Basic License Fee Sample Clauses

Basic License Fee. Licensee shall pay, as a basic license fee for each Licensed Premises, the sum set forth on Exhibit C attached hereto and incorporated by reference herein. These basic license fees shall be paid in advance on or before the tenth (10/th/) day of each month of the license term, and Licensee shall pay the basic license fee pro rata for that part, if any, of the term preceding the first license year.
Sample 1Sample 2
AutoNDA by SimpleDocs
Basic License Fee. Subject to the terms and conditions of this Agreement, CME shall pay S&P $***** for each Contract traded with respect to the current “big” S&P 500 Contract (i.e., for this purpose, the Contract that has been listed on CME since 1982, the current multiplier of which is $250 (the “Big Contract”) and $***** for each Contract traded with respect to any other Indexed Contract, through and including the date on which this Agreement is terminated or expires pursuant to the terms hereof, except as otherwise specifically provided for in this Section 5.
Sample 1
Basic License Fee. Without the need for ICC to send any notice or invoice, during the term of this License, Client shall pay Seven Thousand Eight Hundred Dollars and 00/00 Cents U.S. ($7,800.00) (the 'Basic Annual License Fee") for the right to use the 01Tice. The Basic License Fee shall be payable in equal monthly instalments of Two Thousand Six Hundred Dollars and 00/00 Cents U.S. ($2,600.00) (the 'Monthly License Fee Payment") in advance, on the first day of each calendar month after the Commencement Date. Time is of the essence with respect to the payment of all Monthly License Payment Fees, Additional License Fees, (as that term is used in this Agreement), and any other sums Client is supposed to pay pursuant to this License. Checks must be drawn and collectable on Domestic Banks unless prior written permission is given by IOC. If IOC agrees to any alternative method of payment, Client shall be responsible for any and all bank processing charges, wire transfer charges etc. Client may be required to increase security deposit or prepay amounts affected by such arrangement. In the event the check for the first Monthly License Fee payment is not honored by the bank the first time it is presented for payment IOC may declare this License to be void ab initio (from its inception) and IOC may remorse anything Client has moved into the Ofrice and store them at the Clicnt's risk and expense and the Client agrees to be responsible for any and all damages incurred by IOC. If IOC does send any invoices for Monthly License Fee Payments as a courtesy or reminder, this shall not create any obligation on IOC to send any subsequent invoices, it being agreed that the Monthly License Fee Payment will be due without the need for IOC to send any invoices or notices. All charges for Monthly License Fee Payments, Additional License Fees, (as that term is used in this License), and any other sums Client is expected to pay pursuant to this License, shall be considered correct and completely collectable unless disputed in WRITING within thirty (30) days of the due date. No ORAL NOTICE SHALL BE RECOGNIZED OR EFFECTIVE. Payment for the Basic Monthly License Fees & Additional License Fees may not be withheld due to variable charge questions that await resolution.
Sample 1
Basic License Fee. (i) The basic license fee for the Licensed Software will be based upon the number of Transactions (as hereafter defined) performed with the Licensed Software. The basic license fee will initially be $0.04 per Transaction, which amount may be adjusted as hereafter provided. As used herein, a "Transaction" shall mean an individual low fare searching query from the Site to the Licensor's server.
Sample 1

Related to Basic License Fee

  • License Fee Controlled Affiliate will pay to BCBSA a fee for this License determined pursuant to the formula(s) set forth in Exhibit B.

