Statements and Payments to Licensor. Within 15 days following the end of each Royalty Period, Licensee will furnish Licensor with a written statement certified by Licensee, of the royalties due to Licensor hereunder for such Royalty Period, setting forth the computation of the royalties. The statement will also include information reasonably necessary to facilitate verification of the royalty calculation and the identification of Licensed Products for which royalties are due. Payment by Licensee will accompany each such statement.
Appears in 2 contracts
Samples: Technology License Agreement (Sun Power Corp), Technology License Agreement (Sun Power Corp)
Statements and Payments to Licensor. Within 15 30 days following the end of each Royalty Period, Licensee will furnish Licensor with a written statement certified by Licensee, of the known royalties due to Licensor hereunder for such the Royalty Period, setting forth the computation of the royalties. The statement will also include information reasonably necessary to facilitate verification of the royalty calculation and the identification of Licensed Products for which royalties are duedue from Licensee. Payment by Licensee will accompany each such statement.
Appears in 2 contracts
Samples: Technology License Agreement, Technology License Agreement (Barnabus Energy, Inc.)
Statements and Payments to Licensor. Within 15 forty-five (45) days following the end of each Royalty Period, Licensee will furnish Licensor with a written statement certified by Licensee, of the known royalties due to Licensor hereunder for such the Royalty Period, setting forth the computation of the royalties, but such a statement will be furnished by Licensee to Licensor only if a royalty amount is actually due by Licensee to Licensor. The statement statement, when furnished, will also include information reasonably necessary to facilitate verification of the royalty calculation and the identification of Licensed Products for which royalties are duedue from Licensee. Payment by Licensee will accompany each such statement.
Appears in 1 contract
Statements and Payments to Licensor. Within 15 forty-five (45) days following the end of each Royalty Period, Licensee will furnish Licensor with a written statement certified by Licensee, of the known royalties due to Licensor hereunder for such the Royalty Period, setting forth the computation of the royalties. The statement will also include information reasonably necessary to facilitate verification of the royalty calculation and the identification of Licensed Products for which royalties are duedue from Licensee. Payment by Licensee will accompany each such statement.
Appears in 1 contract
Samples: Technology License Agreement (Barnabus Energy, Inc.)
Statements and Payments to Licensor. Within 15 days following the end of each Royalty Period, Licensee will furnish Licensor with a written statement certified by Licensee, of the royalties due to Licensor hereunder for such the Royalty Period, setting forth the computation of the royalties. The statement will also include information reasonably necessary to facilitate verification of the royalty calculation and the identification of Licensed Products for which royalties are due. Payment by Licensee will accompany each such statement.
Appears in 1 contract
Statements and Payments to Licensor. Within 15 30 days following the end of each Royalty Period, Licensee will furnish Licensor with a written statement certified by Licensee, of the royalties due to Licensor hereunder for such Royalty Period, setting forth the computation of the royalties. The statement will also include information reasonably necessary to facilitate verification of the royalty calculation and the identification of Licensed Products the products for which royalties are due. Payment by Licensee will accompany each such statement.
Appears in 1 contract