Common use of ANNUAL LICENCE FEE Clause in Contracts

ANNUAL LICENCE FEE. A non-refundable Annual Licence Fee shall be payable by the Authorized Vendor in respect of the provision of any Pricing Data under the terms of this Agreement. The Licence Fee varies depending on the Package(s) that the Authorized Vendor is authorized to redistribute. The annual license fees are payable annually in advance within 30 days of the date of each invoice, the annual fees are payable in January, the first annual payment, if not commencing in January, is payable on a pro-rata basis.

Appears in 2 contracts

Samples: Vendor Agreement, Vendor Agreement

AutoNDA by SimpleDocs

ANNUAL LICENCE FEE. A non-refundable Annual Licence Fee shall be payable by the Authorized Vendor Distributor in respect of the provision of any Pricing Data under by the terms Distributor to firms outside of this Agreementits organisation (vendor redistribution). The Licence Fee varies depending on the Package(s) that the Authorized Vendor Distributor is authorized authorised to redistribute. The annual license fees are Licence Fee payable annually shall be determined in advance within 30 days of accordance with the date of each invoice, the annual fees are payable in January, the first annual payment, if not commencing in January, is payable on a pro-rata basistable below.

Appears in 1 contract

Samples: Internal Distribution Market Data Agreement

AutoNDA by SimpleDocs

ANNUAL LICENCE FEE. A non-refundable Annual Licence Fee shall be payable by the Authorized Vendor in respect of the provision of any Pricing Data under the terms of this Agreement. The Licence Fee varies depending on the Package(s) that the Authorized Vendor is authorized authorised to redistribute. The annual license fees are payable annually in advance within 30 days of the date of each invoice, the annual fees are payable in January, the first annual payment, if not commencing in January, is payable on a pro-rata basis.

Appears in 1 contract

Samples: Vendor Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!