Dates of Payment. The royalties payable by MRG to MiniMed pursuant to Section 3.4 shall be paid on or before the forty-fifth (45th) day following the end of each calendar quarter and shall be computed with respect to all Licensed Pump Sales during such quarterly period.
Appears in 2 contracts
Sources: Implantable Pump License and Distribution Agreement (Minimed Inc), Implantable Pump License and Distribution Agreement (Minimed Inc)