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Common use of Royalty Payments; Reports Clause in Contracts

Royalty Payments; Reports. Within [***] ([***]) days after the end of each calendar quarter for which royalties are due by Ono to Merus, Ono shall pay Merus all such amounts payable by it under Section 6.4 by wire transfer on a country by country basis. Each such payment shall be accompanied with a report, providing in reasonable detail an accounting of all Net Sales made during such calendar quarter and the calculation of any royalties due under Section 6.4.

Appears in 4 contracts

Samples: Contract Research and License Agreement (Merus N.V.), Contract Research and License Agreement, Contract Research and License Agreement (Merus N.V.)