Common use of Annual License Maintenance Fees Clause in Contracts

Annual License Maintenance Fees. Licensee agrees to pay Harvard annual license maintenance fee as follows: [***] Each annual license maintenance fee shall be due and payable on the first business day in January of the applicable year, and creditable against any royalty amounts payable under Section 4.3.1 below with respect to Licensed Products sold and Licensed Services performed in the same anniversary year that such annual license maintenance fee was due.

Annual License Maintenance Fees. Licensee agrees to shall pay Harvard annual license maintenance fee fees (“Maintenance Fees”) as follows: [***] Each annual license maintenance fee such Maintenance Fee shall be due and payable on the first business day in January 1st of the applicable yearCalendar Year to which such fee applies; provided that the Maintenance Fee for 2019 shall be pro-rated and payable within [***] days after receipt of an invoice from Harvard for such amount, and creditable against any royalty amounts payable under Section 4.3.1 below with respect to Licensed Products sold and Licensed Services performed in but which payment obligation shall accrue immediately upon the same anniversary year that such annual license maintenance fee was dueEffective Date of this Agreement.

Annual License Maintenance Fees. Licensee agrees to pay Harvard annual license maintenance fee as follows: [***] Each annual license maintenance fee shall be due and payable on follows (except to the first business day in January of extent already paid since the applicable yearOriginal Effective Date, and creditable against any royalty amounts payable under Section 4.3.1 below with respect to Licensed Products sold and Licensed Services performed in the same anniversary year that such annual license maintenance fee was due.as noted below):