STATEMENTS AND PAYMENTS OF ROYALTIES Sample Clauses

The "Statements and Payments of Royalties" clause establishes the obligation for one party, typically a licensee, to provide regular reports detailing the sales or usage of licensed products and to remit corresponding royalty payments to the licensor. In practice, this clause specifies the frequency and format of royalty statements, the calculation method for royalties owed, and the deadlines for payment. By setting clear procedures for reporting and payment, the clause ensures transparency and accountability, helping to prevent disputes over financial obligations and ensuring the licensor receives appropriate compensation.
STATEMENTS AND PAYMENTS OF ROYALTIES. A. Licensee agrees to furnish to Disney by the 30th day after each Royalty Payment Period full and accurate statements on statement forms Disney 21 designates for Licensee's use, showing all information requested by such forms, including but not limited to, the quantities, Net Invoiced Bill▇▇▇▇ ▇▇▇ applicable Royalty rate(s) of Articles invoiced during the preceding Royalty Payment Period, and the quantities and invoice value of Articles returned for credit or refund in such period. At the same time Licensee %kill pay Disney all Royalties due on bill▇▇▇▇ ▇▇▇wn by such statements. To the extent that any Royalties are not paid, Licensee authorizes Disney to offset Royalties due against any sums which Disney or any of Disney's Affiliates may owe to Licensee or any of Licensee's Affiliates. No deduction or withholding from Royalties payable to Disney shall be made by reason of any tax. Any applicable tax on the manufacture, distribution and sale of the Articles shall be borne by Licensee. B. The statement forms Disney designates for Licensee's use may be changed from time to time, and Licensee agrees to use the most current form Disney provides to Licensee. Licensee agrees to fully comply with all instructions supplied by Disney for completing such forms. C. In addition to the other information requested by the statement forms, Licensee's statement shall with respect to all Articles report separately: (1) F.O.B. In Sales; (2) F.O.B. Out Sales, (3) if licensed hereunder, sales of Articles using Licensed Material consisting of animated characters (separately reported by SKU and character); (4) if licensed hereunder, sales of Articles using Licensed Material consisting of live action characters from the motion picture referenced in Subparagraph 1.B. (separately reported by SKU and character); (5) sales of Articles outside the Territory pursuant to a distribution permission (indicating the country involved); (6) Licensee's sales of Articles to any of Disney's licensees or Disney's Affiliates' licensees who are licensed to sell the Articles, and who are reselling such Articles and paying Disney royalties on such resales; 22 (7) sales of Articles to Disney or any of Disney's Affiliates; (8) sales of Articles to Licensee's or Disney's employees; (9) sales of Articles under any brand or program identified in Subparagraph 1.B. hereinabove, (10) sales of Articles to or for distribution through any mail order catalogs approved under this Agreement. D. Sales of items lice...
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STATEMENTS AND PAYMENTS OF ROYALTIES. A. You agree to furnish to us by the 30th day after each Royalty Payment Period full and accurate statements on statement forms we designate for your use, showing all information requested by such forms, including but not limited to, the quantities, Net Invoiced Bill▇▇▇▇ ▇▇▇ applicable Royalty rate(s) of Articles invoiced during the preceding Royalty Payment Period, and the quantities and invoice value of Articles returned for credit or refund in such period. At the same time you will pay us all Royalties due on bill▇▇▇▇ ▇▇▇wn by such statement. To the extent that any Royalties are not paid, you authorize us to offset Royalties due against any sums which we or any Affiliate of ours may owe to you or any Affiliate of yours. No deduction or withholding from Royalties payable to us shall be made by reason of any tax. Any applicable tax on the manufacture, distribution and sale of the Articles shall be borne by you. B. The statement forms we designate for our use may be changed from time to time, and you agree to use the most current form we provide to you. You agree to fully comply with all instructions supplied by us for completing such forms. C. In addition to the other information requested by the statement forms, your statement shall with respect to all Articles report separately: (1) F.O.B. In Sales; (2) F.O.B. Out Sales; (3) sales of Articles outside the Territory pursuant to a distribution permission (indicating the country involved); (4) your sales of Articles as a supplier to any of our or our licensees or our Affiliates' licensees for the Articles (which sales shall not generate Royalties payable to us so long as such licensees are reselling the Articles and paying us royalties on such resales); (5) sales of Articles to us or any Affiliate of ours; (6) sales of Articles to your or our employees; (7) sales of Articles under any brand or program identified in Subparagraph 1.B. hereinabove. D. Sales of items licensed under contracts with us other than this Agreement shall not be reported on the same statement as sales of Articles under this Agreement. E. Your statements and payments shall be delivered to The Walt Disney Company, P.O. ▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇. However, Advances should be mailed directly to the Contract Administrator at 500 ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇. ▇ copy of each statement must be sent to us at 500 ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇, ▇▇ the attention of the Contract Adminis...
