Common use of Accounts and Reporting Clause in Contracts

Accounts and Reporting. Healthnet shall maintain records of all transactions and purchases performed using the Software (the "Accounting Information"). Healthnet shall supply the Accounting Information in a form defined by Healthnet from time to time, within thirty working days of the end of each month. No fees are payable for Healthnet regularly 6 <PAGE> providing Accounting Information to the Licensee for the purpose of calculating Gross Revenues and any fees payable by Licensee. The Accounting Information shall be delivered either by facsimile or by e-mail. Healthnet shall provide 24-hour, 7-days per week access to on-line tracking of Web Site statistics. The Accounting Information and the Web Site statistics are the Confidential Information of the Licensee and except as provided for herein, Healthnet shall not use them without the written consent of the Licensee. Notwithstanding any provision to the contrary herein, Healthnet shall have the right to use the Accounting Information and the Web Site statistics in an aggregated form and provided no specific information about the Licensee is disclosed. Healthnet shall have the right but not the obligation to archive and maintain the accounting information for a period of 2 fiscal years. 5.7

Appears in 1 contract

Sources: Software Licensing Agreement

Accounts and Reporting. Healthnet shall maintain records of all transactions and purchases performed using the Software (the "Accounting Information"). Healthnet shall supply the Accounting Information in a form defined by Healthnet from time to time, within thirty working days of the end of each month. No fees are payable for Healthnet regularly 6 <PAGE> providing Accounting Information to the Licensee for the purpose of calculating Gross Revenues and any fees payable by Licensee. The Accounting Information shall be delivered either by facsimile or by e-mail. Healthnet shall provide 24-hour, 7-days per week access to on-line tracking of Web Site statistics. The Accounting Information and the Web Site statistics are the Confidential Information of the Licensee and except as provided for herein, Healthnet shall not use them without the written consent of the Licensee. Notwithstanding any provision to the contrary herein, Healthnet shall have the right to use the Accounting Information and the Web Site statistics in an aggregated form and provided no specific information about the Licensee is disclosed. Healthnet shall have the right but not the obligation to archive and maintain the accounting information for a period of 2 fiscal years. 5.7.

Appears in 1 contract

Sources: Software Licensing Agreement (Newsgurus Com Inc)