Annual Renewal Fee. On the one (1) year anniversary date of the Portal Launch Date, and for each full year thereafter that the portal is operational on RDR’s server, the Customer will pay an annual renewal fee equal to $150.00 (the “Annual Renewal Fee”). Notice will be sent to the Customer prior to the Annual Renewal Fee being automatically paid using the card on file. To avoid payment of the Annual Renewal Fee, Customer must (1) provide RDR 30 days notice of cancellation of Portal services prior to the Portal anniversary date; and (2) Portal must be removed from RDR’s servers prior to the Portal anniversary date. Failure to execute (1) or (2) in a timely manner will result in the collection of the Annual Renewal Fee from Customer. Client waives any claims Client may have and hold RDR harmless from any liability, damages, losses, whether arising from Client or any third party resulting from the removal of the Portal from RDR’s servers or from the internet. It is the sole responsibility of the Client maintain compliant communications with investors or potential investors, both during the RDR hosting of the Portal and after RDR Portal hosting has ended. Client takes sole responsibility for the timing of any information or content that is displayed on the RDR hosted Portal, and holds RDR harmless for the displaying of information, documentation, or content of anything displayed or accessible via the Portal, including the timing of such.
Annual Renewal Fee. Licensee shall pay to University a non-creditable, non-refundable annual renewal fee in the amount of *** dollars ($***) on each anniversary of the Effective Date of the Agreement, until such time that Licensee makes its initial Milestone Payment under Section 3.6. This annual renewal fee shall become *** dollars ($***) on each anniversary of the Effective Date of the Agreement after the exercise of the Option pursuant to Section 2.2, expiring once Licensee makes its initial Milestone Payment under Section 3.6. For avoidance of doubt, if Licensee exercises the Option on the applicable anniversary of Effective Date of the Agreement, Licensee shall only be required to pay one (not two) annual renewal fee of *** dollars $*** (not $***) on such date pursuant to this Section 3.2, and if Licensee exercises the Option on any other date, the annual renewal fee shall be pro-rated accordingly based on the number of days during the applicable year that the license was non-exclusive and exclusive. *** INDICATES MATERIAL THAT WAS OMITTED AND FOR WHICH CONFIDENTIAL TREATMENT WAS REQUESTED. ALL SUCH OMITTED MATERIAL WAS FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED.
Annual Renewal Fee. Licensee shall pay to Healthnet annual renewal fees in the amount of 10% of the initial license fee. The annual fee shall be payable upon the first day of each renewal term. 3.3
Annual Renewal Fee. With respect to Section 3.1 of the Loan Agreement and the corresponding Section of the Schedule thereto regarding the Renewal Fee (and in addition to the renewal fee in the amount of $20,000 charged on or about May 28, 2000), on May 28, 2001 and each anniversary thereof so long as any Obligations remain outstanding, Borrowers shall pay FINOVA an annual renewal fee for SCPI equal to one-half of one percent (0.5%) of the amount of the Total Facility, which annual renewal fees shall be deemed fully earned when they become due and payable.
Annual Renewal Fee. In addition to Debtor’s obligations, representations and warranties hereunder, Debtor shall pay to Secured Party an Annual Renewal Fee equal to one hundred dollars ($100.00) for every one million dollars ($1,000,000.00) of the Total Amount of Uncommitted Credit Facility less the amount of all vendor program lines by which Secured Party or De Xxxx Xxxxxx Financial Services, Inc. finances Debtor’s acquisition of inventory under the terms of program agreements between such vendors and Lender or De Xxxx Xxxxxx Financial Services, Inc. Secured Party will invoice by July 31st of each year. The annual renewal fee shall be due and payable to Secured Party no later than August 31st of that year.”