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STATEMENTS AND PAYMENTS OF ROYALTIES. A. You agree to furnish to us by the 30th day after each Royalty Payment Period a full and accurate statement showing by Article, with stock number and item description, the quantities, Net Invoiced Bill▇▇▇▇ ▇▇▇ applicable Royalty rate(s) of Articles invoiced during the preceding Royalty Payment Period, and the quantities and invoice value of Articles returned for credit or refund in such period. At the same time you will pay us all Royalties due on bill▇▇▇▇ ▇▇▇wn by such statement. To the extent that any Royalties are not paid, you authorize us to offset Royalties due against any sums which we or any subsidiary of ours may owe to you or any parent, subsidiary or Affiliate of yours. No deduction or withholding from Royalties payable to us shall be made by reason of any tax. Any applicable tax on the manufacture, distribution and sale of the Articles shall be borne by you. B. If we at any time so request, your statements shall be made on statement forms which we shall provide, and you will fully comply with the instructions supplied by us for completing such forms. Except as otherwise agreed in writing, such statements shall separately reflect the sales and applicable Royalties for each individual Article. Apparel Articles shall be reported separately by size range (e.g., "boys'", "girls'", "men's", etc.
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STATEMENTS AND PAYMENTS OF ROYALTIES. A. Licensee agrees to furnish to Disney by the 30th day after each Royalty Payment Period full and accurate statements on statement forms Disney designates for Licensee's use, showing all information requested by such forms, including but not limited to, the quantities, Net Invoiced Bill▇▇▇▇ ▇▇▇ applicable Royalty rate(s) of Articles invoiced during the preceding Royalty Payment Period, and the quantities and invoice value of Articles returned for credit or refund in such period. At the same time Licensee will pay Disney all Royalties due on bill▇▇▇▇ ▇▇▇wn by such statements. To the extent that any Royalties are not paid, Licensee authorizes Disney to offset Royalties due against any sums which Disney or any of Disney's Affiliates may owe to Licensee or any of Licensee's Affiliates. No deduction or withholding from Royalties payable to Disney shall be made by reason of any tax. Any applicable tax on the manufacture, distribution and sale of the Articles shall be borne by Licensee.
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STATEMENTS AND PAYMENTS OF ROYALTIES. In addition to the information required in Paragraph 20 of the Agreement, Licensee must separately report sales of Articles by SKU and character. When signed by both parties, this shall constitute a binding Schedule subject to the terms of the Agreement. DISNEY ENTERPRISES, INC. CROWN CRAFTS, INC. By: /s Stev▇ ▇▇▇▇▇▇▇ By: /s/ E. Rand▇▇▇ ▇▇▇▇▇▇▇▇ -------------------------------- ----------------------------------- Title: Vice President Licensing Title: Vice President ----------------------------- -------------------------------- Date: April 24, 1998 ------------------------------ ----------------------------- (222) Confidential portions omitted and filed separately with the Commission. Schedule to License Agreement 1. Schedule #13 to License Agreement Dated January 1, 1998 between Disney Enterprises, Inc. and CROWN CRAFTS, INC. ("Agreement"). 2. Effective date of this Schedule: January 1, 1998. 3. Termination date of this Schedule: December 31, 2000. 4. Licensed Material: Characters from the Disney animated motion picture to be released for Summer 1999 (to be determined), but only such characters and depictions of such characters, and accompanying design elements, as may be designated by Disney.
