Base Fee. Licensee shall pay a monthly license fee equal to $104,000.00 (“License Fee”), which Licensee shall pay in advance on or before the first day of each and every month during the Term by electronic payment to SmartLabs. The License Fee shall be subject to a three and one half percent (3.5%) increase upon each anniversary of the Term Commencement Date.
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Samples: License Agreement (Catalyst Biosciences, Inc.), License Agreement (Catalyst Biosciences, Inc.)
Base Fee. Licensee shall pay a monthly license fee equal to $104,000.00 103,005.00 (“License Fee”), which Licensee shall pay in advance on or before the first day of each and every month during the Term by electronic payment to SmartLabs. The License Fee shall be subject to a three and one half four percent (3.5%) increase 4%)increase upon each anniversary of the Term Commencement DateDate , as shown on Schedule A attached hereto. Notwithstanding anything to the contrary, the parties agree that the License Fee for the first (1st) month of the Term shall be reduced by twenty-five percent (25%).
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Base Fee. Licensee shall pay a monthly license fee equal to $104,000.00 200,700.00 (“License Fee”), which Licensee shall pay in advance on or before the first day of each and every month during the Term by electronic payment to SmartLabs. The License Fee shall be subject to a three and one half four percent (3.54%) increase upon each anniversary of the Term Commencement Date, as shown on Schedule A attached hereto.
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Base Fee. Licensee shall pay a monthly license fee equal to $104,000.00 68,775.00 (“License Fee”), which Licensee shall pay in advance on or before the first day of each and every month during the Term by electronic payment to SmartLabs. The License Fee shall be subject to a three and one half percent (3.5%) increase upon each anniversary of the Term Commencement Date.
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