Common use of Charge and Payment Clause in Contracts

Charge and Payment. Considering the fact that the right to use cell phone game software and the service provided by the licensor constitute an indispensable, significant component part for the sake of the licensee's provision of value-added telecom service; and that the development of value-added telecom service that the licensor provides its end-users with is directly dependent, to a rather big extent, on the quality of the cell phone game software and technical service; and also that the licensor has invested a lot of manpower and resource during development of the cell phone game software; and with an eye to the necessity of providing those service items and guarantees listed under the sub-clauses 1.2.1, 12.2 and 1.2.3 to the licensee for a long period of time within the term of this Agreement, both parties agree that the licensee shall pay the following fees to the licensor as stipulated under the following sub-clauses:

Charge and Payment. Considering the fact that the right to use cell phone game software and the service provided by the licensor constitute an indispensable, significant component part for the sake of the licensee's ’s provision of value-added telecom service; and that the development of value-added telecom service that the licensor provides its end-users with is directly dependent, to a rather big extent, on the quality of the cell phone game software and technical service; and also that the licensor has invested a lot of manpower and resource during development of the cell phone game software; and with an eye to the necessity of providing those service items and guarantees listed under the sub-clauses 1.2.1, 12.2 and 1.2.3 to the licensee for a long period of time within the term of this Agreement, both parties agree that the licensee shall pay the following fees to the licensor as stipulated under the following sub-clauses: