Common use of Royalty Reports and Records Clause in Contracts

Royalty Reports and Records. 2.3.1 Duska shall deliver to the Inventors within forty-five (45) days (or 60 days if Duska has entered into a sublicense) after the end of each semi-annual calendar period a written report, certified by the President or Chief Financial Officer of Duska, setting forth the calculation of the royalties due to the Inventors for such calendar quarter. 2.3.2 Duska shall pay the royalties due under Section 3.1 to the Inventors within forty-five (45) days (or 60 days if Duska has entered into a sublicense) following the last day of the semi-annual calendar period in which the royalties accrue.

Appears in 2 contracts

Sources: License and Assignment Agreement (Duska Therapeutics, Inc.), License Agreement (Duska Therapeutics, Inc.)

Royalty Reports and Records. 2.3.1 2.4.1 Duska shall deliver to the Inventors within forty-five (45) 45 days (or 60 days if Duska has entered into a sublicenselicense) after the end of each semi-annual calendar period a written report, certified by the President or Chief Financial Officer of Duska, setting forth the calculation of the royalties due to the Inventors for such calendar quarter. 2.3.2 2.4.2 Duska shall pay the royalties due under Section 3.1 2.2 to the Inventors within forty-five (45) 45 days (or 60 days if Duska has entered into a sublicenselicense) following the last day of the semi-annual calendar period in which the royalties accrue.

Appears in 1 contract

Sources: Development and Assignment Agreement (Duska Therapeutics, Inc.)

Royalty Reports and Records. 2.3.1 2.4.1 Duska shall deliver to the Inventors within forty-five (45) 45 days (or 60 days if Duska has entered into a sublicenselicense) after the end of each semi-annual calendar period a written report, certified by the President or Chief Financial Officer of Duska, setting forth the calculation of the royalties due to the Inventors for such calendar quarter. 2.3.2 2.4.2 Duska shall pay the royalties due under Section 3.1 2.2 to the Inventors within forty-five 45 (45) days (or 60 days if Duska has entered into a sublicenselicense) days following the last day of the semi-annual calendar period in which the royalties accrue.

Appears in 1 contract

Sources: Development and Assignment Agreement (Duska Therapeutics, Inc.)