Reports and Payment Terms Sample Clauses

Reports and Payment Terms. Within thirty (30) days after the beginning of each quarter following first customer shipment during the term of this Agreement, Licensee shall furnish to Licensor a statement in suitable form showing all products subject to royalties hereunder which were sold, leased, licensed, transferred or otherwise disposed of during such fiscal quarter, and the amount of royalties payable thereon. If no products are subject to royalties, then that fact shall be shown on such statement. Notwithstanding the minimum royalty payments described in the schedule above will be paid within 30 days after the beginning of each quarter following the first customer shipment. This first quarter is estimated to be the second quarter of calendar year 2003.

Reports and Payment Terms. Within forty-five (45) days after the end of each fiscal quarter of Licensee, Licensee shall furnish to Sonics a statement showing the amount of Net Sales, ASP (only in the case of Section 5.3) and royalties payable on Devices Sold. If no products subject to royalty have been Sold or put into use, that fact shall be shown on such statement, provided that, in no event shall Licensee be obligated to furnish such statement until the first Sale of the Device occurs. Also, within such forty-five (45) day period, Licensee shall pay to Sonics the royalties payable hereunder for such fiscal quarter. All royalty and other payments to Sonics hereunder shall be in United States dollars. All royalties based on sales in currencies other than United States dollars shall be converted to United States dollars according to the official currency exchange rate quoted by Bank of Tokyo Mitsubishi on the date such payment is made. The payment shall be transmitted by telegraphic wire transfer to the following bank account or to such other bank account as Sonics may notify Licensee in writing: Silicon Valley Bank 3000 Xxxxxx Xxxxx Xxxxx Xxxxx, Xxxxxxxxxx 00000 ABA #100000000 For credit to: Sonics, Inc., Account #3300049070 SONICS/TOSHIBA CONFIDENTIAL EXECUTION COPY

Reports and Payment Terms. Within sixty (60) days after the end ------------------------- of each NEC fiscal quarter, NEC shall furnish to Rambus a statement showing, by product category set forth in Section 4.3(a), the amount of Net Sales, Net Selling Price and royalty payable thereon. If no products subject to royalty have been sold, leased, disposed of or put into use, that fact shall be shown on such statement. Also, within such sixty (60) day period NEC shall pay to Rambus the royalties payable hereunder for such quarter. All royalty and other payments to Rambus hereunder shall be in United States dollars. All royalties based on sales in currencies other than United States dollars shall be converted to United States dollars according to the TSS rate quoted by the Bank of Tokyo in Japan on the date such payment is made. The payment shall be transmitted by telegraphic wire transfer to the following bank account or to such other bank account as Rambus may notify NEC in writing: Silicon Valley Bank 0000 Xxxxxxxx Xxxxx Xxxxx Xxxxx, Xxxxxxxxxx 00000 ABA# 000000000 via Federal Reserve Bank, San Francisco for credit of: Rambus Inc., account # 00000000-75

Reports and Payment Terms. Within sixty (60) days after the ------------------------- end of each calendar quarter, Intel shall furnish to Rambus a statement in suitable form showing all Rambus Memories, by part number, subject to royalties which were sold, leased, or otherwise disposed of during the preceding calendar quarter, and the royalty rate and amount of royalty payable thereon. If no Rambus Memories subject to royalty have been sold, leased, or otherwise disposed of, that fact shall be shown on such statement. Also within this sixty (60) day period, Intel shall pay to Rambus the Rambus Memory royalties payable hereunder for such quarter. All royalty and other payments to Rambus hereunder shall be in United States dollars. Royalties based on Rambus Memory sales in other currencies shall be converted to United States dollars according to the rate of exchange for that currency as quoted by the Wall Street Journal on the last publication day of the calendar month in which the royalty accrued.

Reports and Payment Terms. Within thirty (30) days after the end of ------------------------- each Goldstar fiscal quarter, until all royalties payable hereunder shall have been reported and paid, Goldstar shall furnish to Rambus an itemized statement in suitable form showing all said products subject to royalties which were Sold during such quarter, and the amount of royalty payable thereon. If no products subject to royalty have been Sold, that fact shall be shown on such statement. Also, within such thirty (30) day period Goldstar shall pay to Rambus the royalties payable hereunder for such quarter. All royalty and other payments to Rambus hereunder shall be in United States dollars. Royalties based on Sales in other currencies shall be converted to United States dollars according to the official rate of exchange for that currency, as published by The Korean Bank on the last business day of the calendar month in which the royalty accrued.

Reports and Payment Terms. (i) Within sixty (60) days after the end of each calendar quarter, [*] shall furnish to Rambus a statement, in the form attached as Exhibit E hereto, showing Sales and the number of units Sold for each product subject to royalties which were Sold during such quarter, and the amount of royalty payable thereon. If no products subject to royalty have been Sold, that fact shall be shown on such statement. Also, within such sixty (60) day period [*] shall pay to Rambus by electronic transfer to the bank account specified in Section 10.5 or otherwise designated by Rambus in writing the royalties payable hereunder for such quarter. All royalty and other payments to Rambus hereunder shall be in United States dollars. Royalties based on Sales in other currencies shall be converted to United States dollars according to the exchange rate published by the Bank of Tokyo Mitsubishi prevailing on the date of payment. (ii) In addition, [*] shall designate an appropriate [*] contact person, to whom Rambus shall have reasonable access, on a quarterly basis, to discuss [*]'s expected Licensed Rambus IC Sales for each of the following four (4)

Reports and Payment Terms. Within sixty (60) days after the end of each calendar quarter, until all Per Unit Royalties payable hereunder shall have been reported and paid, Conexant shall furnish to Intellon a statement, in suitable form, showing the number of Licensed Products Sold to third parties itemized by product, and the amount of royalty payable thereon. If no products subject to payment of Per Unit Royalties have been Sold, that fact shall be shown on such statement. Also, within such sixty-(60) day period Conexant shall pay to Intellon the Per Unit Royalties payable hereunder for such quarter.

Reports and Payment Terms. 40 10.1 Reports; Timing of Payment and Royalty Statements ............................................... 40 10.2 Mode of Payment and Currency .................................................................................. 40 10.3

Reports and Payment Terms. 9.1 Net Sales Reports and Royalties Due. During the Royalty Term, Xxxxx shall furnish to Dicerna US a written report for each Calendar Quarter showing the global Net Sales by Product sold by Lilly, its Affiliate or sublicensee during the reporting Calendar Quarter, the Royalties payable under this Agreement and whether a Commercial Milestone Event has been achieved in sufficient detail to allow Dicerna US to verify the amount of Royalties or Commercial Milestone Payments paid by Xxxxx with respect to such Calendar Quarter, including on a Product-by-Product basis, the Net Sales of each Product, and the Royalties (in USD) payable and in total for all Products. Reports shall be due no later than [***] following the end of each Calendar Quarter. Royalties shown to have accrued by each report provided under this Section 9.1 and any Commercial Milestone Payment achieved in such Calendar Quarter shall be due and payable on the date such report is due. 9.2 [***].

Reports and Payment Terms. 37 9.1 Net Sales Reports and Royalties Due 9.2 [***] 9.3 Payment Currency / Exchange Rate 9.4 Taxes 9.5 Audit Rights (Financial) 10. INTELLECTUAL PROPERTY RIGHTS 38 10.1 Disclosure of Inventions 10.2 Lilly Background IP 10.3 Dicerna Background IP 10.4