Common use of Frequency of Reports Clause in Contracts

Frequency of Reports. On or before January 30, April 30, July 30, and October 30 of each calendar year, Orphan shall deliver to RCT a true and complete written report, showing the items specified in Subsection 2.4.3 below as they pertain to the calendar quarter just ended. Orphan's payment of the earned royalties based on Orphan's, its AFFILIATES', and all SUBLICENSEES' SALE or USE of LICENSED PRODUCTS in the calendar quarter covered by the written report shall accompany the report. If no earned royalties are due, Orphan shall so report. Orphan shall pay all amounts due to RCT under this Agreement in United States currency collectible at par. On or before the date 90 days after the end of the calendar quarter in which this Agreement is terminated, Orphan shall provide to RCT a written report that complies in all respects with this SECTION 2.