Common use of Forecast Reports Clause in Contracts

Forecast Reports. Within [***] of the close of each [***], Rain shall deliver report specifying a good faith estimated Net Sales, royalties and sales milestones to be paid to Daiichi Sankyo for each of the next [***]. Rain shall send the first such report within [***] of receiving the first Marketing Approval anywhere in the Territory, provided that such first report shall include a forecast of Net Sales for the next [***].

Appears in 2 contracts

Sources: License Agreement (Rain Therapeutics Inc.), License Agreement (Rain Therapeutics Inc.)