Charging of License Fee Sample Clauses

Charging of License Fee a. The licensee shall pay the quoted Annual License Fee for wrapping of trains of Reach-1 and/or Reach-3 of Maha-Metro network. b. The license fee shall be payable in advance on half-yearly basis to Maha-Metro, calculated on the basis of the quoted Annual License Fee. c. The License fee shall commence immediately after from the date of signing of License Agreement and shall be charged until the termination/completion of agreement/Contract. d. The aforesaid Annual License Fees shall be paid in two instalments and shall be due on 1st April and 1st October of each calendar year.
Sample 1Sample 2
AutoNDA by SimpleDocs
Charging of License Fee. The licensee shall pay the quoted Annual License Fee for advertisement rights on DMRC trains on Line-8 of DMRC network & exterior wrapping of trains of Line-8, maximum of 10% of total train coaches and subject to maximum of 20% of total train sets under operational holding of any make & configuration on Line-8 as mentioned in Annexure-1, amounting to Rs. XXXX (as per the quoted rate) to DMRC plus GST as applicable, payable for a period of 12 months. The license fee shall be payable in advance on quarterly basis to DMRC, by the last working day of previous running quarter, calculated on the basis of the quoted Annual License Fee. The license fee shall commence immediately after expiry of the fitment period of 30 days i.e. from the 31st day from the date of first handing over of the first lot of trains for advertisement or date of deemed handing over, whichever is earlier. The maintenance of the digital panels being used by the licensee shall be done by DMRC at the cost of licensee, the lump sum cost of which has been included in the maintenance / service charges provided in the tender document i.e. Rs.
Sample 1
Charging of License Fee a. The Licensee shall pay the quoted Licensee Fee for the advertising rights on DMRC trains on Line-8 of DMRC network and exterior wrapping of trains of Line- 8, subject to maximum of 10% of total train coaches & subject to maximum of 20% of total train sets under operational holding of any make & configuration on Line-8 as mentioned in Annexure-1, amounting to Rs. XXX (as per the quoted rate) to DMRC plus GST as applicable for a period of 12 months. The License Fee shall be payable in advance on quarterly basis to DMRC, by the last working day of the previously running quarter, calculated on the basis of the quoted annual license fee.
Sample 1
Charging of License Fee a. The Licensee shall pay the quoted Licensee Fee for the advertising rights on DMRC trains on Line-8 of DMRC network , amounting to Rs. XXX (as per the quoted rate) to DMRC plus GST as applicable for a period of 12 months. The License Fee shall be payable in advance on quarterly basis to DMRC, by the last working day of the previously running quarter, calculated on the basis of the quoted annual license fee. The license fee for exterior & inside/interior wrapping of one coach would be as per clause 3.3 of Article-3 of DLA.
Sample 1
Charging of License Fee. The licensee shall pay the quoted Annual License Fee for advertisement rights on DMRC trains on Line-8 of DMRC network, amounting to Rs. XXXX (as per the quoted rate) to DMRC plus GST as applicable, payable for a period of 12 months. The license fee shall be payable in advance on quarterly basis to DMRC, by the last working day of previous running quarter, calculated on the basis of the quoted Annual License Fee. The license fee for exterior wrapping of one coach would be Rs. 84,000/- per coach per month (excluding GST). This amount shall be over and above the license fee indicated at Para 3.3 of Article-3 of the DLA. The same shall be escalated & increased by 5% on completion of every year of the license period on compounding basis. The license fee shall commence immediately after expiry of the fitment period of 30 days i.e. from the 31st day from the date of first handing over of the first lot of trains for advertisement or date of deemed handing over, whichever is earlier. The maintenance of the digital panels being used by the licensee shall be done by DMRC at the cost of licensee, the lump sum cost of which has been included in the maintenance / service charges provided in the tender document i.e. Rs.
Sample 1
