Sales & Royalty Report definition
Sales & Royalty Report means a written report or reports showing on a Product-by-Product and country-by-country basis each of: (a) the gross recognized amount for each Product in the Licensed Territory during the reporting period by HGS and its Affiliates and sublicensees; (b) the deductions taken in calculating Net Sales for each Product during such reporting period, and the Net Sales for each such Product; (c) any applicable currency conversions; and (d) the royalties payable with respect to such Net Sales in United States Dollars.
Sales & Royalty Report means a written report or reports showing each of:
Sales & Royalty Report means a written report or reports showing each of: (a) the Net Sales of each Product in the Territory during the reporting period by Novartis and its Affiliates and Sublicensees and the calculation thereof and (b) the royalties payable, in United States Dollars, which shall have accrued hereunder with respect to such Net Sales.
Examples of Sales & Royalty Report in a sentence
Novartis shall provide Licensor with written notice of the achievement of: (i) Early R&D Milestone Event [***] achieved by Novartis and each Development and Regulatory Milestone Event within [***] after such achievement; and (ii) each Sales Milestone Event as part of the Sales & Royalty Report [***] in which such Sales Milestone Event was achieved.
More Definitions of Sales & Royalty Report
Sales & Royalty Report shall have the meaning set forth in Clause 8.4.
Sales & Royalty Report has the meaning set forth in the Financial Exhibit.
Sales & Royalty Report means a written report or reports showing each of: (a) the date of a First Commercial Sale for each Product in each country in each Commercial Territory, (b) the amount of Net Sales in local currency and in USD, of each Product in the Commercial Territories on a country-by-country basis, during the applicable reporting period by Novartis and its Affiliates and their respective sublicensees; (c) the royalties payable, in CHF, which shall have accrued hereunder with respect to such Net Sales; and (d) any amounts received by Novartis, its Affiliates, or their sublicensees [***].
Sales & Royalty Report means a written report or reports showing each of: (a) the gross and Net Sales of each Product, on a country-by-country basis, during the reporting period by resTORbio and its Affiliates and sublicensees (in all cases itemizing the various deductions taken from gross to compute Net Sales as set forth in the definition of Net Sales, above); (b) the royalties payable, in USD, which will have accrued hereunder with respect to such Net Sales; and (c) if sales include any Combination Therapy, the methodology and data used to determine Net Sales as set forth in the Net Sales definition.
Sales & Royalty Report has the meaning set forth in Section 5.2.4.
Sales & Royalty Report means, with respect to the Marathon Suspension Product during the Royalty Term, a written report or reports showing each of the following (in US Dollars) with respect to the Marathon Suspension Product in the Territory: [**].
Sales & Royalty Report means, with respect to the PTC Suspension Product during the Royalty Term, a written report or reports showing each of the following (in US Dollars) with respect to the PTC Suspension Product in the Territory: [**].