Common use of Accreditation Fees Clause in Contracts

Accreditation Fees. As a condition of Accreditation, Provider shall pay an annual Accreditation fee to ICANN. 3.6.1 Provider shall pay ICANN a yearly Accreditation fee in an amount established by the ICANN Board of Directors, in conformity with ICANN's Bylaws. As of the Effective Date, the yearly Accreditation fee is $4,000 (the “Accreditation Fee”). At the election of Provider, the Accreditation Fee shall either be paid in one (1) lump sum payment or four (4) equal quarterly installments. Each such lump sum payment or quarterly installment (as applicable) shall be due within thirty (30) days following the date of the invoice provided by ICANN. 3.6.2 For any payments thirty (30) days or more overdue, Provider shall pay interest on late payments at the rate of 1.5% per month or, if less, the maximum rate permitted by applicable law from the later of the date of the invoice or the date the invoice is sent pursuant to Section 7.7 of this Agreement. 3.6.3 The Accreditation fees due under this Agreement are exclusive of tax. All taxes, duties, fees and other governmental charges of any kind (including sales, turnover, services, use and value-added taxes) that are imposed by or under the authority of any government or any political subdivision thereof on the Accreditation fees for any services, software or hardware shall be borne by Provider and shall not be considered a part of, a deduction from, or an offset against such Accreditation fees. All payments due to ICANN shall be made without any deduction or withholding on account of any tax, duty, charge, or penalty except as required by applicable law, in which case, the sum payable by Provider from which such deduction or withholding is to be made shall be increased to the extent necessary to ensure that, after making such deduction or withholding, ICANN receives (free from any liability with respect thereof) a net sum equal to the sum it would have received but for such deduction or withholding being required.

Accreditation Fees. As a condition of Accreditation, Provider Registrar shall pay an annual Accreditation fee fees to ICANN. These fees consist of yearly and variable fees. 3.6.1 Provider 3.9.1 Registrar shall pay ICANN a yearly Accreditation fee in an amount established by the ICANN Board of Directors, in conformity with ICANN's Bylawsbylaws and articles of incorporation. As of the Effective Date, the This yearly Accreditation fee is $4,000 (shall not exceed US$4,000. Payment of the “Accreditation Fee”). At the election of Provider, the Accreditation Fee shall either be paid in one (1) lump sum payment or four (4) equal quarterly installments. Each such lump sum payment or quarterly installment (as applicable) yearly fee shall be due within thirty (30) days following after invoice from ICANN, provided that Registrar may elect to pay the date yearly fee in four (4) equal quarterly installments. 3.9.2 Registrar shall pay the variable Accreditation fees established by the ICANN Board of Directors, in conformity with ICANN's bylaws and articles of incorporation, provided that in each case such fees are reasonably allocated among all registrars that contract with ICANN and that any such fees must be expressly approved by registrars accounting, in the invoice provided by aggregate, for payment of two-­‐thirds of all registrar-­‐level fees. Registrar shall pay such fees in a timely manner for so long as all material terms of this Agreement remain in full force and effect, and notwithstanding the pendency of any dispute between Registrar and ICANN. 3.6.2 3.9.3 For any payments thirty (30) days or more overdue, Provider Registrar shall pay interest on late payments at the rate of 1.5% per month or, if less, the maximum rate permitted by applicable law from the later of the date of the invoice or the date the invoice is sent pursuant to Section 7.7 7.6 of this Agreement. On reasonable notice given by ICANN to Registrar, accountings submitted by Registrar shall be subject to verification by an audit of Registrar's books and records by an independent third-­‐party designated by ICANN that shall preserve the confidentiality of such books and records (other than its findings as to the accuracy of, and any necessary corrections to, the accountings). 3.6.3 3.9.4 The Accreditation fees due under this Agreement are exclusive of tax. All taxes, duties, fees and other governmental charges of any kind (including sales, turnover, services, use and value-added value-­‐added taxes) that are imposed by or under the authority of any government or any political subdivision thereof on the Accreditation fees for any services, software or and/or hardware shall be borne by Provider Registrar and shall not be considered a part of, a deduction from, or an offset against such Accreditation fees. All payments due to ICANN shall be made without any deduction or withholding on account of any tax, duty, charge, or penalty except as required by applicable law, in which case, the sum payable by Provider Registrar from which such deduction or withholding is to be made shall be increased to the extent necessary to ensure that, after making such deduction or withholding, ICANN receives (free from any liability with respect thereof) a net sum equal to the sum it would have received but for such deduction or withholding being required.

