Royalties Reports Sample Clauses

Royalties Reports. Within the term of thirty (30) calendar days after each annual period initiated in the Effective Date, Company shall provide Public Body with a written royalty statement specifying on a product-by-product and country-by-country and basis: the gross Sales, all itemized deductions that have been applied in accordance to points a) and b) of the definitions of Net Sales, the Net Sales, and the payable royalties. In the absence of any sale of the Product during an annual period the Company shall also provide Public Body with a royalty report. Methods of Payment. [To choose the applicable option from the following list: first one if there is an initial payment upon entering into force the Agreement / second if there is a payment by instalments] Upon the entering into force of this Agreement / first occurrence of each of the milestones as specified above and after receiving the Royalties Reports Public Body shall issue the corresponding invoices to Company with reference to this Agreement. Payment shall be made by Company as indicated in the corresponding invoice. If no indication is included, payment shall not be made later than thirty (30) calendar days after the issue of such invoice, by bank transfer to the account designated in the corresponding invoice. Company shall identify the bank transfer with the invoice number and the following reference: “Patent / Utility Model Número de la patente / Modelo de Utilidad prioritaria license – Nombre y apellido del investigador según el expositivo primero”. [If using the co-ownership model for Patents / Utility Models, then include that each co-owner shall issue his own invoice. The following may be applicable.] All payments will be distributed in the following proportion: XX (text) percentage (XX% figures) for Public Body and YY (text) percentage (YY% figures) for co-owner. Public Body and … shall issue the corresponding invoice to Company, with reference to this Agreement.
Sample 1
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Royalties Reports. Distributor shall pay Provider $____ for each copy of the Value-Added Product licensed to third parties, either by Distributor or Sub-Distributors (excluding distribution sublicenses granted to Sub-Distributors pursuant to the last sentence of Section 2.1 above). On the ______ business day of each calendar quarter, Distributor shall report all Value-Added Product transactions for the preceding calendar quarter, including End-Customer names, Sub-Distributor names (where applicable), units provided, and amounts receivable and received, as well as such additional detail as Provider reasonably requests. Distributor shall pay all amounts due within 30 days of such report.
Sample 1
Royalties Reports. During each month of the Term of this Agreement, Licensee shall furnish Licensor with two written reports (the "Royalties Reports"), the first describing all Gross Revenue during the first fifteen days of the month and the second describing all Gross Revenue during the two (2) remaining days of the month. The first Royalties Report shall be prepared and sent to Licensor not later than seven (7) days following the 15th day of the month and the second Royalties Report shall be prepared and sent no later than seven (7) days following the last day of each month. Royalties Reports will be adjusted on a quarterly basis (if necessary), not later than ten (10) days after each calendar quarter period ending in March, June, September and December of each year.
Sample 1
Royalties Reports. Subject to this Section 4.5, in addition to the other payments contemplated by the terms and conditions of this Agreement, Distributor shall pay Supplier royalties based on the gross sales of Products in the Territory during the Term at a royalty rate equal to [**]. All royalty amounts payable shall be paid in U.S. dollars within thirty (30) days after the end of the calendar quarter in which the gross sales for the Products were recorded. Each payment of royalties shall be accompanied by a royalty report which shall set forth: (a) the quantity of Products sold in such calendar quarter; (b) the invoiced transfer price for such Products (i.e. the gross sales); (c) the average invoiced transfer price in comparison with the suggested trade price for such calendar quarter, and (c) royalties payable on gross sales. Distributor shall have the responsible to account for and report sales of any Product in the Territory by its sales force and any Permitted Sub-Distributor .
Sample 1
Royalties Reports. Within the term of thirty (30) calendar days after each annual period initiated in the Effective Date, COMPANY 2 shall provide COMPANY 1 anually with a written royalty statement specifying on a product-by-product and country-by-country and basis: the gross Sales, all itemized deductions that have been applied in accordance to points a) and b) of the definitions of Net Sales, the Net Sales, and the payable royalties. In the absence of any sale of the Product during an annual period the Company shall also provide COMPANY 1 with a royalty report.
Sample 1
Royalties Reports 
Sample 1

Related to Royalties Reports

  • Sales Reports On or before the twentieth (20th) day of each calendar month after the First Month, Tenant shall submit to City a report (the “Sales Report”) showing all Gross Revenues achieved with respect to the prior month by location, segregated by each source or general type of article sold or service rendered. Such report shall be certified as being true and correct by Tenant and shall otherwise be in form and substance satisfactory to Director. As described below, City shall have the right, in addition to all other rights herein, to impose a fine in the event Tenant shall fail to submit such Sales Report timely.

