Reports and Audit. 3.1 Licensee will provide Licensor with a written report with each Royalty payment (as applicable) detailing the units sold in the previous three-month period, and the calculation of Royalties owed. Such quarterly report shall still be required even if no Royalties are owed.
Appears in 2 contracts
Samples: License Agreement (Anpath Group, Inc.), License Agreement (Cyclone Power Technologies Inc)
Reports and Audit. 3.1 Licensee will provide Licensor with a written report with each Royalty payment (as applicable) detailing the units manufactured and units sold in the previous three-month period, and the calculation of Royalties owed. Such quarterly report shall still be required even if no Royalties are owed, including any Sales Quota calculations.
Appears in 1 contract
Samples: Technology License Agreement (Cyclone Power Technologies Inc)
Reports and Audit. 3.1 Licensee will provide Licensor with a written report with each Royalty payment (as applicable) detailing the units sold in the previous three-month period, and the calculation of Royalties owed. Such quarterly report shall still be required even if no Royalties are owed, including any Sales Quota calculations.
Appears in 1 contract
Samples: Systems Application License Agreement (Cyclone Power Technologies Inc)
