Timing of Payment. Royalties payable under Section 6.5 shall be payable on actual Net Sales and shall accrue at the time the invoice for the sale of Product is delivered. Royalty obligations that have accrued during a particular Calendar Quarter shall be paid, on a Calendar Quarter basis, within [...***...] after the end of each Calendar Quarter during which the royalty obligation accrued.
Appears in 5 contracts
Sources: License Agreement, License Agreement (BeiGene, Ltd.), License Agreement (BeiGene, Ltd.)
Timing of Payment. Royalties payable under Section 6.5 3.2 shall be payable on actual Net Sales and shall accrue at the time the invoice for the sale of Product is delivered. Royalty obligations that have accrued during a particular Calendar Quarter shall be paid, on a Calendar Quarter basis, within [...***...] after the end of each Calendar Quarter during which the royalty obligation accrued.
Appears in 4 contracts
Sources: License Agreement (BeiGene, Ltd.), License Agreement (BeiGene, Ltd.), License Agreement (BeiGene, Ltd.)
Timing of Payment. Royalties payable under Section 6.5 5.4(a) shall be payable on actual Net Sales and shall accrue at the time the invoice for the sale of Licensed Product is delivered. Royalty obligations that have accrued during a particular Calendar Quarter shall be paid, on a Calendar Quarter basis, within [...***...] after the end of each Calendar Quarter during which the royalty obligation accrued.
Appears in 2 contracts
Sources: License Agreement (Taysha Gene Therapies, Inc.), License Agreement (Taysha Gene Therapies, Inc.)
Timing of Payment. Royalties payable under Section 6.5 6.4.1 shall be payable on actual Net Sales and shall accrue at the time the invoice for the sale of Product is deliveredwhen such amounts are received and recognized as revenue by Company in accordance with GAAP. Royalty obligations that have accrued during a particular Calendar Quarter shall be paid, on a Calendar Quarter basis, within [...***...] after the end of each Calendar Quarter during which the royalty obligation accruedbasis in accordance with Section 6.9.
Appears in 2 contracts
Sources: License Agreement (Liquidia Corp), License Agreement (Liquidia Corp)
Timing of Payment. Royalties payable under Section 6.5 7.3(a) shall be payable on actual Net Sales and shall accrue at the time the invoice for the sale of Product is delivered. Royalty obligations that have accrued during a particular Calendar Quarter shall be paid, on a Calendar Quarter basis, within [...***...] days after the end of each Calendar Quarter during which the royalty obligation accrued. Royalties payable under Section 7.4 shall be paid within [*] days after the end of Calendar Year during which the royalty obligation accrued.
Appears in 2 contracts
Sources: License Agreement, License Agreement (Sutro Biopharma Inc)
Timing of Payment. Royalties payable under Section 6.5 6.5.1 shall be payable on actual Net Sales and shall accrue at the time the invoice for the sale of Product is delivered. Royalty obligations that have accrued during a particular Calendar Quarter shall be paid, on a Calendar Quarter basis, within [...***...] after the end of each Calendar Quarter during which the royalty obligation accrued.
Appears in 2 contracts
Sources: Research Collaboration and License Agreement (C4 Therapeutics, Inc.), Research Collaboration and License Agreement (C4 Therapeutics, Inc.)
Timing of Payment. Royalties payable under this Section 6.5 5.3 shall be payable on actual Net Sales and shall accrue at the time the invoice payment for the sale of Licensed Product is deliveredreceived. Royalty obligations that have accrued during a particular Calendar Quarter shall be paid, on a Calendar Quarter basis, within [...***...] ninety (90) days after the end of each Calendar Quarter during which the royalty obligation accrued.
Appears in 1 contract
Sources: License Agreement (Checkmate Pharmaceuticals, Inc.)
Timing of Payment. Royalties Royalty Payments payable under Section 6.5 7.5(a) shall be payable on actual Net Sales and shall accrue at the time the invoice for the sale of Licensed Product is delivered. Royalty obligations that have accrued during a particular Calendar Quarter shall be paid, on a Calendar Quarter basis, within [...***...] after the end of each Calendar Quarter during which the royalty obligation accrued.
Appears in 1 contract
Sources: Exclusive License Agreement (Sutro Biopharma, Inc.)
Timing of Payment. Royalties payable under Section 6.5 7.3 shall be payable on actual Net Sales and shall accrue at the time the invoice payment for the sale of Licensed Product is deliveredreceived. Royalty obligations that have accrued during a particular Calendar Quarter shall be paid, on a Calendar Quarter basis, within [...***...] after the end of each Calendar Quarter during which the royalty obligation accrued.
Appears in 1 contract
Timing of Payment. Royalties payable under Section 6.5 8.5(a) shall be payable on actual Net Sales and shall accrue at the time the invoice for the sale of Product is delivered. Royalty obligations that have accrued during a particular Calendar Quarter shall be paid, on a Calendar Quarter basis, within [...***...] * days after the end of each Calendar Quarter during which the royalty obligation accrued.
Appears in 1 contract
Sources: Option and License Agreement (Opexa Therapeutics, Inc.)