Common use of Usage Data, Payment and Acknowledgement Reporting Clause in Contracts

Usage Data, Payment and Acknowledgement Reporting. Subscriber (Licensee) will upload Usage Data to xxx.xxxxxxxxxxxxxx.xxx for this and all PatentBooks under the following conditions: 3.5.1 Data shall not be considered received until such data are accessible by PatentBook Administrator. 3.5.2 The Subscriber (Licensee) shall ensure that on-time receipt requirements are met for all data and EFT that the PatentBook Administrator requires. 3.5.3 Upon receipt of data, the PatentBook Administrator shall transmit an electronic acknowledgment or notification, such as a return receipt or invoice, to communicate to the Subscriber (Licensee) that a successful transmission occurred.