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STATEMENTS AND PAYMENTS OF ROYALTIES. In addition to the information required in Paragraph 20 of the Agreement, Licensee must separately report sales of Articles by SKU and character. When signed by both parties, this shall constitute a binding Schedule subject to the terms of the Agreement. DISNEY ENTERPRISES, INC. CROWN CRAFTS, INC. By: /s/ Stev▇ ▇▇▇▇▇▇▇ By: /s/ E. Rand▇▇▇ ▇▇▇▇▇▇▇▇ ------------------------------- ---------------------------------- Title: Vice President Licensing Title: Vice President ---------------------------- ------------------------------- Date: April 24, 1998 ----------------------------- -------- (234) Confidential portions omitted and filed separately with the Commission. 75 Schedule to License Agreement 1. Schedule #15 to License Agreement Dated January 1, 1998 between Disney Enterprises, Inc. and CROWN CRAFTS, INC. ("Agreement"). 2. Effective date of this Schedule: January 1, 1998. 3. Termination date of this Schedule: December 31, 2000. 4. Licensed Material: DISNEY CLASSICS, comprised of the following properties (collectively, the "Disney Classics Properties"): (1) WALT ▇▇▇▇▇▇'▇ ▇▇▇BI characters, but only such characters and depictions of such characters, and accompanying design elements, as may be designated by Disney; (2) WALT ▇▇▇▇▇▇'▇ ▇▇▇EPING BEAUTY characters, but only such characters and depictions of such characters, and accompanying design elements, as may be designated by Disney; (3) WALT ▇▇▇▇▇▇'▇ ▇▇▇W WHITE AND THE SEVEN DWARFS characters, but only such characters and depictions of such characters, and accompanying design elements, as may be designated by Disney; (4) WALT ▇▇▇▇▇▇'▇ ▇▇▇ JUNGLE BOOK characters, but only such characters and depictions of such characters, and accompanying design elements, as may be designated by Disney; (5) WALT ▇▇▇▇▇▇'▇ ▇▇▇DERELLA characters, but only such characters and depictions of such characters, and accompanying design elements, as may be designated by Disney; (6) WALT ▇▇▇▇▇▇'▇ ▇▇▇BO characters, but only such characters and depictions of such characters, and accompanying design elements, as may be designated by Disney; (7) WALT ▇▇▇▇▇▇'▇ ▇▇▇Y AND THE TRAMP characters, but only such characters and depictions of such characters, and accompanying design elements, as may be designated by Disney; (8) WALT ▇▇▇▇▇▇'▇ ▇▇▇OCCHIO characters, but only such characters and depictions of such characters, and accompanying design elements, as may be designated by Disney; (9) WALT ▇▇▇▇▇▇'▇ ▇▇▇C▇ ▇▇ WONDERLAND characters, but only such cha...
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STATEMENTS AND PAYMENTS OF ROYALTIES. (a) The Publisher shall keep accurate books of account and records, and shall send to the Proprietor accurate statements of account s in the English language, showing the title and author of the Translation, the date of the first and any subsequent printings, the total number of copies printed, the Publisher's retail catalogue price, the number of copies sold during the re porting period, the cumulative total of sales a nd the number of copies remaining on hand . The Publis her shall also provide the Proprietor with all other relevant in formation and documentation, which the Proprietor may reasonably require.
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STATEMENTS AND PAYMENTS OF ROYALTIES. In addition to the information requested pursuant to Paragraph 20 of the Agreement, Licensee shall separately report all information required under the Agreement regarding the Disney's Princess Property, and may report collectively for all of the other Disney Classics Properties. SCHEDULE TO LICENSE AGREEMENT 1. Schedule #3 to License Agreement Dated August 1, 2000 between Disney Enterprises, Inc. and THE FIRST YEARS, INC. ("Agreement"). 2. Effective date of this Schedule: August 1, 2000. 3. Termination date of this Schedule: *.
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Related to STATEMENTS AND PAYMENTS OF ROYALTIES

  • Statements and Payments The Fig Share and the Developer Royalty shall be paid by Developer and Fig, respectively, no later than thirty (30) days after the end of the calendar month in which the Gross Receipts are received by the applicable Party together with a statement detailing calculation of the Fig Share or the Developer Royalty, as applicable (including copies of payment statements from Distributors and calculation of any adjustment to reflect Third-Party Distributor terms as provided in the definition of Fig Share). Upon request, Distributor will provide Fig with access to real-time reporting posted or made available by any Distributor.

  • Royalty Reports and Payments After the first sale of a Product on which royalties are payable by a Party hereunder, such Party shall make quarterly written reports to the other Party within sixty (60) days after the end of each calendar quarter, stating in each such report, separately the number, description, and aggregate Net Sales, by territory, of each such Product sold during the calendar quarter upon which a royalty is payable under Section 6.3 or Section 6.4 above, as applicable. Concurrently with the making of such reports, such Party shall pay to the other Party royalties due at the rates specified in Section 6.3 or Section 6.4 above, as applicable.

