Royalty Reports and Payments. Within thirty (30) days following the end of each calendar quarter, commencing, with respect to [[Savara:Organization]]’s obligations under Section 6.3, with the calendar quarter in which the First Commercial Sale of any Licensed Product is made anywhere in the Territory, [[Savara:Organization]] shall provide [[Grifols:Organization]] with a royalty report on a product-by-product basis, which shall include: # the amount of gross sales of such applicable Licensed Product in the Territory, # an itemized calculation of Net Sales in the Territory showing deductions provided for in the definition of Net Sales, # a calculation of the royalty payment due on such sales, and # the exchange rate for such country. Such report shall include such other information reasonably requested by [[Grifols:Organization]], provided that such information reasonably relates to the sale of Licensed Products, which are the subject of this Agreement, and the calculation of Net Sales. Within thirty (30) days of the delivery of the applicable quarterly report, [[Savara:Organization]] shall pay in Dollars all royalty amounts due to [[Grifols:Organization]] in connection with such quarterly report.

Royalty Reports and Payments. All payments under Section 4.1 shall be due and payable within ​ during which the corresponding Net Sales are made. Together with any such payment, Licensee shall deliver a report specifying in the aggregate and on Product-by-Product basis: # total gross invoiced amount from sales of Products by Licensee; # amounts deducted by category (as identified in Section 1.7) from gross invoiced amounts to calculate Net Sales; # Net Sales and # royalties payable. If no royalties are due, Licensee shall so report. Such reports shall be deemed to be the Confidential Information of Licensee.

Royalty Payments and Reports. The royalty set forth in this Section 6.1 shall be payable within ​ following the end of each Calendar Quarter. No later than the end of such ​ period, Tracon shall provide to Eucure a report summarizing the amount of Net Sales of Collaborative Product sold in the Field, on a country-by-country basis, in the Collaborative Territory and the amount of royalty owed with respect to such Net Sales for such Calendar Quarter.

Royalty Reports and Payments. Within ​ days after the end of each Calendar Quarter during the Royalty Term, Verrica shall deliver to Lytix a written royalty report specifying, on a country-by-country and Product-by-Product basis, the amount of gross sales and Net Sales of Products during the applicable Calendar Quarter, a calculation of the amount of royalty payment due on such sales for such Calendar Quarter, any applicable royalty offsets under [Section 0], and a revised calculation of the payment due after the application of such offsets. Concurrently with the delivery of such royalty report, Verrica shall pay all royalties due to Lytix with respect to Net Sales by Verrica, its Affiliates or their respective Sublicensees for each such Calendar Quarter. For clarity, Verrica shall have no obligation to make royalty reports or payments to Lytix for Net Sales of Product achieved by any Sublicensee, other than as set forth in [Section 8.7].

Royalty Payments and Reports. PARTNER # shall provide REGENX, no later than ​ after the end of each ​, with a preliminary, good faith estimate of all amounts payable to REGENX pursuant to Section 8.3.1 at the end of such ​ and # shall calculate all amounts payable to REGENX pursuant to Section 8.3.1 at the end of each ​, which amounts shall be converted to Dollars, in accordance with Section 8.6. PARTNER shall provide REGENX, no later than ​ after the end of each ​, with a statement specifying, on a country-by-country basis, ​, in each case attributable to a Licensed Product for use in each Indication of the Licensed Field in each country in the Royalty Territory during the applicable ​ (including such amounts expressed in local currency and as converted to Dollars) and a calculation of the amount of royalty payment due on such Net Sales for such ​. PARTNER shall pay to REGENX the royalty amounts due with respect to a given ​ within ​ after the end of such ​. Without limitation of the generality of the foregoing, PARTNER shall require its Affiliates and Sublicensees to account for their Net Sales and to provide such reports with respect thereto, as if such sales were made by PARTNER.

Royalty Payments and Reports. Licensee shall calculate all amounts payable to [[AstraZeneca:Organization]] pursuant to Section 4.4.1 at the end of each Calendar Quarter, which amounts shall be converted to Dollars, in accordance with [Section 4.6]. Licensee shall provide a written statement (a “Payment Statement”) that includes such calculation to [[AstraZeneca:Organization]] in writing within ​ of the end of the Calendar Quarter, which Payment Statement shall include, on a Licensed Product-by-Licensed Product basis, the amount of Invoiced Sales, Net Sales and deductions taken to arrive at Net Sales attributable to each Licensed Product in each country in the Territory during the applicable Calendar Quarter (including such amounts expressed in local currency and as converted to Dollars) and a calculation of the amount of Royalty payment due on such Net Sales for such Calendar Quarter. Following receipt of such Payment Statement, [[AstraZeneca:Organization]] shall submit an invoice promptly, but no more than ​ following receipt of such Payment Statement, to Licensee for the full amount of the corresponding Royalty payment. Licensee shall pay to [[AstraZeneca:Organization]] the Royalty amounts due with respect to a given Calendar Quarter within ​ after the receipt of the invoice. Without limiting the generality of the foregoing, Licensee shall require its Affiliates and Sublicensees to account for their Net Sales and provide reports with respect thereto, as if such sales were made by Licensee.

Royalty Reports and Payments. Within ​ days after the end of each Calendar Quarter, commencing with the Calendar Quarter during which the First Commercial Sale of the first Licensed Product is made anywhere in the Territory, Zai shall provide NVCR with a report that contains the following information for the applicable Calendar Quarter, on a Licensed Product-by-Licensed Product and region-by-region basis: # the amount of Net Sales of such Licensed Product, # a calculation of the royalty payment due on such Net Sales, including any royalty reduction made in accordance with [Section 9.3(c), and (iii)])] the exchange rate used for converting any Net Sales recorded in a currency other than Dollars. Promptly following the delivery of the applicable quarterly report, NVCR shall invoice Zai for the royalties due to NVCR with respect to Net Sales by Zai, its Affiliates and their respective sublicensees for such Calendar Quarter, and Zai shall pay such amounts to NVCR in Dollars within ​ following Zai’s receipt of such invoice, provided that, if a government or regulatory action (or inaction) prevents Zai from making such payment to NVCR within such ​ period, then Zai shall have up to ​ following its receipt of such invoice from NVCR to remit such payment to NVCR.

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 15.3]. Concurrently with the making of such reports, such Party shall pay to the other Party royalties due at the rates specified in [Section 15.3].

Royalty Payments and Reports. Royalties under [Section 6.4] shall be calculated and reported for each Quarter and shall be paid within forty-five (45) days of the end of the Quarter. Within three (3) Business Days after the end of each Quarter, Customer shall deliver a written report to Dynavax with Customer’s preliminary good faith estimate of Net Sales, Units Sold, Net Sales Per Unit and royalties for such Quarter. In addition, within ten (10) Business Days after the end of each Quarter, Customer shall deliver to Dynavax a report of Net Sales, Units Sold, and Net Sales Per Unit in the applicable Quarter in sufficient detail to permit confirmation of the accuracy of the payment due or made, including, on a Customer Product-by-Customer Product and country-by-country basis, the number of each type of Customer Product sold, gross sales, Net Sales and itemized deductions from gross sales (by major category as set forth in the definition of Net Sales), the royalties payable, and the exchange rates used.

Royalty Payments and Reports. ​. Within ​ days following the end of each ​ following the First Commercial Sale of a Licensed Product, Lian shall furnish to Lyra a written report for the ​ showing ​. Such written report shall include ​. Lian shall pay Lyra the royalty due for such Calendar Quarter calculated in accordance with this Agreement within ​ days of delivery of the written report to Lyra.