Accreditation Fees. As a condition of Accreditation, Provider Registrar shall pay an annual Accreditation fee fees to ICANN. These fees consist of yearly and variable fees. 3.6.1 Provider 3.9.1 Registrar shall pay ICANN a yearly Accreditation fee in an amount established by the ICANN Board of Directors, in conformity with ICANN's Bylawsbylaws and articles of incorporation. As of the Effective Date, the This yearly Accreditation fee is $4,000 (shall not exceed US$4,000. Payment of the “Accreditation Fee”). At the election of Provider, the Accreditation Fee shall either be paid in one (1) lump sum payment or four (4) equal quarterly installments. Each such lump sum payment or quarterly installment (as applicable) yearly fee shall be due within thirty (30) days following after invoice from ICANN, provided that Registrar may elect to pay the date yearly fee in four (4) equal quarterly installments. 3.9.2 Registrar shall pay the variable Accreditation fees established by the ICANN Board of Directors, in conformity with ICANN's bylaws and articles of incorporation, provided that in each case such fees are reasonably allocated among all registrars that contract with ICANN and that any such fees must be expressly approved by registrars accounting, in the invoice provided by aggregate, for payment of two-­‐thirds of all registrar-­‐level fees. Registrar shall pay such fees in a timely manner for so long as all material terms of this Agreement remain in full force and effect, and notwithstanding the pendency of any dispute between Registrar and ICANN. 3.6.2 3.9.3 For any payments thirty (30) days or more overdue, Provider Registrar shall pay interest on late payments at the rate of 1.5% per month or, if less, the maximum rate permitted by applicable law from the later of the date of the invoice or the date the invoice is sent pursuant to Section 7.7 7.57.6 of this Agreement. On reasonable notice given by ICANN to Registrar, accountings submitted by Registrar shall be subject to verification by an audit of Registrar's books and records by an independent third-­‐party designated by ICANN that shall preserve the confidentiality of such books and records (other than its findings as to the accuracy of, and any necessary corrections to, the accountings). 3.6.3 3.9.4 The Accreditation fees due under this Agreement are exclusive of tax. All taxes, duties, fees and other governmental charges of any kind (including sales, turnover, services, use and value-added value-­‐added taxes) that are imposed by or under the authority of any government or any political subdivision thereof on the Accreditation fees for any services, software or and/or hardware shall be borne by Provider Registrar and shall not be considered a part of, a deduction from, or an offset against such Accreditation fees. All payments due to ICANN shall be made without any deduction or withholding on account of any tax, duty, charge, or penalty except as required by applicable law, in which case, the sum payable by Provider Registrar from which such deduction or withholding is to be made shall be increased to the extent necessary to ensure that, after making such deduction or withholding, ICANN receives (free from any liability with respect thereof) a net sum equal to the sum it would have received but for such deduction or withholding being required.

