Common use of Termination Report and Payment Clause in Contracts

Termination Report and Payment. Within sixty (60) days after the date of termination of this Agreement, Licensee shall make a written report to University which report shall state the number, description, and amount of Products sold by Licensee upon which royalties are payable hereunder but which were not previously reported to University, a calculation of the Net Sales, and a calculation of the royalty and other payments due University for such Products, all in such form and containing such substance as is required hereunder. Concurrent with the making of such report, Licensee shall make the payment due University for such period.

Appears in 4 contracts

Samples: Antibody License, Antibody License, Antibody License

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Termination Report and Payment. Within sixty (60) days after the date of termination of this Agreement, Licensee shall make a written report to University which report shall state the number, description, and amount of Products sold by Licensee Licensee, or any Sublicensee upon which royalties are payable hereunder but which were not previously reported to University, a calculation of the Net Sales, and a calculation of the royalty and other payments due University for such Products, all in such form and containing such substance as is required hereunder. Concurrent with the making of such report, Licensee shall make the payment due University for such period.

Appears in 3 contracts

Samples: License Agreement (RespireRx Pharmaceuticals Inc.), Exclusive License Agreement (RespireRx Pharmaceuticals Inc.), Exclusive License Agreement (Cortex Pharmaceuticals Inc/De/)

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Termination Report and Payment. Within sixty (60) days after the date of termination of this Agreement, Licensee shall make a written report to University which report shall state stating the number, description, and amount of Products sold by Licensee or any Sublicensee, upon which royalties are payable hereunder under this Agreement but which were not previously reported to University, a calculation of the Net Wet Sales, and a calculation of the royalty and other payments due University for such Products, all in such form and containing such substance as is required hereunder. by this Agreement and Attachment A. Concurrent with the making of such report, Licensee shall make the payment pay all outstanding amounts due University for such periodUniversity.

Appears in 2 contracts

Samples: Amd Amended Exclusive License Agreement (Xg Sciences Inc), Restated and Amended Exclusive License Agreement (Xg Sciences Inc)

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