Reports and Payments definition

Reports and Payments. For royalties payable by one Party to another Party under this Article V, the Party obligated to pay such royalty shall deliver to the Party to which such obligation is owed, within [*] after the end of each calendar quarter, a royalty report together with the required royalty payment. Such reports shall indicate Net Sales on a product-by-product and country-by-country basis and the calculation of royalties from Net Sales. With respect to all sales of Licensed Products, the Net Sales and royalties payable shall be expressed in United States Dollars, and such reports shall include the rates of exchange used to convert Net Sales to United States Dollars from the currency in which such sales were made. The exchange rate to be used for converting Net Sales to United States Dollars shall be rates used in the reporting Party's financial statements or, if such rates are not available, the rates for United States Dollars in the Foreign Exchange Rate - Currency Trading Chart reported in the East Coast Edition of the Wall Street Journal for the last business day of the calendar quarter to which the report relates. All milestone and royalty payments shall be made in United States Dollars by wire transfer to a bank designated in advance by the Party to which such payment is owed as applicable.
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Reports and Payments. You agree to furnish license fee reports and payments to us as follows:
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Examples of Reports and Payments in a sentence

  • D.1.1 The Recipient must give the Commonwealth the Progress Reports, the Activity Completion Report and Project Completion Report by the times specified in the Table of Milestones, Reports and Payments relating to the Activity at Annexure A.

  • With respect to such royalties, (i) Section 6.4 (Reports and Payments), 6.5 (Taxes), and 6.6 (Audits) shall apply to the royalties on net sales of the Second Product to the same extent such Sections apply to Net Sales of Licensed Products, and (ii) net sales of the Second Product shall be determined in a manner consistent with the determination of Net Sales of Licensed Products.

  • Except as set forth in subsections (a)-(b) of this Section 5.3, the provisions of Section 5 (Royalties, Reports and Payments) shall apply to Licensed Products Shipped by Licensee or Licensee Affiliates prior to the Effective Date (hereafter, "Previously- Shipped Products") to the same extent such provisions apply to Licensed Product.

  • Company will submit a revised sales-out report and pay in accordance with Section 3 (Reports and Payments).

  • Except as set forth in subsections (a)-(c) of this Section 5.3, the provisions of Section 5 (Royalties, Reports and Payments) shall apply to Licensed Products Shipped by Licensee or Licensee Affiliates prior to the Effective Date (hereafter, "Previously-Shipped Products") to the same extent such provisions apply to Licensed Product.

  • The following provisions will survive expiration or termination of this Agreement: Sections 1(Definitions); 5.4.2 to 5.4.6 (Reports and Payments); 5.5 (Maintenance and Audit Rights); 7 (Confidentiality); 8 (Representations and Warranties); 9.3 to 9.8 (Effect of Termination); 10 (Limitation on liabilities) and 11 (Miscellaneous).

  • Subcontractor shall comply with the CFCHS Exception Reports and Payments Memo originated on November 1, 2016 and updated periodically, as needed.

  • The terms of the following sections from Article 8 shall apply to J▇▇▇▇▇▇, mutatis mutandis: section 8.4 (Reports and Payments); section 8.5 (Audits); section 8.6 (Income Tax Withholding); section 8.7 (Currency Restrictions); section 8.9 (Interest); and section 8.10 (Payments).

  • Except as set forth in subsections (a)-(c) of this Section 6.3, the provisions of Section 6 (Royalties, Reports and Payments) shall apply to Licensed Products Shipped by or for Licensee Parties prior to the Effective Date (hereafter, "Previously-Shipped Products") to the same extent such provisions apply to Licensed Product.

  • In addition to any provision of this Agreement that expressly survives the termination of this Agreement or expiration of the LICENSED PATENTS, the provisions of SECTIONS 2.4 ("Periodic Reports and Payments"), 2.5 ("Books and Records") and 6.5 and ARTICLE VII shall survive the termination of this Agreement.