Common use of Royalties on Licensed Products and Reports Clause in Contracts

Royalties on Licensed Products and Reports. Within forty-five (45) days of the end of each calendar quarter following FIRST COMMERCIAL SALE, LICENSEE shall pay ROYALTIES in accordance with Exhibit A-2 and submit the electronic Excel Quarterly SALES & ROYALTY Report set forth in Exhibit C. ROYALTIES shall be paid on all SALES, use or manufacture of LICENSED PRODUCTS in the LICENSED TERRITORY by all LICENSED PARTIES.

Royalties on Licensed Products and Reports. Within forty-five thirty (4530) days of the end of each calendar quarter following FIRST COMMERCIAL SALEquarter, LICENSEE shall pay ROYALTIES in accordance with Exhibit A-2 and submit the electronic Excel Quarterly SALES & ROYALTY Report set forth in Exhibit C. ROYALTIES shall be paid on all SALES, use or manufacture of LICENSED PRODUCTS in the LICENSED TERRITORY by all LICENSED PARTIES.

Royalties on Licensed Products and Reports. Within forty-five thirty (4530) days of the end of each calendar quarter following FIRST COMMERCIAL SALEquarter, LICENSEE shall pay ROYALTIES in accordance with Exhibit A-2 and submit the electronic Excel Quarterly SALES & ROYALTY Report set forth in Exhibit C. ROYALTIES shall be paid on NET SALES REVENUE for all SALES, use or manufacture of LICENSED PRODUCTS in the LICENSED TERRITORY by all LICENSED PARTIES.

Royalties on Licensed Products and Reports. Within forty-five thirty (4530) days of the end of each calendar quarter following FIRST COMMERCIAL SALEquarter, LICENSEE shall pay ROYALTIES in accordance with Exhibit A-2 and submit the electronic Excel Quarterly SALES & ROYALTY Report set forth in Exhibit C. ROYALTIES shall be paid on all SALESSALES of a LICENSED PRODUCT, and any use or manufacture of a LICENSED PRODUCTS PRODUCT (for which LICENSEE receives consideration) in the LICENSED TERRITORY by all LICENSED PARTIES.