Annual License Fee. Upon the mutual execution of this Agreement, GROWER shall pay PVMI a single Annual License Fee as above.
Annual License Fee. Licensee agrees to pay to Licensor an annual license fee (the "Annual License Fee") based on the total population of each of the markets in the Licensed Territory (the "Pops") as determined by the most recent population estimates produced by an independent company selected in good faith by Licensor, with a minimum Annual License Fee of three thousand dollars ($3,000.00) per market in the Licensed Territory for each year during the Term. If the Effective Date of this License Agreement or the commencement of a Subsequent Year is on or before December 31, 1997, the Annual License Fee for the Initial Year or the Subsequent Year, as the case may be, shall be equal to two cents ($0.02) per person in the Licensed Territory, but not less than the foregoing minimum. If the Effective Date of this License Agreement or the commencement of a Subsequent Year is after December 31, 1997, the Annual License Fee for the Initial Year or the Subsequent Year, as the case may be, shall be calculated in accordance with Section V.E. below, but shall not be less than the foregoing minimum. The Annual License Fee shall be due on each January 1 and payable on or before each January 31 of each Subsequent Year during the Term, for the full calendar year; provided however, that the Annual License Fee for the Initial Year shall be paid upon execution of this License Agreement by Licensee. Notwithstanding the foregoing, if the Initial Year commences on a day other than January 1, the Annual License Fee for the Initial Year (including the foregoing minimum fee, if applicable) shall be prorated to reflect the portion of that calendar year included within the Initial Year. The Annual License Fee will not be prorated or refunded in whole or in part under any other circumstances; provided, however, that upon the normal expiration of this License Agreement at the end of the Term or any renewal Term (but in no other event, including without limitation, upon the voluntary or involuntary termination of this License Agreement for any reason), Licensor agrees to refund a prorated portion of the Annual License Fee reflecting that portion of that calendar year remaining after the date of expiration, less any set off for any other fees owing to Licensor.
Annual License Fee. Licensor authorizes EP to sublicense selected Content in accord with the Agreement, to sublicensees that will provide the Content to end- users. EP will receive a guaranteed annual fee from its sublicensee in consideration of the Content sublicense. Licensor will earn royalties equal to 20 percent of the net revenue generated from inclusion of Content in the Product licensed for the Annual License Fee.
Annual License Fee. The Licensee shall pay to the TRC an annual License fee based on a percentage of the operating revenues arising from its Licensed Activities. The percentage shall be determined by the TRC, but shall not exceed 1% of such revenues. This annual License fee shall be recovered from all Licensees in order to recover the costs of the TRC regulating the Jordanian telecommunications and information technology sector, as detailed in this License Agreement and/or Regulations.
Annual License Fee. With regard to each of the first three (3) calendar years following the Effective Date the Licensee shall pay Licensor an annual license fee of USD $7,500 (seven thousand five hundred United States Dollars); thereafter, with respect to any calendar year the Company shall pay Licensor an annual license fee of USD $20,000 (twenty thousand) (“Annual License Fee”).
Annual License Fee. Within thirty (30) days of each of the first and second anniversaries of the Effective Date, provided that Curis has used commercially reasonable efforts to meet its obligations under Section 3.1 during the first or second twelve (12) month period of this Agreement, as applicable, Genentech shall pay to Curis an annual license fee (each a “License Fee”) of two million dollars ($2,000,000), for an aggregate of four million dollars ($4,000,000) in License Fees. Termination of this Agreement by Genentech effective twelve (12) months or more after the Effective Date pursuant to Section 13.2 hereof will not terminate Genentech’s obligation to pay the first License Fee required by this Section 8.2. In addition, if Genentech provides notice to Curis of the termination of this Agreement pursuant to Section 13.2 with one hundred eighty (180) or fewer days remaining in the second twelve (12) month period of this Agreement, Genentech shall pay the second License Fee on or before its scheduled due date.
Annual License Fee. LICENSEE shall pay to JHU annually on or before January 1 of each calendar year the ANNUAL LICENSE FEE as specified in Exhibit A-2.
Annual License Fee. Company shall pay to Hospital the non-refundable amount of [***] Dollars ($[***]) as an annual license fee (the “Annual License Fee”) within [***] days after each of the first (1st) and second (2nd) anniversaries of the Effective Date. The first [***] Dollars ($[***]) of the Annual License Fees shall be creditable against royalties subsequently due on Net Sales amounts made during the [***] and [***] calendar years following the Effective Date, if any, but shall not be credited against royalties due on Net Sales made in any other subsequent year.
Annual License Fee. (a) Company shall pay to Hospital the following non-refundable amounts as an annual license fee within [* * *] days after each of the following anniversaries of the Effective Date:
(i) the [* * *] anniversary of the Effective Date: [* * *] dollars ($[* * *]);
(ii) the [* * *] anniversary of the Effective Date: [* * *] dollars ($[* * *]);
(iii) the [* * *] anniversary and on each subsequent anniversary of the Effective Date thereafter: [* * *] dollars ($[* * *]).
Annual License Fee. If during any calendar year Customer utilizes the Geo Search or Geo Search Maps functionality or an accessor of Customer’s Web Site transmits a Geo Search or Geo Search Map request, Customer shall pay to Pegasus an annual mapping license fee of (***).
