarize data including but not limited to, the number of registrations and/or actions according to the payment model agreed between the Parties, the amount of payment of reporting month/biweek and other variables of the products.

  • Royalties and Payments 3.00 LICENSEE shall pay directly to LICENSOR a one-time milestone payment of sixty-five thousand US dollars ($65,000.00) upon the first FDA APPROVAL of a LICENSED PRODUCT. This fee shall be payable sixty (60) days after the date of FDA APPROVAL of a LICENSED PRODUCT.

  • Billing and Payment The Price will be itemized and included on your xxxx from the DSP, and is due and payable to the DSP on the same day your DSP xxxx is due. You will continue to be billed by your DSP taxes and other charges consistent with filed tariffs at the Illinois Commerce Commission to transmit and distribute the Retail Power supplied to you per this Agreement. You should continue to follow any xxxx payment procedures set forth between you and the DSP. You agree to accept the measurements as determined by the DSP for purposes of accounting for the amount of Retail Power services provided by DES under this Agreement. If the DSP is unable to read your meter, the DSP will estimate your usage and your charges will be calculated accordingly and adjusted on a future xxxx. DES’S ability to supply you under this Agreement is conditioned on the DSP accepting DES’S enrollment of your account for consolidated billing and purchase of receivables by the DSP. If you are not eligible for your DSP’s consolidated billing and purchase of receivables, you will need to secure eligibility with your DSP before DES can serve you. Should the DSP cease providing consolidated billing and purchase of receivables for your account and/or commence billing DES for any charges relating to you, DES will xxxx you directly and you will pay DES for all such charges pursuant to the payment provisions specified in DES’S xxxx.

  • Billing and Payment Terms Customer will be billed monthly in advance of the provision of Internet Data Center Services, and payment of such fees will be due within thirty (30) days of the date of each Exodus invoice. All payments will be made in U.S. dollars. Late payments hereunder will accrue interest at a rate of one and one-half percent (1 1/2%) per month, or the highest rate allowed by applicable law, whichever is lower. If in its judgment Exodus determines that Customer is not creditworthy or is otherwise not financially secure, Exodus may, upon written notice to Customer, modify the payment terms to require full payment before the provision of Internet Data Center Services or other assurances to secure Customer's payment obligations hereunder.

  • Calculation and Payment of Fees All fees shall be calculated on the basis of the actual number of days elapsed in a 360-day year. All fees shall be payable in addition to, and not in lieu of, interest, compensation, expense reimbursements, indemnification and other Obligations. Fees shall be payable to the Administrative Agent at its office in New York, New York in immediately available funds. All fees shall be fully earned and nonrefundable when paid. All fees due to any Arranger or any other Lender, including, without limitation, those referred to in this Section 5.3, shall bear interest, if not paid when due, at the interest rate specified in Section 5.1(d) and shall constitute Obligations.

  • Royalty Reports and Payments After the first sale of a Product on which royalties are payable by a Party hereunder, such Party shall make quarterly written reports to the other Party within sixty (60) days after the end of each calendar quarter, stating in each such report, separately the number, description, and aggregate Net Sales, by territory, of each such Product sold during the calendar quarter upon which a royalty is payable under Section 6.3 or Section 6.4 above, as applicable. Concurrently with the making of such reports, such Party shall pay to the other Party royalties due at the rates specified in Section 6.3 or Section 6.4 above, as applicable.

  • Computation and Payment of Fee The advisory fee shall accrue on each calendar day, and shall be payable monthly on the first business day of the next succeeding calendar month. The daily fee accruals shall be computed by multiplying the fraction of one divided by the number of days in the calendar year by the annual advisory fee rate, and multiplying this product by the Managed Assets of the Fund, determined in the manner established by the Directors, as of the close of business on the last preceding business day on which the Fund's net asset value was determined.

  • Invoicing and Payment Terms [Within [X] days at the end of each month] [Upon completion of the Contract] Contractor will submit an Invoice in accordance with pricing as specified in the Contract. Mercy Corps will make payment to Contractor for all sums not in dispute within 30 days of receipt of Contractor’s invoice(s) (the “Payment Terms”).

  • Invoicing and Payment You will provide Us with valid and updated credit card information, or with a valid purchase order or alternative document reasonably acceptable to Us. If You provide credit card information to Us, You authorize Us to charge such credit card for all Purchased Services listed in the Order Form for the initial subscription term and any renewal subscription term(s) as set forth in Section 12.2 (Term of Purchased Subscriptions). Such charges shall be made in advance, either annually or in accordance with any different billing frequency stated in the applicable Order Form. If the Order Form specifies that payment will be by a method other than a credit card, We will invoice You in advance and otherwise in accordance with the relevant Order Form. Unless otherwise stated in the Order Form, invoiced charges are due net 30 days from the invoice date. You are responsible for providing complete and accurate billing and contact information to Us and notifying Us of any changes to such information.

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