Charging of License Fee a.) License fee shall be charged on actual super area handed over to the successful bidder subject to minimum chargeable area of 04 sqm for each ATM site. The aforesaid license fee shall be charged in advance on Half Yearly basis. The applicable Goods & Service Tax (GST) shall also be payable extra as applicable from time to time, along with the license fee. The license fee (advance), for the subsequent half years, shall be payable by the last working day of the previous running half years. b.) All other statutory taxes, statutory dues, local levies, third party dues (i.e. electricity, water consumption charges etc.) as applicable shall be charged extra and shall have to be remitted along with the license fees for onward remittance to the Government. The successful bidder shall indemnify DMRC from any claims that may arise from the statutory authorities in connection with this tender document / license agreement. Any change in tax structure as per govt. guidelines will also be applicable. c.) The license period shall commence from the date of first handing over of the ATM site and the charging of license fee shall commence immediately after 45 days fitment period from date of handing over of tendered space i.e. from 46th day of fitment period or date of deemed handing over whichever is earlier or immediately after 15 days from the date of completion of electrical work by DMRC and subsequent handing over of energy metre or notice/letter for taking handing over, whichever is later. d.) The license fee, OMC and other recurring charges shall be increased & escalated by 20% on compounding basis after completion of every three (3) year of license period.
Sample 1
Charging of License Fee a) The Licensee shall pay the quoted Licensee Fee for the advertisement rights on DMRC trains on Line-8 of DMRC network and wrapping of trains of Line-8, subject to maximum of 10% of total train coaches & subject to maximum of 20% of total train sets under operational holding of any make & configuration on Line-8 as mentioned in Annexure-I, amounting to Rs. XXX (as per the quoted rate) to DMRC plus GST as applicable for a period of 12 months. The License Fee shall be payable in advance on quarterly basis to DMRC, by the last working day of the previously running quarter, calculated on the basis of the quoted annual license fee. The maintenance of the digital panels being used by the licensee shall be done by DMRC at the cost of licensee, the lump sum cost of which has been included in the maintenance / service charges provided in the tender document i.e. Rs. 3.00 lakh per depot per quarter plus GST, to be increase and escalated @ 20% after completion of every 3 years of license period on compounding basis. b) The Exclusive Advertisement Rights of Delhi Metro Trains shall be granted for trains under operation at Line-8 after issue of Letter of Acceptance and handing over of trains for display of advertisement by DMRC. c) The configuration of each train set may be modified by DMRC at any stage on Line-8. DMRC may induct additional train sets in Line-8 or withdraw any train set from the service in Line-8, without giving any prior intimation to the Licensee. However, there shall not be any reduction/modification in the annual License Fee except for the provision for increase in license fee due to increase in holding beyond 174 cars/coaches on Line-8 as detailed below. The licensee will not have any claim for compensation, damages etc. in this regard. d) The amount of the license fee payable to DMRC shall remain valid up to 174 number of car coaches holding in Line 8. If there is any increase in car coaches beyond 174 on Line 8, the amount of license fee payable to DMRC shall be increased on pro-rata basis from the date of induction of the train from revenue service. a) The selected bidder/licensee shall ensure that the train exteriors and interiors are not spoiled or damaged in the process of displaying the advertisements and particular care should be exercised while displaying advertisements as train wraps. Utmost care shall be exercised while affixing or removing of train wraps on exterior surface of Metro Trains and ensure that no damage of whatsoever natur...
Sample 1
AutoNDA by SimpleDocs
Charging of License Fee a) The Licensee shall pay the quoted Licensee Fee for the advertisement rights on DMRC trains on Line-8 of DMRC network and wrapping of trains of Line-8, subject to maximum of 10% of total train coaches & subject to maximum of 20% of total train sets under operational holding of any make & configuration on Line-8 as mentioned in Annexure-I, amounting to Rs. XXX (as per the quoted rate) to DMRC plus GST as applicable for a period of 12 months. The License Fee shall be payable in advance on quarterly basis to DMRC, by the last working day of the previously running quarter, calculated on the basis of the quoted annual license fee. The maintenance of the digital panels being used by the licensee shall be done by DMRC at the cost of licensee, the lump sum cost of which has been included in the maintenance / service charges provided in the tender document i.e. Rs.
Sample 1