Accreditation Fees. As a condition of Accreditation, Provider Registrar shall pay an annual Accreditation fee fees to ICANN. These fees consist of yearly and variable fees. 3.6.1 Provider 3.9.1 Registrar shall pay ICANN a yearly Accreditation fee in an amount established by the ICANN Board of Directors, in conformity with ICANN's Bylawsbylaws and articles of incorporation. As of the Effective Date, the This yearly Accreditation fee is $4,000 (shall not exceed US$4,000. Payment of the “Accreditation Fee”). At the election of Provider, the Accreditation Fee shall either be paid in one (1) lump sum payment or four (4) equal quarterly installments. Each such lump sum payment or quarterly installment (as applicable) yearly fee shall be due within thirty (30) days following after invoice from ICANN, provided that Registrar may elect to pay the date yearly fee in four (4) equal quarterly installments. 3.9.2 Registrar shall pay the variable Accreditation fees established by the ICANN Board of Directors, in conformity with ICANN's bylaws and articles of incorporation, provided that in each case such fees are reasonably allocated among all registrars that contract with ICANN and that any such fees must be expressly approved by registrars accounting, in the invoice provided by aggregate, for payment of two-­‐thirds of all registrar-­‐level fees. Registrar shall pay such fees in a timely manner for so long as all material terms of this Agreement remain in full force and effect, and notwithstanding the pendency of any dispute between Registrar and ICANN. 3.6.2 3.9.3 For any payments thirty (30) days or more overdue, Provider Registrar shall pay interest on late payments at the rate of 1.5% per month or, if less, the maximum rate permitted by applicable law from the later of the date of the invoice or the date the invoice is sent pursuant to Section 7.7 7.6 of this Agreement. On reasonable notice given by ICANN to Registrar, accountings submitted by Registrar shall be subject to verification by an audit of Registrar's books and records by an independent third-­‐party that shall preserve the confidentiality of such books and records (other than its findings as to the accuracy of, and any necessary corrections to, the accountings). 3.6.3 3.9.4 The Accreditation fees due under this Agreement are exclusive of tax. All taxes, duties, fees and other governmental charges of any kind (including sales, turnover, services, use and value-added value-­‐added taxes) that are imposed by or under the authority of any government or any political subdivision thereof on the Accreditation fees for any services, software or and/or hardware shall be borne by Provider Registrar and shall not be considered a part of, a deduction from, or an offset against such Accreditation fees. All payments due to ICANN shall be made without any deduction or withholding on account of any tax, duty, charge, or penalty except as required by applicable law, in which case, the sum payable by Provider Registrar from which such deduction or withholding is to be made shall be increased to the extent necessary to ensure that, after making such deduction or withholding, ICANN receives (free from any liability with respect thereof) a net sum equal to the sum it would have received but for such deduction or withholding being required.

Accreditation Fees. As a condition of Accreditation, Provider Registrar shall pay an annual Accreditation fee fees to ICANN. These fees consist of yearly and variable fees. 3.6.1 Provider 3.9.1 Registrar shall pay ICANN a yearly Accreditation fee in an amount established by the ICANN Board of Directors, in conformity with ICANN's Bylawsbylaws and articles of incorporation. As of the Effective Date, the This yearly Accreditation fee is $4,000 (shall not exceed US$4,000. Payment of the “Accreditation Fee”). At the election of Provider, the Accreditation Fee shall either be paid in one (1) lump sum payment or four (4) equal quarterly installments. Each such lump sum payment or quarterly installment (as applicable) yearly fee shall be due within thirty (30) days following after invoice from ICANN, provided that Registrar may elect to pay the date yearly fee in four (4) equal quarterly installments. 3.9.2 Registrar shall pay the variable Accreditation fees established by the ICANN Board of Directors, in conformity with ICANN's bylaws and articles of incorporation, provided that in each case such fees are reasonably allocated among all registrars that contract with ICANN and that any such fees must be expressly approved by registrars accounting, in the invoice provided by aggregate, for payment of two-­‐thirds of all registrar-­‐level fees. Registrar shall pay such fees in a timely manner for so long as all material terms of this Agreement remain in full force and effect, and notwithstanding the pendency of any dispute between Registrar and ICANN. 3.6.2 3.9.3 For any payments thirty (30) days or more overdue, Provider Registrar shall pay interest on late payments at the rate of 1.5% per month or, if less, the maximum rate permitted by applicable law from the later of the date of the invoice or the date the invoice is sent pursuant to Section 7.7 7.5 of this Agreement. On reasonable notice given by ICANN to Registrar, accountings submitted by Registrar shall be subject to verification by an audit of Registrar's books and records by an independent third-­‐party designated by ICANN that shall preserve the confidentiality of such books and records (other than its findings as to the accuracy of, and any necessary corrections to, the accountings). 3.6.3 3.9.4 The Accreditation fees due under this Agreement are exclusive of tax. All taxes, duties, fees and other governmental charges of any kind (including sales, turnover, services, use and value-added value-­‐added taxes) that are imposed by or under the authority of any government or any political subdivision thereof on the Accreditation fees for any services, software or and/or hardware shall be borne by Provider Registrar and shall not be considered a part of, a deduction from, or an offset against such Accreditation fees. All payments due to ICANN shall be made without any deduction or withholding on account of any tax, duty, charge, or penalty except as required by applicable law, in which case, the sum payable by Provider Registrar from which such deduction or withholding is to be made shall be increased to the extent necessary to ensure that, after making such deduction or withholding, ICANN receives (free from any liability with respect thereof) a net sum equal to the sum it would have received but for such deduction or withholding being required.