Annual Renewal Fee. The Salford Software shall be subject to annual renewal license fees. In the calendar year 2003, for annual renewal of CART 4.x or CART 5.x/Treenet 1.x, Ciphergen shall pay Salford $[*] per unit for each unit of Salford Software and $[*] for each additional seat, if any. Ciphergen shall order each such renewal license following receipt of the applicable renewal request from an End-User. Salford shall issue an invoice in connection with such orders and Ciphergen shall pay each such invoice within 30 days after receipt of such invoice. Salford acknowledges and agrees that Ciphergen’s End-Users will contact Ciphergen directly to purchase annual license renewals. In the event that any End-User fails to renew any such license or to purchase an annual license renewal and subsequently wishes to purchase a renewal of such license, Salford shall not impose any penalties, interest or other fees in connection with any such renewal. Ciphergen shall have no liability, financial or otherwise, hereunder to Salford for any such license with respect to which the applicable End-User fails to renew such license. * Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.
Annual Renewal Fee. On the first anniversary of the date of this Agreement, and on each subsequent anniversary of said date, if this Agreement is in effect, Borrower shall pay FINOVA a renewal fee in the amount of Seventeen Thousand Five Hundred Dollars ($17,500) ("Annual Renewal Fee"), which shall be deemed fully earned on the date due and shall be non-refundable. Unused Line Fee. With respect to each calendar month, or portion thereof during the term of this Agreement, Borrower shall unconditionally pay to FINOVA a fee equal to one-half of one percent (0.50%) per annum of the difference between the Revolving Credit Limit and the average daily outstanding balance of the Revolving Credit Loans during such month, or portion thereof ("Unused Line Fee"), which fee shall be calculated and payable monthly, in arrears, and shall be due and payable, commencing on the first Business Day of the Borrower's first calendar month following the Closing Date and continuing on the first Business Day of each calendar month thereafter. Examination Fee. Borrower agrees to pay to FINOVA an examination fee in the amount of Six Hundred Dollars ($600) per person per day in connection with each audit or examination of Borrower performed by FINOVA prior to or after the date hereof, plus all costs and expenses incurred in connection therewith (the "Examination Fee"). Without limiting the generality of the foregoing, Borrower shall pay to FINOVA an initial Examination Fee in an amount equal to Six Hundred Dollars ($600) per person per day, plus all costs and expenses incurred in connection therewith. Such initial Examination Fee shall be deemed fully earned at the time of payment and due and payable upon the closing of this transaction, and shall be deducted from any good faith deposit paid by Borrower to FINOVA prior to the date of this Agreement. ================================================================================ CONDITIONS OF CLOSING (SECTION 4.1): The obligation of FINOVA to make the initial advance hereunder is subject to the fulfillment, to the satisfaction of FINOVA and its counsel, of each of the following conditions, in addition to the conditions set forth in Sections 4.1 and 4.2 above:
Annual Renewal Fee. Unless this Agreement is terminated pursuant to Section 9 hereof, the Company agrees to pay CIT an Annual Renewal Fee in the amount set forth in Section 3.4 of the Schedule, which shall be due and payable as set forth in Section 3.4 of the Schedule, and fully earned upon each Renewal Date.
Annual Renewal Fee. After the first year of the Term and for each year thereafter that the Agreement remains in effect, Implementation Partner shall pay PeopleSoft, in advance, an annual renewal fee. The annual renewal fee is 50% (fifty percent) of the total software license fee for all software licenses acquired under this Agreement. If Implementation Partner is extending licenses of previously acquired software in this Agreement, the total annual software support services fees for said software will be included in the annual renewal fee. IMPLEMENTATION PARTNERS THAT ARE ALSO EXISTING PEOPLESOFT CUSTOMERS WILL RECEIVE AN ADDITIONAL 25% (TWENTY-FIVE PERCENT) PRICE REDUCTION OFF OF EACH YEAR'S NET RENEWAL FEE. [Example assuming only new Software licensed: Total license fee is $100,000; Annual Renewal fee is $50,000. Existing customer/Implementation Partner annual renewal fee is: $37,500.]
Annual Renewal Fee. Subject to the provisions of Section 2.6 ------------------ hereof, the Bank shall receive an annual renewal fee of one-half of one percent (.5%) of the amount at which the Line of Credit is renewed.
