Charging of Total Consideration. a. The Total Consideration shall consist of the Upfront Premium and Annual License Fees, payable as per the terms of the License Agreement. The Total Consideration shall be charged on actual area handed over to the successful bidder. b. The Total Consideration shall be calculated in the manner as follows β
Appears in 2 contracts
Samples: License Agreement, License Agreement
Charging of Total Consideration. a. The Total Consideration shall consist of the Upfront Premium and Annual License Fees, payable as per the terms of the License Agreement. The Total Consideration shall be charged on actual area handed over to the successful bidder.
b. The Total Consideration License fee shall be calculated charged on actual area handed over to the successful bidder. The aforesaid license fee shall be charged in the manner as follows βadvance on half yearly basis.
Appears in 2 contracts
Samples: License Agreement, License Agreement