Accreditation Fees. As a condition of Accreditation, Provider Registrar shall pay an annual Accreditation fee fees to ICANN. These fees consist of yearly and variable fees. 3.6.1 Provider 3.9.1 Registrar shall pay ICANN a yearly Accreditation fee in an amount established by the ICANN Board of Directors, in conformity with ICANN's Bylawsbylaws and articles of incorporation. As of the Effective Date, the This yearly Accreditation fee is $4,000 (shall not exceed US$4,000. Payment of the “Accreditation Fee”). At the election of Provider, the Accreditation Fee shall either be paid in one (1) lump sum payment or four (4) equal quarterly installments. Each such lump sum payment or quarterly installment (as applicable) yearly fee shall be due within thirty (30) days following after invoice from ICANN, provided that Registrar may elect to pay the date yearly fee in four (4) equal quarterly installments. 3.9.2 Registrar shall pay the variable Accreditation fees established by the ICANN Board of Directors, in conformity with ICANN's bylaws and articles of incorporation, provided that in each case such fees are reasonably allocated among all registrars that contract with ICANN and that any such fees must be expressly approved by registrars accounting, in the invoice provided by aggregate, for payment of two-­‐thirds of all registrar-­‐level fees. Registrar shall pay such fees in a timely manner for so long as all material terms of this Agreement remain in full force and effect, and notwithstanding the pendency of any dispute between Registrar and ICANN. 3.6.2 3.9.3 For any payments thirty (30) days or more overdue, Provider Registrar shall pay interest on late payments at the rate of 1.5% per month or, if less, the maximum rate permitted by applicable law from the later of the date of the invoice or the date the invoice is sent pursuant to Section 7.7 7.67.5 of this Agreement. On reasonable notice given by ICANN to Registrar, accountings submitted by Registrar shall be subject to verification by an audit of Registrar's books and records by an independent third-­‐party designated by ICANN that shall preserve the confidentiality of such books and records (other than its findings as to the accuracy of, and any necessary corrections to, the accountings). 3.6.3 3.9.4 The Accreditation fees due under this Agreement are exclusive of tax. All taxes, duties, fees and other governmental charges of any kind (including sales, turnover, services, use and value-added value-­‐added taxes) that are imposed by or under the authority of any government or any political subdivision thereof on the Accreditation fees for any services, software or and/or hardware shall be borne by Provider Registrar and shall not be considered a part of, a deduction from, or an offset against such Accreditation fees. All payments due to ICANN shall be made without any deduction or withholding on account of any tax, duty, charge, or penalty except as required by applicable law, in which case, the sum payable by Provider Registrar from which such deduction or withholding is to be made shall be increased to the extent necessary to ensure that, after making such deduction or withholding, ICANN receives (free from any liability with respect thereof) a net sum equal to the sum it would have received but for such deduction or withholding being required.

Accreditation Fees. As a condition of Accreditation, Provider shall pay an annual Accreditation fee to ICANN. 3.6.1 Provider shall pay ICANN a yearly Accreditation fee in an amount established by the ICANN Board of Directors, in conformity with ICANN's Bylaws. As of the Effective Date, the yearly Accreditation fee is $4,000 (the “Accreditation Fee”). At the election of Provider, the Accreditation Fee shall either be paid in one (1) lump sum payment or four (4) equal quarterly installments. Each such lump sum payment or quarterly installment (as applicable) shall be due within thirty (30) days following the date of the invoice provided by ICANN. 3.6.2 For any payments thirty (30) days or more overdue, Provider shall pay interest on late payments at the rate of 1.5% per month or, if less, the maximum rate permitted by applicable law from the later of the date of the invoice or the date the invoice is sent pursuant to Section 7.7 of this Agreement. 3.6.3 The Accreditation fees due under this Agreement are exclusive of tax. All taxes, duties, fees and other governmental charges of any kind (including sales, turnover, services, use and value-added value‐added taxes) that are imposed by or under the authority of any government or any political subdivision thereof on the Accreditation fees for any services, software or hardware shall be borne by Provider and shall not be considered a part of, a deduction from, or an offset against such Accreditation fees. All payments due to ICANN shall be made without any deduction or withholding on account of any tax, duty, charge, or penalty except as required by applicable law, in which case, the sum payable by Provider from which such deduction or withholding is to be made shall be increased to the extent necessary to ensure that, after making such deduction or withholding, ICANN receives (free from any liability with respect thereof) a net sum equal to the sum it would have received but for such deduction or withholding being required.