  • License Fees If so provided in the Prospectus, the Depositor may enter into a Licensing Agreement (the "Agreement") with a licensor (the "Licensor") described in the Prospectus in which the Trust(s), as consideration for the licenses granted by the Licensor for the right to use its trademarks and trade names, intellectual property rights or for the use of databases and research owned by the Licensor, will pay a fee set forth in the Agreement to the applicable Licensor or the Depositor to reimburse the Depositor for payment of the expenses. If the Agreement provides for an annual license fee computed in whole or part by reference to the average daily net asset value of the Trust assets, for purpose of calculating the accrual of estimated expenses such annual fee shall accrue at a daily rate and the Trustee is authorized to compute an estimated license fee payment (i) until the Depositor has informed the Trustee that there will be no further deposits of additional Securities, by reference to an estimate of the average daily net asset value of the Trust assets which the Depositor shall provide the Trustee, (ii) thereafter and during the calendar quarter in which the last business day of the period described in clause (i) occurs, by reference to the net asset value of the Trust assets as of such last business day, and (iii) during each subsequent calendar quarter, by reference to the net asset value of the Trust assets as of the last business day of the preceding calendar quarter. The Trustee shall adjust the net asset value (Trust Fund Evaluation) as of the dates specified in the preceding sentence to account for any variation between accrual of estimated license fee and the license fee payable pursuant to the Agreement, but such adjustment shall not affect calculations made prior thereto and no adjustment shall be made in respect thereof.

  • License Maintenance Fee Beginning on the first anniversary of the Effective Date, and on each anniversary of the Effective Date thereafter during the term of the Agreement, Company shall pay to Medical School {***}. This annual license maintenance fee is nonrefundable and is not creditable against any other payments due to Medical School under this Agreement.

  • Sublicense Fees Licensee will pay Sublicense Fees indicated in Section 3.1(e) of the Patent & Technology License Agreement on or before the Quarterly Payment Deadline for the Contract Quarter.

  • License Maintenance Fees Licensee will pay license fees in the amounts set forth in Sections 3.1(d) of the Patent & Technology License Agreement in accordance with the stated schedule.

  • Maintenance Fee The Maintenance Fee (SEE SCHEDULE - ACCUMULATION PERIOD) will be deducted during the Accumulation Period from the Account Value on each anniversary of the Account Effective Date and upon withdrawal of the entire Account.

  • Maintenance Fees All maintenance and similar fees in respect of any Purchased Assets that are due and payable prior to the Closing have been paid in full.

  • Initial License Fee In partial consideration for the exclusive license granted pursuant to Section 2.1 hereof, Licensee shall pay to Scripps a non-refundable license fee upon execution of this Agreement in the amount of 70,000 shares of Licensee common stock as specified in Exhibit D. The license fee described in this Section is consideration for the grant and continuation of the license hereunder, and Scripps shall have no obligation to return any portion of such license fee, notwithstanding any failure by Licensee to develop any Licensed Product or market any Licensed Product commercially, and notwithstanding the volume of sales of any such Licensed Product.

  • License Issue Fee Company shall pay Hospital a non-refundable license issue fee in the amount of [***] dollars ($[***]) upon execution of this Agreement.

  • Technology Access Fee In consideration of the licenses and rights granted to Regado herein, Regado shall, as of the date immediately preceding the closing (the “Closing”) of the first equity financing of Regado in which Regado is assigned a pre-money valuation of not less than [***] dollars ($[***]), issue to Archemix fully-paid and non-assessable shares of common stock of Regado equal to [***] percent ([***]%) of the total number of equity shares of Regado, on a fully diluted basis, immediately prior to the issuance of shares at the Closing. Regado shall deliver written notice of the Closing to Archemix at least [***] business days prior to such Closing in accordance with the notice provisions contained in Section 14.1 of this Agreement. Archemix and Regado shall enter into such agreements relating to the issuance of the common stock as are customary under such circumstances. For the purpose of this Agreement, “fully diluted basis” shall mean the aggregate of (a) the number of shares of common stock issued and outstanding on the determination date, (b) the number of shares of common stock issuable upon exercise, exchange or conversion of all exercisable, exchangeable or convertible securities outstanding on the determination date, assuming such securities were exercised, exchanged or converted on the determination date (without regard to whether such securities are actually exercisable, exchangeable or convertible on the determination date) and (c) the number of shares of common stock issuable pursuant to any other obligation or agreement of, or right granted by, Regado, whether vested or unvested, contingent or otherwise.

Time is Money Join Law Insider Premium to draft better contracts faster.