Common use of STATEMENTS AND PAYMENTS OF ROYALTIES Clause in Contracts

STATEMENTS AND PAYMENTS OF ROYALTIES. A. Licensee agrees to furnish to Disney by the 30th day after each Royalty Payment Period full and accurate statements on statement forms Disney 21 designates for Licensee's use, showing all information requested by such forms, including but not limited to, the quantities, Net Invoiced Billxxxx xxx applicable Royalty rate(s) of Articles invoiced during the preceding Royalty Payment Period, and the quantities and invoice value of Articles returned for credit or refund in such period. At the same time Licensee %kill pay Disney all Royalties due on billxxxx xxxwn by such statements. To the extent that any Royalties are not paid, Licensee authorizes Disney to offset Royalties due against any sums which Disney or any of Disney's Affiliates may owe to Licensee or any of Licensee's Affiliates. No deduction or withholding from Royalties payable to Disney shall be made by reason of any tax. Any applicable tax on the manufacture, distribution and sale of the Articles shall be borne by Licensee.

Appears in 2 contracts

Samples: License Agreement (Hedstrom Holdings Inc), License Agreement (Ero Marketing Inc)

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STATEMENTS AND PAYMENTS OF ROYALTIES. A. Licensee agrees to furnish to Disney by the 30th 25th day after each Royalty Payment Period full and accurate statements on statement forms Disney 21 designates for Licensee's use, showing all information requested by such forms, including but not limited to, the quantities, Net Invoiced Billxxxx xxx applicable Royalty rate(s) of Articles invoiced during the preceding Royalty Payment Period, and the quantities and invoice value of Articles returned for credit or refund in such period. At the same time Licensee %kill will pay Disney all Royalties and CMF payments (if applicable) due on billxxxx xxxwn by such statements. To the extent that any Royalties or CMF payments are not paid, Licensee authorizes Disney to offset Royalties and/or CMF payments due against any sums which Disney or any of Disney's Affiliates may owe to Licensee or any of Licensee's Affiliates. No deduction or withholding from Royalties payable to Disney shall be made by reason of any tax. Any applicable tax on the manufacture, distribution and sale of the Articles shall be borne by Licensee.

Appears in 1 contract

Samples: License Agreement (First Years Inc)

STATEMENTS AND PAYMENTS OF ROYALTIES. A. Licensee agrees to furnish to Disney by the 30th 25th day after each Royalty Payment Period full and accurate statements on statement forms Disney 21 designates for Licensee's use, showing all information requested by such formsforms separately for each Property licensed hereunder, including but not limited to, the name of the subject Property, the quantities, Net Invoiced Billxxxx xxx applicable Royalty rate(s) of Articles using Licensed Material from such Property invoiced during the preceding Royalty Payment Period, and the quantities and invoice value of Articles returned for credit or refund in such period. At the same time Licensee %kill will pay Disney all Royalties and CMF payments (if applicable) due on billxxxx xxxwn by such statements. To the extent that any Royalties or CMF payments are not paid, Licensee authorizes Disney to offset Royalties and/or CMF payments due against any sums which Disney or any of Disney's Affiliates may owe to Licensee or any of Licensee's Affiliates. No deduction or withholding from Royalties payable to Disney shall be made by reason of any tax. Any applicable tax on the manufacture, distribution and sale of the Articles shall be borne by Licensee.

Appears in 1 contract

Samples: License Agreement (Crown Crafts Inc)

STATEMENTS AND PAYMENTS OF ROYALTIES. A. Licensee agrees to furnish to Disney by the 30th day after each Royalty Payment Period full and accurate statements on statement forms Disney 21 designates for Licensee's use, showing all information requested by such forms, including but not limited to, the quantities, Net Invoiced Billxxxx xxx Bxxxxxxx and applicable Royalty rate(s) of Articles invoiced during the preceding Royalty Payment Period, and the quantities and invoice value of Articles returned for credit or refund in such period. At the same time Licensee %kill pay Disney all Royalties due on billxxxx xxxwn bxxxxxxx shown by such statements. To the extent that any Royalties are not paid, Licensee authorizes Disney to offset Royalties due against any sums which Disney or any of Disney's Affiliates may owe to Licensee or any of Licensee's Affiliates. No deduction or withholding from Royalties payable to Disney shall be made by reason of any tax. Any applicable tax on the manufacture, distribution and sale of the Articles shall be borne by Licensee.

Appears in 1 contract

Samples: License Agreement (Hedstrom Holdings Inc)

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STATEMENTS AND PAYMENTS OF ROYALTIES. A. Licensee agrees to furnish to Disney by the 30th day after each Royalty Payment Period full and accurate statements on statement forms Disney 21 designates for Licensee's use, showing all information requested by such forms, including but not limited to, the quantities, Net Invoiced Billxxxx xxx applicable Royalty rate(s) of Articles invoiced during the preceding Royalty Payment Period, and the quantities and invoice value of Articles returned for credit or refund in such period. At the same time Licensee %kill will pay Disney all Royalties due on billxxxx xxxwn by such statements. To the extent that any Royalties are not paid, Licensee authorizes Disney to offset Royalties due against any sums which Disney or any of Disney's Affiliates may owe to Licensee or any of Licensee's Affiliates. No deduction or withholding from Royalties payable to Disney shall be made by reason of any tax. Any applicable tax on the manufacture, distribution and sale of the Articles shall be borne by Licensee.

Appears in 1 contract

Samples: License Agreement (First Years Inc)

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