  • Payments and Royalties 3.1 As an initial non-refundable payment for the licenses and rights herein granted to SHENZHEN HIGH POWER under this Agreement, SHENZHEN HIGH POWER shall pay to OBC the up-front fees, without subtraction or deduction of Chinese withholding taxes, if any, pursuant to the schedule set forth in Appendix II attached hereto. 3.2 In addition to the lump sum payment under Article 3.1 above, SHENZHEN HIGH POWER shall pay to OBC non-refundable running royalties, also pursuant to the schedule set forth in Appendix II hereto, of the Net Selling Price of the Licensed Consumer Hydride Batteries sold or Otherwise Disposed Of by SHENZHEN HIGH POWER and its Affiliates (either directly or through sales representatives or agents) in any country of the world during the period commencing on the Effective Date of this Agreement and ending upon the expiration of the last to expire of the Licensed Patents. 3.3 Notwithstanding that a Licensed Consumer Hydride Battery may be covered by (i) the claims of one or more of the Licensed Patents or (ii) the claims of one or more of the Licensed Patents in one or more countries throughout the world, SHENZHEN HIGH POWER, in connection with the manufacture or sale of the Licensed Consumer Hydride Batteries by SHENZHEN HIGH POWER, its successors or assigns shall be obliged to pay a single royalty hereunder and only on the first sale of such Licensed Consumer Hydride Batteries and not on any subsequent sale or resale thereof and all end-users, distributors, customers, dealers, or suppliers of SHENZHEN HIGH POWER, its successors or assigns of such Licensed Consumer Hydride Batteries shall be licensed to use and/or sell the same. 3.4 All statements submitted and all payments made pursuant to Article 3.1 and Article 3.2 herein shall be stated and made in U.S. legal tender at the selling rate of authorized foreign exchange bankers in various individual countries under the license for transfers to New York in U.S. dollars on the date on which payments are made as required hereunder.

  • Disbursements and Payments Each disbursement by the Bank and each payment by the Borrower will be: (a) made at the Bank's branch (or other location) selected by the Bank from time to time; (b) made for the account of the Bank's branch selected by the Bank from time to time; (c) made in immediately available funds, or such other type of funds selected by the Bank; (d) evidenced by records kept by the Bank. In addition, the Bank may, at its discretion, require the Borrower to sign one or more promissory notes.

  • Royalty Payments and Reports Payments for Coal mined and sold hereunder shall be made on a timely basis, when due and without demand by COLT, on or before the twentieth (20th) day of each month (“Payment Deadline”) for all Coal mined or produced from the Premises, shipped and sold, or used, together with all Foreign Coal transported and sold by Lessee or its Affiliates, or assigns during the preceding month as to Coal, as evidenced by a report or reports furnished by Lessee to COLT tendered contemporaneously with payment. Payments shall be made by check or wire transfer. If by check, payment shall be made to the following address: ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ Drive Beckley, WV 25801 If by wire transfer, payment shall be to the following address: Bank: Huntington Bank ABA: ▇▇▇▇▇▇▇▇▇ Credit To: Colt LLC Account #: 01221137324 Copies of the reports required in this section 14 and evidence of the wire transfer or check shall be forwarded by mail or fax to: Colt LLC ▇▇▇▇ ▇▇▇ ▇▇▇▇., ▇▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ The addresses for payment by check or wire transfer and/or for submitting reports may be amended from time to time by COLT upon notice to Lessee. Not later than the Payment Deadline, Lessee shall report to COLT showing the actual amount for each and every mining method of Coal mined, processed, stockpiled, loaded, shipped, and sold from the Premises by Lessee and/or its Affiliates or contractors during the preceding month and shall also include individual sales of Coal by Lessee, the customers to which Coal was sold, the Gross Sales Prices of Coal for each sale, itemization of allowable deductions for each sale, calculations of Actual Production Royalty due COLT for each sale and for the preceding month, and the location, by Quarter-Quarter Section, Township, and Range, of the lands of COLT from which such Coal was mined. Such report or reports shall be made either on a form or forms of COLT supplied to Lessee or on a form or forms of Lessee that are approved by COLT. Each report shall be certified to be true, accurate, and correct by Lessee and shall be to the satisfaction of COLT. In any event, all of the aforementioned items shall be made available to COLT by Lessee, at all times upon COLT’s request, for any month during the term of this Lease. Such reports shall, at COLT’s request, be accompanied by copies of invoices, purchase orders, sales receipts, bills of lading, truck weight tickets, railroad weight tickets, barge weight tickets, statements of transportation, washing and handling charges, and other forms of verification as may be deemed necessary by COLT.