Annual Renewal Fee Sample Clauses
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.
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.
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. The Company shall pay Agent an annual renewal fee for each individual properly enrolled in a PDP Plan which Agent is approved and authorized to market and promote for the 2008 CMS Contract Year and who remains enrolled in the same PDP Plan in subsequent CMS Contract Years. Such renewal fees will not be made if individual was already enrolled in a Company PDP Plan at the time of enrollment. Payment will be made following the Company’s receipt and processing of CMS confirmation that the renewing PDP Plan member has continued his or her enrollment in the PDP Plan following the close of the annual open enrollment period. $5.00 Annual Renewal Fee
Annual Renewal Fee. An Annual Renewal Fee of Euro (see license fee list) excluding VAT tax is due on each Effective Date of the respective Year and after the receipt of an appropriate invoice from XXXX XXXXXXX. The annual renewal fee will also be adjusted to accommodate the annual inflation rate of the USA, equal to the publicly quoted US consumer price index (CPI) as defines by the U.S. Department of Labor, at a maximum of 3% increase annually. A delay in payment in excess of thirty one (31) days after the Effective Date or receipt of the invoice, whichever is later, will result in an additional surcharge of 2% of the total payment due per calendar month. Should the license fee payment be delayed by more than ninety (90) days after the Effective Date, XXXX XXXXXXX shall provide notice to LICENSEE and LICENSEE shall have thirty (30) days to cure, if LICENSEE fails to cure XXXX XXXXXXX shall have the right to terminate this non-exclusive license agreement.
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.
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. If on any anniversary date of this Agreement, the Maturity Date as of such anniversary date is scheduled pursuant to a writing executed by both Bank and Borrower for a date that is at least two (2) years following the date of such anniversary date, then the Borrower shall unconditionally pay to Bank a fee (the “Renewal Fee”) of $50,000.00 (i.e. 0.25% of the Line of Credit Commitment), in full in good collected funds on each such anniversary date of this Agreement (or if such date is not a Business Day, on the next succeeding Business Day). In the event that Borrower does not pay any Renewal Fee as herein required, Bank, without prejudice to its right to declare an Event of Default as a result of such failure, may terminate the Line
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.”