Royalty Procedures. 6.1 Licensee shall keep true and accurate records and books of account containing all data necessary for the calculation of royalties payable to Biologics. Such records and books of account shall, upon reasonable notice having been given by Biologics be open for inspection by Biologics or its duly authorised representative.
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Samples: Licence Agreement (Inhibitex Inc), Licence Agreement (Inhibitex Inc)
Royalty Procedures. 6.1 Licensee shall keep true and accurate records and books of account containing all data necessary for the calculation of royalties payable to Biologics. Such records and books of account shall, upon reasonable notice having been given by Biologics Biologics, be open at all reasonable times during business hours for inspection by Biologics or its duly authorised representative.
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Royalty Procedures. 6.1 Licensee shall keep true and accurate records and books of account containing all data alldata necessary for the calculation of royalties payable to Biologics. Such records and books of account shall, upon reasonable notice having been given by Biologics Biologics, be open at all reasonable times during business hours for inspection by Biologics or its duly authorised representative.
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