Additional License Fee. As partial consideration for the license granted to COMPANY with respect to the 2014 Patent Application, COMPANY shall pay LICENSOR a license fee in the amount of fifteen thousand ($15,000) Dollars within thirty (30) days of the First Amendment Effective Date.
Additional License Fee. If HOC installs in HOC Properties the ---------------------- Minimum, HOC shall be eligible to receive an additional license fee ("Additional ---------- License Fee") of up to [] payable in MIKN Shares. The share price for ----------- determining the number of MIKN Shares deliverable to HOC as the Additional License Fee shall be the lower of (i) the Initial Market Price, and (ii) the average of the high and low price of MIKN Shares on the NASDAQ National Market System on the last trading day immediately prior to the date the Additional License Fee, or any installment thereof, becomes payable. The Minimum may be referred to as HOC's "Initial Installed Base Commitment". --------------------------------- The Additional License Fee shall be payable quarterly in arrears in the amount of [] worth of MIKN Shares for each Quota (as defined below) of Points (as defined below) achieved by HOC for the prior fiscal quarter. HOC shall earn [] "Point" per installation of a TT/ST System Table or TT/SJ System Table and [] Point per installation of a Base TT System Table or a TT System Table. "Quota" shall be calculated in accordance with the following formula: []
Additional License Fee. Licensee also shall pay to LMI an additional license fee every month during the term of this Agreement (the “Additional License Fee”) calculated in accordance with Exhibit G. Any Additional License Fee shall be due and payable as set forth in LMI’s invoice.
Additional License Fee. Licensee will also pay to Licensor, as additional license fee, within ten (10) days after the date of mailing or personal delivery of statements therefor, all costs and expenses paid or incurred by Licensor and required to be paid by Licensee under any provision of this License Agreement. If Licensee shall become delinquent in the payment of its license fee or other payments required hereunder to be made by Licensee to Licensor, Licensee will also pay to Licensor as an additional license fee, interest thereon from the respective due dates thereof until fully paid at the rate of 12% per year.
Additional License Fee. In the event that Licensee exercises an option to include up to three (3) additional Licensed Products under the Collaboration Agreement, in partial consideration thereof, Licensee shall pay to Pieris a non-creditable, non-refundable upfront fee in the amount of [***] following receipt of the corresponding invoice from Pieris after the Effective Date.
Additional License Fee. In the event that Licensee exercises an option to Develop, Manufacture and Commercialize up to [***] additional Licensed Products under the Collaboration Agreement, in partial consideration thereof, Licensee shall pay to Pieris a non-creditable, non-refundable upfront fee in the amount of [***] Dollars ($[***]) [***] days following receipt of the corresponding invoice from Pieris after the effective date for each such option under the Collaboration Agreement. For clarity, in the event that Licensee exercises the option described in this Section 3.2 with respect to [***] Licensed Products, then a total of [***] Dollars ($[***]) shall have been paid to Pieris pursuant to this Section 3.2. [***] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED BECAUSE THE INFORMATION (I) IS NOT MATERIAL AND (II) IS THE TYPE THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL.
Additional License Fee. (a) Despite the information provided in Schedule “B” to this Agreement, whenever Xxxxxx has the right to invoice Organization for additional License Fees based on the total number of Receipts, the new License Fee will be based on Xxxxxx’x then current License Fees for that applicable volume of Receipts.
Additional License Fee. As provided in the Memorandum of License, Licensee shall pay to Licensor as Additional License Fee its pro-rata share of Licensor's estimated Operating Expenses for the current calendar year the "Estimated Operating Expenses" in twelve equal monthly installments, in advance, on the first day of each month of the Term, beginning on the Commencement Date. Within the first three months following the end of each calendar year or following the License Termination, as the case may be, Licensor shall provide to Licensee an invoice (the “Invoice") for the difference between the Estimated Operating Expenses paid by Licensee as provided above and Licensee's pro-rata share of Licensor's Actual Operating Expenses for such calendar year. The Invoice shall include in reasonable detail all computations of the Additional License Fee. Licensee shall pay the Invoice for the Additional License Fee within thirty days following receipt of it. Commencing on January 1st of the following calendar year and from thereon, on each and every first day of the calendar year during the Term of this License, Licensee shall pay to Licensor, without demand, deduction, abatement or set-off, as "Additional License Fee", its pro-rata share of the Actual Operating Expenses incurred by Licensor for the preceding calendar year. The Invoice shall reflect the adjustments of the previous months and for any month following the Invoice, Licensee must pay the new pro-rata share stated therein.
Additional License Fee shall refer to all payments required as detailed in this License, by any concept other than Base License Fee.
Additional License Fee. For an additional license fee of $300,000, Licensor agrees not to offer the NextFitness Service to any new customers as of the date of this Agreement.
