Royalty Payment Dates. 32 6.6 Direct Affiliate Licenses, Supporting Licenses and Compulsory Royalties ................................... 32 6.7 Place of Royalty Payment & Currency Conversions ............ 33 6.8 Royalties on Resales ....................................... 34 6.9
Royalty Payment Dates. Within 60 days after the end of each March, June, September and December in each and every calendar year during the Exclusive Period, following the commencement of marketing of Product, Schering shall furnish and deliver to ICN a full and true accounting of its worldwide Net Sales of Product hereunder during the three (3) month period ending with the previous March 31st, June 30th, September 30th and December 31st and shall simultaneously pay to ICN, for the account of Schering or the applicable Affiliate or sublicensee, as the case may be, a sum equal to the aggregate of the royalty due thereon as calculated pursuant to Section 6.2 hereof (reconciled for any previous overpayments or underpayments), to such account as ICN shall have designated from time to time in writing to Schering.
Royalty Payment Dates. On the last business day of June, September, December and March in each and every calendar year during the term of this Agreement, following the commencement of marketing of applicable Licensed Products hereunder, Schering shall furnish and deliver to Corvas a full and true accounting of its Worldwide Net Sales of Licensed Products hereunder during the three (3) month period ending with the previous * CONFIDENTIAL TREATMENT REQUESTED
Royalty Payment Dates. Licensee will pay any royalties due and payable on Net Sales and Sublicensing Revenue within 30 days after a Royalty Due Date for the six-month period immediately ending on the applicable Royalty Due Date.
Royalty Payment Dates. Royalties shall be paid by Pfizer on Net Sales within sixty (60) days after the end of each calendar quarter in which such Net Sales are made. Such payments shall be accompanied by a statement showing the Net Sales of each Product by Pfizer or any Affiliate or sublicensee of Pfizer in each country, the applicable royalty rate for such Product, and a calculation of the amount of royalty due, including any offsets.
Royalty Payment Dates. 12 4.6 Direct Affiliate Licenses. . . . . . . . . . . . . . . . . . . 13 4.7 Place of Royalty Payment and Currency Conversions. . . . . . . 13 4.8 Royalties on Resales . . . . . . . . . . . . . . . . . . . . . 14 4.9
Royalty Payment Dates. 1st Quarter: January - March - Due no later than April 10th 2nd Quarter: April - May - Due no later than June 10th 3rd Quarter: June - August - Due no later than September 10th 4th Quarter: October - December - Due no later than January 10th
Royalty Payment Dates. The royalty shall become due and payable on each Royalty Due Date and shall be calculated with respect to the Net Revenue of the [*] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 OF THE SECURITIES ACT OF 1933, AS AMENDED. Licensee in the three month period immediately preceding the month in which the applicable Royalty Due Date falls.
Royalty Payment Dates. Royalties paid by Roche pursuant to Section 6.4(a) shall be paid by Roche within ** after the end of each calendar quarter in which Net Sales are made. All such payments shall be accompanied by a statement showing the source of such revenues, including the Net Sales of each Licensed Product in each country and a calculation of the amount of payment due for each such jurisdiction. In the event royalties are not paid within the time period set forth in this Section 6.4(c), such royalties shall bear interest, to the extent permitted by applicable law, at the average one-month European Interbank Offered Rate (=EURIBOR) as reported by Datastream (or a successor or similar organization) from time to time, calculated on the number of days such a payment is overdue.
Royalty Payment Dates. The sale of a Product shall be considered to have occurred on the latest of the following: shipment of the Product by Licensee or invoicing for payment for the Product by Licensee to a third party. Royalty payments shall be made to Licensor within one (1) month after the end of each calendar month of each year, with the payment being for sales of Products that occurred during the preceding month. For example, Licensee must make the royalty payment for sales of Products during each period of January 1 -31 by the last day of February of that same calendar year.
