Common use of Royalty Reports and Payments Clause in Contracts

Royalty Reports and Payments. After the first sale of a Product on which royalties are payable by a Party hereunder, such Party shall make quarterly written reports to the other Party within sixty (60) days after the end of each calendar quarter, stating in each such report, separately the number, description, and aggregate Net Sales, by territory, of each such Product sold during the calendar quarter upon which a royalty is payable under Section 6.3 or Section 6.4 above, as applicable. Concurrently with the making of such reports, such Party shall pay to the other Party royalties due at the rates specified in Section 6.3 or Section 6.4 above, as applicable.

Royalty Reports and Payments. After the first sale of a Product product on which royalties are payable by a Party hereunder, such Party shall make quarterly written reports to the other Party within sixty (60) days after the end of each calendar quarter, stating in each such report, separately the number, description, and aggregate Net Sales, by territory, of each such Product, Other Biogen Idec Product or Sunesis Product sold during the calendar quarter upon which a royalty is payable under Section 6.3 7.5 or Section 6.4 7.6 above, as applicable. Concurrently with the making of such reports, such Party shall pay to the other Party royalties due at the rates specified in Section 6.3 7.5 or Section 6.4 7.6 above, as applicable.

Royalty Reports and Payments. After the first sale of a Product on which royalties are payable by a Party hereunder, such Party shall make quarterly written reports to the other Party within sixty (60) days [*] after the end of each calendar quarter, stating in each such report, separately the number, description, and aggregate Net Sales, by territory, of each such Product sold during the calendar quarter upon which a royalty is payable under Section 6.3 or Section 6.4 above, as applicable. Concurrently with the making of such reports, such Party shall pay to the other Party royalties due at the rates specified in Section 6.3 or Section 6.4 above, as applicable.

Royalty Reports and Payments. After the first sale of a Product product on which royalties are payable by a Party hereunder, such Party shall make quarterly written reports to the other Party within sixty (60) days after the end of each calendar quarter, stating in each such report, separately the number, description, and aggregate Net Sales, by territory, of each such Product, Other Biogen Idec Product, Reverted Product, Sunesis Product, BIIB062 Product or BIIB062 Reverted Product sold during the calendar quarter upon which a royalty is payable under Section 6.3 7.5 or Section 6.4 7.6 above, as applicable. Concurrently with the making of such reports, such Party shall pay to the other Party royalties due at the rates specified in Section 6.3 7.5 or Section 6.4 7.6 above, as applicable.

Royalty Reports and Payments. After the first sale of a Product product on which royalties are payable by a Party hereunder, such Party shall make quarterly written reports to the other Party within sixty (60) days after the end of each calendar quarter, stating in each such report, separately the number, description, and aggregate Net Sales, by territory, of each such Product, Other Biogen Idec Product, Reverted Product or Sunesis Product sold during the calendar quarter upon which a royalty is payable under Section 6.3 7.5 or Section 6.4 7.6 above, as applicable. Concurrently with the making of such reports, such Party shall pay to the other Party royalties due at the rates specified in Section 6.3 7.5 or Section 6.4 7.6 above, as applicable.

Royalty Reports and Payments. After the first sale of a Product product on which royalties are payable by a Party hereunder, such Party shall make quarterly written reports to the other Party within sixty (60) days after the end of each calendar quarter, stating in each such report, separately the number, description, and aggregate Net Sales, by territorycountry, of each such Product sold during the calendar quarter upon which a royalty is payable under Section 6.3 5.5 above or Section 6.4 above7.3.4 below, as applicable. Concurrently with the making of such reports, such Party shall pay to the other Party royalties due at the rates specified in Section 6.3 or Section 6.4 above5.5 or7.3.4, as applicable.

Royalty Reports and Payments. After the first commercial sale of a Product on which royalties are payable by a Party Party, its Affiliates or Sublicensees hereunder, such Party shall make quarterly written reports to the other Party within sixty ninety (6090) days after the end of each calendar quarter, stating in each such report, separately report the number, description, and aggregate Net Sales, by territory, Sales of each such Product sold during the calendar quarter upon which a royalty is payable under Section 6.3 6.4 or Section 6.4 above6.5, as applicablethe case may be. Concurrently with the making of such reports, such the selling Party shall pay to the other Party royalties due at the rates specified in Section 6.3 6.4 or Section 6.4 above6.5, as applicablethe case may be.

Royalty Reports and Payments. After the first sale of a Product on which royalties are payable by a Party hereunder, such Party shall make quarterly written reports to the other Party within sixty (60) days after the end of each calendar quarter, stating in each such report, separately the number, description, and aggregate Net Sales, by territory, of each such Product sold during the calendar quarter upon which a royalty is payable under Section 6.3 or Section 6.4 above, as applicable15.3. Concurrently with the making of such reports, such Party shall pay to the other Party royalties due at the rates specified in Section 6.3 or Section 6.4 above, as applicable15.3.