Reports and Payment. MSS will, within forty-five (45) days after the close of each calendar quarter during the term of this Agreement, issue a written report to the University reporting the Net Proceeds generated by MSS during such quarter, and a computation of the share thereof due each party hereunder. Full payment, net of any setoffs for shared costs to which MSS may be entitled under Section 3.4(c) above, of the University's share of such Net Proceeds for such calendar quarter will accompany such report.
Appears in 6 contracts
Samples: Development and Commercialization Project Agreement (Medical Science Systems Inc), Development and Commercialization Project Agreement (Medical Science Systems Inc), Development and Commercialization Project Agreement (Medical Science Systems Inc)
