Section 7.2. On or before the 30th day of each January, April, July, and October throughout the term of this Agreement, and on or before the last day of the month next following the month which includes the effective date of the cancellation, expiration or other termination of this Agreement, the Licensee shall deliver to the Licensor a written statement of Account, addressed to the Licensor address as the Licensor may from time to time specify, showing the number and Net Sales Value of the various types of Licensed Products produced and used or sold by or for the Licensee during the preceding calendar quarter or portion thereof, said statement of account to be accompanied by evidence showing that the full amount of royalties, calculated in accordance with section 6.1, was duly deposited to the account of the Licensor in accordance with section 7.3.
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