Adjustment to License Fee Sample Clauses

Adjustment to License Fee. As a result of the addition of the Additional Building(s) shown on Exhibit A, the License Fee is hereby increased as of the Effective Date by the sum of $________, which increase is equal to the sum of the gross square footage of the Additional Building(s) identified on Exhibit A of ______________ [sq. ft.] times the Additional License Fee Base of $_____ per gross square foot (which Additional License Fee Base has been adjusted pursuant to Section 6.1.3 of the License Agreement for the increase in the CPI for the relevant period). As a result of such increase, effective as of the Effective Date, the current quarterly License Fee shall be $____________.
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Adjustment to License Fee. The license fee payment contemplated in Article 3.1 (a) and Article 3.1 (b) shall be adjusted according to the following schedule in the event that Paladin's gross margin falls below (***) during the twelve (12) month period prior to the license fee being payable to VIVUS in Article 9.2. Gross Margin shall be defined as Net Sales less the Supply Price actually paid pursuant to Articles 4.2 and 4.3 above. Adjustment Schedule to License Fee -------------------------------- ----------------------------------- Gross Margin Adjusted License Fee -------------------------------- ----------------------------------- (***) (***) as per Articles 3.1(a) & (b) -------------------------------- ----------------------------------- (***) (***) -------------------------------- ----------------------------------- (***) (***) -------------------------------- ----------------------------------- (***) (***) -------------------------------- ----------------------------------- (***) (***) -------------------------------- -----------------------------------
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Adjustment to License Fee. 3.2.1 The monthly License Fee amounts set forth in Section 3.1 shall be fixed for calendar year 2010. In each subsequent year during the term of this Agreement, the monthly License Fee amounts shall be adjusted to reflect any annual growth in the number of Enplaned Passengers at the airport. To accomplish this, the monthly License Fee amounts for calendar years 2011 through 2014 shall be adjusted by the percentage change in the number of Enplaned Passengers for the most recent calendar year prior to the adjustment, provided, however in no event will the monthly License Fee amounts be adjusted downward as a result of a change in the number of Enplaned Passengers and in no event will the increase in the monthly License Fee amounts for any Agreement Year (relative to the prior Agreement Year) exceed three percent (3%).
Sample 1

Related to Adjustment to License Fee

  • License Fee The Licensee to shall make payment of the License Fee to Licensor on the date of this Agreement. All rights granted to Licensee by Producer in the Beat are conditional upon Licensee’s timely payment of the License Fee. The License Fee is a one-time payment for the rights granted to Licensee and this Agreement is not valid until the License Fee has been paid.

  • License Maintenance Fee Beginning and each thereafter, ***** will pay Stanford a yearly license maintenance fee of $ . Yearly maintenance payments are nonrefundable.

  • License Fees If so provided in the Prospectus, the Depositor may enter into a Licensing Agreement (the "Agreement") with a licensor (the "Licensor") described in the Prospectus in which the Trust(s), as consideration for the licenses granted by the Licensor for the right to use its trademarks and trade names, intellectual property rights or for the use of databases and research owned by the Licensor, will pay a fee set forth in the Agreement to the applicable Licensor or the Depositor to reimburse the Depositor for payment of the expenses. If the Agreement provides for an annual license fee computed in whole or part by reference to the average daily net asset value of the Trust assets, for purpose of calculating the accrual of estimated expenses such annual fee shall accrue at a daily rate and the Trustee is authorized to compute an estimated license fee payment (i) until the Depositor has informed the Trustee that there will be no further deposits of additional Securities, by reference to an estimate of the average daily net asset value of the Trust assets which the Depositor shall provide the Trustee, (ii) thereafter and during the calendar quarter in which the last business day of the period described in clause (i) occurs, by reference to the net asset value of the Trust assets as of such last business day, and (iii) during each subsequent calendar quarter, by reference to the net asset value of the Trust assets as of the last business day of the preceding calendar quarter. The Trustee shall adjust the net asset value (Trust Fund Evaluation) as of the dates specified in the preceding sentence to account for any variation between accrual of estimated license fee and the license fee payable pursuant to the Agreement, but such adjustment shall not affect calculations made prior thereto and no adjustment shall be made in respect thereof.

  • Sublicense Fees Licensee will pay Sublicense Fees indicated in Section 3.1(e) of the Patent & Technology License Agreement on or before the Quarterly Payment Deadline for the Contract Quarter.

  • Annual Maintenance Fee In consideration of the license granted to Licensee under Section 2.1, Licensee shall pay Licensor on-going annual maintenance fees of **** on each anniversary of the Effective Date.

  • Royalty Fee The Licensee agrees to pay AmericaTowne a monthly fee equal to 7.5% of its Gross Retail Sales (the "Royalty Fee").

  • License Maintenance Fees COMPANY shall pay to M.I.T. the following license maintenance fees on the dates set forth below: [January 1, year] [dollar amount] [January 1, year] [dollar amount] [and each January 1 of every year thereafter] [dollar amount] This annual license maintenance fee is nonrefundable; however, the license maintenance fee may be credited to running royalties subsequently due on NET SALES earned during the same calendar year, if any. License maintenance fees paid in excess of running royalties due in such calendar year shall not be creditable to amounts due for future years.

  • Royalty Rate Licensee shall pay to Licensor three percent (3%) of the first $25 million of Revenues received by Licensee or its Affiliates, and two percent (2%) of all additional Revenues received by Licensee or its Affiliates, subject to reductions pursuant to Sections 4.2.2 and 4.2.3.

  • Milestone Payment Within thirty (30) days following the first Patent Issuance, Eton shall give written notice to Imprimis and shall pay to Imprimis a non-refundable and noncreditable payment of fifty thousand dollars ($50,000).

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