Payment Statements. Within forty-five (45) days of the end of each fiscal quarter, Licensee shall render to SFDC a statement of account documenting the number of subscriptions or licenses to the Japan Service sold by Licensee and Distributors to Customers during such fiscal quarter and SFDC’s licensing proceeds for such fiscal quarter. Licensee shall, at SFDC’s option, accompany such statements with a check or wire funds to a bank account specified by SFDC in payment of the amount due for such calendar quarter.
Appears in 2 contracts
Sources: License Agreement, License Agreement (Salesforce Com Inc)