  • Royalty Reports After the first commercial sale of a Licensed Product anywhere in the world, LICENSEE shall submit to UNIVERSITY quarterly royalty reports on or before each February 28, May 31, August 31 and November 30 of each year. Each royalty report shall cover LICENSEE’s (and each Affiliate’s and Sublicensee’s) most recently completed calendar quarter and shall show:

  • Reports and Royalty Payments Within [* * *] days after the beginning of each Contract Quarter during the Royalty Term, Celgene shall deliver to Acceleron a report setting forth for the previous Contract Quarter the following information on a Licensed Product-by-Licensed Product and country-by-country basis in the Territory: (a) the gross sales and Net Sales of Licensed Product, (b) the number of units sold by Celgene, its Affiliates or Sublicensees, (c) the basis for any adjustments to the royalty payable for the sale of each Licensed Product, and (d) the royalty due hereunder for the sales of each Licensed Product (the “Royalty Report”). The total royalty due for the sale of Licensed Products during such Contract Quarter shall be remitted at the time such report is made. No such reports or royalty shall be due for any Licensed Product before the First Commercial Sale of such Licensed Product.

  • Payments Royalties and Reports 3.0 Coordination of Payments under the US Agreement. The license fee, milestone payments and royalties payable by SPL under this Article III are in consideration for the rights and licenses granted to SPL under this Agreement and are in addition to any amounts payable to Licensor under the US Agreement. It is understood and agreed that, with respect to the development milestone payable under Section 3.2(a)(i) and the sales milestones payable under Section 3.2(b) the occurrence of one or more of such milestone events will result in milestone payment obligations under both this Agreement and the corresponding provisions of the US Agreement. It is further understood that SPL's financial obligations with respect to development costs under Article II shall be [ * ] apportioned between SPL and the corresponding obligations of Schering Corporation under the US Agreement.

  • Payment; Reports 5 4.2 Exchange Rate; Manner and Place of Payment.................................... 5 4.3

  • PROGRESS AND ROYALTY REPORTS 8.1 For the period beginning [date] LICENSEE will submit to REGENTS a semi-annual progress report covering LICENSEE's activities related to the development and testing of all LICENSED PRODUCTS, LICENSED SERVICES and LICENSED METHOD and the obtaining of necessary governmental approvals, if any, for marketing in the United States. These progress reports will be made for all development activities until the first SALE occurs in the United States.

  • Royalty Payments and Reports Payments for Coal mined and sold hereunder shall be made on a timely basis, when due and without demand by COLT, on or before the twentieth (20th) day of each month (“Payment Deadline”) for all Coal mined or produced from the Premises, shipped and sold, or used, together with all Foreign Coal transported and sold by Lessee or its Affiliates, or assigns during the preceding month as to Coal, as evidenced by a report or reports furnished by Lessee to COLT tendered contemporaneously with payment. Payments shall be made by check or wire transfer. If by check, payment shall be made to the following address: 000 Xxxxxx Xxxx Drive Beckley, WV 25801 If by wire transfer, payment shall be to the following address: Bank: Huntington Bank ABA: 000000000 Credit To: Colt LLC Account #: 01221137324 Copies of the reports required in this section 14 and evidence of the wire transfer or check shall be forwarded by mail or fax to: Colt LLC 0000 XXX Xxxx., Xxxxx 000 Xxxx Xxxxx Xxxxxxx, XX 00000 The addresses for payment by check or wire transfer and/or for submitting reports may be amended from time to time by COLT upon notice to Lessee. Not later than the Payment Deadline, Lessee shall report to COLT showing the actual amount for each and every mining method of Coal mined, processed, stockpiled, loaded, shipped, and sold from the Premises by Lessee and/or its Affiliates or contractors during the preceding month and shall also include individual sales of Coal by Lessee, the customers to which Coal was sold, the Gross Sales Prices of Coal for each sale, itemization of allowable deductions for each sale, calculations of Actual Production Royalty due COLT for each sale and for the preceding month, and the location, by Quarter-Quarter Section, Township, and Range, of the lands of COLT from which such Coal was mined. Such report or reports shall be made either on a form or forms of COLT supplied to Lessee or on a form or forms of Lessee that are approved by COLT. Each report shall be certified to be true, accurate, and correct by Lessee and shall be to the satisfaction of COLT. In any event, all of the aforementioned items shall be made available to COLT by Lessee, at all times upon COLT’s request, for any month during the term of this Lease. Such reports shall, at COLT’s request, be accompanied by copies of invoices, purchase orders, sales receipts, bills of lading, truck weight tickets, railroad weight tickets, barge weight tickets, statements of transportation, washing and handling charges, and other forms of verification as may be deemed necessary by COLT.

  • Progress Reports The Recipient shall submit to the OPWC, at the OPWC's request, summary reports detailing the progress of the Project pursuant to this Agreement and any additional reports containing such information as the OPWC may reasonably require.

  • Royalty Statements The Licensees shall provide Shengqu with a statement within ten (10) Business Days of the end of each calendar month during the Term of this Agreement.

  • Royalty Report The term “Royalty Report” shall have the meaning ascribed to such term as provided in Section 5.4.

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