Related to Charging of License Fee

  • PAYMENT OF LICENCE FEE 4.1 In consideration for the Licence Granted to the Licensee, the Licensee must pay to SAMRO an annual Licence Fee calculated in accordance with the SAMRO Tariff RT, as amended from time to time (“Licence Fee”). 4.2 The Licence Fee is payable annually, in advance, within 30 days (including weekends and public holidays) of the date of invoice. 4.3 The Licence Fee is based on the information provided by the Licensee. The licensee warrants that all information provided to SAMRO is true, correct and up to date. 4.4 XXXXX may amend the Tariff and Licence Fee payable, with 3 (three) months’ prior written notice of any such amendment to the Licensee. 4.5 The Licensee is liable for payment of the amended licence fee from the date that the amended Tariff becomes effective. 4.6 If any increased Licence Fee becomes payable as a result of a change in the manner and extent of the Performance or usage of XXXXX’s Repertoire, the Licensee must forthwith pay the proper proportion of such increased fee from the date of such change in the manner or extent of Performance of music. 4.7 If the amended Licence Fee is less than that which the Licensee previously paid, the pro-rata balance in respect thereof will be set off as a credit against the Licence Fee payable for the next ensuing year or, at the Licensee’s option, refunded. 4.8 XXXXX will have the right, at any time during the subsistence of the Agreement, to reassess and check the Licence Fee payable by the Licensee and the parameters upon which the Licence Fee is payable.

  • License Fee The Licensee to shall make payment of the License Fee to Licensor on the date of this Agreement. All rights granted to Licensee by Producer in the Beat are conditional upon Licensee’s timely payment of the License Fee. The License Fee is a one-time payment for the rights granted to Licensee and this Agreement is not valid until the License Fee has been paid.

  • 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. (17) Sections 2.05(a) and 2.05(b) are hereby amended and replaced in their entirety with the following:

  • License Maintenance Fee LICENSEE will pay to REGENTS an annual license maintenance fee of [Written amount] U.S. Dollars ($Number) on the one (1) year anniversary date of the Effective Date and on each anniversary of the Effective Date thereafter. Notwithstanding the foregoing, the license maintenance fee will not be due and payable on any anniversary of the Effective Date, if on such date the LICENSEE is selling LICENSED PRODUCTS or LICENSED METHODS, and LICENSEE pays an earned royalty to REGENTS.

  • License Fees and Royalties Consistent with the applicable U.S. DOT Common Rules, the Recipient agrees that license fees and royalties for patents, patent applications, and inventions produced with federal assistance provided through the Underlying Agreement are program income, and must be used in compliance with federal applicable requirements.

