Calendar Quarter Definition: 8k Samples | Law Insider
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Get StartedBook a DemoCalendar Quarter means each successive period of three (3) calendar months commencing on January 1, April 1, July 1 and October 1, except that the first Calendar Quarter of the Term shall commence on the Effective Date and end on the day immediately prior to the first to occur of January 1, April 1, July 1 or October 1 after the Effective Date, and the last Calendar Quarter shall end on the last day of the Term.View SourceBased on 1k documents1kExamples of Calendar Quarter in a sentence
Licensee shall pay to Vir Bio the amounts due under Section 8.3 with respect to a given Calendar Quarter within [***] after the end of such Calendar Quarter.
Notwithstanding the foregoing, on a Licensed Product-by-Licensed Product basis and country-by-country basis, nothing in this Section 8.3.3, individually or in combination, shall reduce the royalties that would otherwise have been due under Section 8.3.1 by more than [***] (for clarity, in each case, without giving effect to any royalty or royalty rate reduction provided in this Section 8.3.3) with respect to Net Sales of such Licensed Product during such Calendar Quarter.
With each Quarterly Report submitted, Generate will pay to Stockholder the Net Sales Payments due and payable under this Agreement for the applicable Calendar Quarter.
With respect to any amounts owed under this Agreement by one Party to the other for which no other invoicing and payment procedure is specified in this Article 8, within 15 days after the end of each Calendar Quarter, each Party will provide an invoice, together with reasonable supporting documentation, to the other Party for such amounts owed in respect of such Calendar Quarter.
All amounts payable to Eureka pursuant to Section 8.3 will be paid within 30 days after the end of each Calendar Quarter.
More Definitions of Calendar Quarter
Calendar Quarter means the three-month period ending on the last day of March, June, September, or December.View SourceBased on 429 documents429Filter & Search
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