Timely Reports. LICENSEE acknowledges the important value that timely reporting provides in the UNIVERSITY's effective management of its rights under this Agreement. LICENSEE further acknowledges that failure to render the reports required under this Section 4.1 may harm UNIVERSITY's ability to manage its rights under this Agreement. As such, reports not submitted by the required due date under this Section 4.1 will cause to be due by LICENSEE to UNIVERSITY a late reporting fee of five hundred dollars (US$500.00) per month until such report, compliant with the requirements of this Section 4.1, is received by UNIVERSITY. Payment of this fee is subject to Section 4.3, Section 7.1 and Paragraph 10.1 herein.
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Samples: License Agreement (ComHear, Inc.), License Agreement
Timely Reports. LICENSEE acknowledges the important value that timely reporting provides in the UNIVERSITY's ’s effective management of its rights under this Agreement. LICENSEE further acknowledges that failure to render the reports required under this Section Paragraph 4.1 may harm UNIVERSITY's ’s ability to manage its rights under this Agreement. As such, reports not submitted by the required due date under this Section Paragraph 4.1 will cause to be due by LICENSEE to UNIVERSITY a late reporting fee of five hundred dollars (US$500.00) […***…] per month until such report, compliant with the requirements of this Section Paragraph 4.1, is received by UNIVERSITY. Payment of this fee is subject to Section Paragraph 4.3, Section Paragraph 7.1 and Paragraph 10.1 herein.
Appears in 2 contracts
Samples: License Agreement (Horizon Pharma PLC), License Agreement (Horizon Pharma PLC)
Timely Reports. LICENSEE acknowledges the important value that timely reporting provides in the UNIVERSITY's effective management of its rights under this Agreement. LICENSEE further acknowledges that failure to render the reports required under this Section Paragraph 4.1 may harm UNIVERSITY's ability to manage its rights under this Agreement. As such, reports not submitted by the required due date under this Section Paragraph 4.1 will cause to be due by LICENSEE to UNIVERSITY a late reporting fee of five hundred dollars (US$500.00) […***…] per month until such report, compliant with the requirements of this Section Paragraph 4.1, is received by UNIVERSITY. Payment of this fee is subject to Section Paragraph 4.3, Section Paragraph 7.1 and Paragraph 10.1 herein.. ***Confidential Treatment Requested
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Timely Reports. LICENSEE acknowledges the important value that timely reporting provides in the UNIVERSITY's effective management of its rights under this Agreement. LICENSEE further acknowledges that failure to render the reports required under this Section Paragraph 4.1 may harm UNIVERSITY's ability to manage its rights under this Agreement. As such, reports not submitted by the required due date under this Section Paragraph 4.1 will cause to be due by LICENSEE to UNIVERSITY a late reporting fee of five hundred dollars (US$500.00) per month quarter until such report, compliant with the requirements of this Section Paragraph 4.1, is received by UNIVERSITY. Payment of this fee is subject to Section Paragraph 4.3, Section Paragraph 7.1 and Paragraph 10.1 herein.
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Timely Reports. LICENSEE acknowledges the important value that timely reporting provides in the UNIVERSITY's ’s effective management of its rights under this Agreement. LICENSEE further acknowledges that failure to render the reports required under this Section Paragraph 4.1 may harm UNIVERSITY's ’s ability to manage its rights under this Agreement. As such, reports not submitted by the required due date under this Section Paragraph 4.1 will cause to be due by LICENSEE to UNIVERSITY a late reporting fee of five hundred dollars (US$500.00) [***] per month until such report, compliant with the requirements of this Section Paragraph 4.1, is received by UNIVERSITY. Payment of this fee is subject to Section Paragraph 4.3, Section Paragraph 7.1 and Paragraph 10.1 herein.