  • Licence Fees 4.1 In consideration of the licences and authorisations granted under this Agreement, the Licensee will pay to ICE the Licence Fees for the Term in advance, in Euro. 4.2 The Licence Fees shall be payable online by debit/credit card via ICE’s designated payment provider, Stripe Payments Europe, Ltd and its affiliates (please see ICE’s Privacy Policy for further information). For the avoidance of doubt, this Agreement shall not come into force until the Licensee has paid the Licence Fees. 4.3 The Licence Fees are non-refundable and recoupable against the usage limit(s) and revenue cap(s) set out in the Cover Sheet during the Term. For the purposes of calculating recoupment, each Stream / Download / Subscriber Month on a Licensed Service in a Tier 2 country will count as 0.5, while each Stream / Download / Subscriber Month in a Tier 1 country will count as 1. 4.4 Where it is necessary for the Licensee to exchange the currency of an amount into Euro for the purpose of the revenue cap(s) in the Cover Sheet or the sum set out in clause 4.8, the exchange rate used will be the average exchange rate for the Term as published in the European Central Bank Monthly statistics bulletin. 4.5 The Licensee may at any time during the Term purchase a licence for additional Licensed Services online via ICE’s website. The licence for the additional Licensed Services purchased shall commence once the Licence Fees have been paid for such additional Licensed Services. 4.6 The Licensee shall notify ICE immediately if the maximum usage limits in Band 16 in any one Licensed Service are exceeded. If the maximum usage limits are exceeded, this Agreement shall terminate, and the Licensee shall contact ICE to discuss the appropriate licence applicable to the Licensee. 4.7 The Licensee shall notify ICE immediately (by email to xxxxxxxxx@xxxxxxxxxxx.xxx) if the Licensee’s usage of any of the Licensed Services exceeds the limits stated in the Cover Sheet, so that the amount the Licensee pays as Licence Fees may be adjusted accordingly. 4.8 The Licensee shall notify ICE if the Gross Revenue from the Licensed Service(s) exceeds the sum of EUR 250,000 (excluding the applicable Sales Tax) per annum. In such circumstances, this Agreement shall terminate, and the Licensee shall contact ICE to discuss the appropriate licence applicable to the Licensee. 4.9 The Licence Fees set out in this Agreement are combined fees for the licensing of the Mechanical Rights and the corresponding Performing Rights for each Repertoire Work and any other rights that are expressly granted to the Licensee hereunder, including (in accordance with established industry practice) for shares in Musical Works that are under copyright control or unmatched works (or a portion thereof) used on the Licensed Services, applying a consistent approach to ICE’s other licensees that operate services similar to those of the Licensee in the applicable period. 4.10 The Rights Holders confirm and warrant that ICE is authorised to receive all payments under this Agreement on behalf of the Rights Holders. Accordingly, the Licensee will pay to ICE Licence Fees and any other payments falling due under this Agreement in consideration of the licences and authorisations granted under this Agreement. 4.11 The Licensee will pay its own bank charges on transfers of sums payable to ICE. 4.12 All licence fees and payments referred to in this Agreement are subject to any applicable Sales Tax, which the Licensee will pay to ICE at the rate or rates from time to time in force on any sums payable under this Agreement. 4.13 Except as expressly set out in this Agreement, no deduction in respect of any tax, or any other deduction or set-off of whatsoever nature, will be made in calculating or paying any sum due under this Agreement. 4.14 The Licensee may be required by the national tax regulations applicable to the Licensee to retain a withholding tax on Licence Fees and to pay any such retained withholding tax to the competent tax authorities, if applicable. Save where restricted by national tax regulations applicable to the Licensee, if any such withholding is required, the Licensee shall, when making the payment to ICE to which the withholding tax relates, pay to ICE such additional amount as will ensure that ICE receives the same total amount that it would have received if no such withholding had been required.

  • 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.

  • AUDIT OF LICENSED PRODUCT USAGE Contractor shall have the right to periodically audit, no more than annually, at Contractor’s expense, use of licensed Product at any site where a copy of the Product resides provided that: (i) Contractor gives Licensee(s) at least thirty (30) days advance written notice, (ii) such audit is conducted during such party’s normal business hours, (iii) the audit is conducted by an independent auditor chosen on mutual agreement of the parties. Contractor shall recommend a minimum of three (3) auditing/accounting firms from which the Licensee will select one (1). In no case shall the Business Software Alliance (BSA), Software Publishers Association (SPA), Software and Industry Information Association (SIIA) or Federation Against Software Theft (FAST) be used directly or indirectly to conduct audits, or be recommended by Contractor; (iv) Contractor and Licensee are each entitled to designate a representative who shall be entitled to participate, and who shall mutually agree on audit format, and simultaneously review all information obtained by the audit. Such representatives also shall be entitled to copies of all reports, data or information obtained from the audit; and (v) if the audit shows that such party is not in compliance, Licensee shall be required to purchase additional licenses or capacities necessary to bring it into compliance and shall pay for the unlicensed capacity at the NYS Net Price in effect at time of audit, or if none, then at the Contractor’s U.S. Commercial list price. Once such additional licenses or capacities are purchased, Licensee shall be deemed to have been in compliance retroactively, and Licensee shall have no further liability of any kind for the unauthorized use of the software.

  • Licence Fee The Licensee must pay the Licence Fee to the School Council: (a) at the School Council’s address specified in Item 15 of Schedule 1 (or to any other address as the School Council notifies the Licensee by Notice from time to time); and (b) without demand by the School Council at the times and in the manner set out in Item 7 of Schedule 1 (or at such other times or in such other manner as the School Council notifies the Licensee by Notice from time to time).

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!