Examples of Royalty Reports in a sentence
Payment of any such royalties due shall accompany such Royalty Reports.
LICENSEE must provide to the REGENTS the completed LICENSEE contact information form attached hereto as APPENDIX B concurrent to execution of this AGREEMENT and incorporated herein by this reference, showing the contacts responsible for (i) Patent Prosecution, (ii) Progress Reports, (iii) Royalty Reports, and (iv) Invoices.
Royalty Reports shall disclose the amount of LICENSED PRODUCT(S) and LICENSED SERVICE(S) sold, the total NET SALES and NET SERVICE REVENUES of such LICENSED PRODUCT(S) and LICENSED SERVICE(S), and the running royalties due to JHU as a result of NET SALES and NET SERVICE REVENUES by Company, AFFILIATED COMPANIES and SUBLICENSEE(S) thereof.
The contents of such Royalty Reports shall be deemed to be Licensee’s Confidential Information.
The records will be reviewed solely to verify the accuracy of the Sales & Royalty Reports.