Appears in 1 contract
Samples: License Agreement (Horizon Therapeutics Public LTD Co)
Timely Reports. LICENSEE acknowledges the important value that timely reporting provides in the UNIVERSITY's ’s effective management of its rights under this Agreement. LICENSEE further acknowledges that failure to render the reports required under this Section 4.1 may harm UNIVERSITY's ’s ability to manage its rights under this Agreement. As such, reports not submitted by the required due date under this Section 4.1 will cause to be due by LICENSEE to UNIVERSITY a late reporting fee of five hundred dollars (US$500.00) […***…] per month until such report, compliant with the requirements of this Section 4.1, is received by UNIVERSITY. Payment of this fee is subject to Section 4.3, Section 7.1 and Paragraph 10.1 herein.
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Timely Reports. LICENSEE acknowledges the important value that timely reporting provides in the UNIVERSITY's ’s effective management of its rights under this Agreement. LICENSEE further acknowledges that failure to render the reports required under this Section Paragraph 4.1 may harm UNIVERSITY's ’s ability to manage its rights under this Agreement. As such, reports not submitted by the required due date under this Section Paragraph 4.1 will cause to be due by LICENSEE to UNIVERSITY a late reporting fee of five hundred dollars (US$500.00) per month until such report, compliant with the requirements of this Section Eff. 4/18/12 OAL FINAL Paragraph 4.1, is received by UNIVERSITY. Payment of this fee is subject to Section 4.3, Section 7.1 Paragraph 4.3 and Paragraph 10.1 herein.
Appears in 1 contract
Samples: License Agreement (GTX Inc /De/)
Timely Reports. LICENSEE acknowledges the important value that timely reporting provides in the UNIVERSITY's effective management of its rights under this Agreement. LICENSEE further acknowledges that failure to render the reports required under this Section Paragraph 4.1 may harm UNIVERSITY's ability to manage its rights under this Agreement. As such, reports not submitted by the required due date under this Section Paragraph 4.1 will cause to be due by LICENSEE to UNIVERSITY a late reporting fee of five hundred dollars (US$500.00) [*****] per month until such report, compliant with the requirements of this Section Paragraph 4.1, is received by UNIVERSITY. Payment of this fee is subject to Section Paragraph 4.3, Section Paragraph 7.1 and Paragraph 10.1 herein.
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Timely Reports. LICENSEE acknowledges the important value that timely reporting provides in the UNIVERSITY's ’s effective management of its rights under this Agreement. LICENSEE further acknowledges that failure to render the reports required under this Section 4.1 may harm UNIVERSITY's ’s ability to manage its rights under this Agreement. As such, reports not submitted by the required due date under this Section 4.1 will cause to be due by LICENSEE to UNIVERSITY a late reporting fee of five hundred dollars (US$500.00) per month […***…] until such report, compliant with the requirements of this Section 4.1, is received by UNIVERSITY. Payment of this fee is subject to Section 4.3, Section 7.1 and Paragraph 10.1 herein.
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Timely Reports. LICENSEE acknowledges the important value that timely reporting provides in the UNIVERSITY's ’s effective management of its rights under this Agreement. LICENSEE further acknowledges that failure to render the reports required under this Section 4.1 may harm UNIVERSITY's ’s ability to manage its rights under this Agreement. As such, reports not submitted by the required due date under this Section 4.1 will cause to be due by LICENSEE to UNIVERSITY a late reporting fee of five hundred dollars (US$500.00) per month until such report, compliant with the requirements of this Section 4.1, is received by UNIVERSITY. Payment of this fee is subject to Section 4.3, Section 7.1 and Paragraph 10.1 herein.
Appears in 1 contract
Samples: License Agreement
Timely Reports. LICENSEE acknowledges the important value that timely reporting provides in the UNIVERSITY's ’s effective management of its rights under this Agreement. LICENSEE further acknowledges that failure to render the reports required under this Section 4.1 may harm UNIVERSITY's ’s ability to manage its rights under this Agreement. As such, reports not submitted by the required due date under this Section 4.1 will cause to be due by LICENSEE to UNIVERSITY a late reporting fee of five hundred dollars (US$500.00) [***] per month until such report, compliant with the requirements of this Section 4.1, is received by UNIVERSITY. Payment of this fee is subject to Section 4.3, Section 7.1 and Paragraph 10.1 herein.
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