Common use of SYNGENTA REPORTS AND PAYMENTS Clause in Contracts

SYNGENTA REPORTS AND PAYMENTS. (a) On or before the 10th day of each month, SYNGENTA shall submit to D&PL a report that summarizes, by PRICING REGION to the extent then known by SYNGENTA, (i) the UNITS of particular cultivars of LICENSED COMMERCIAL SEED, if any, shipped by SYNGENTA or its permitted licensee(s) during the immediately preceding month on which D&PL is entitled to payment of a percentage of the NET TECHNOLOGY FEE REVENUE pursuant to Subsection 3.5, (ii) the gross TECHNOLOGY FEES associated with the UNITS of particular cultivars of LICENSED COMMERCIAL SEED shipped during the immediately preceding month, and (iii) cash payments, discounts, and any other adjustments to gross TECHNOLOGY FEES which were approved for payment or issuance during the immediately preceding month that are deductible in determining NET TECHNOLOGY FEE REVENUE.

Appears in 4 contracts

Samples: License Agreement (Delta & Pine Land Co), License Agreement (Delta & Pine Land Co), License Agreement (Delta & Pine Land Co)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.