Common use of In consideration of Clause in Contracts

In consideration of. 3.1.1. creating the Bespoke Model, the Customer shall pay to VUCITY the Bespoke Model Fee, within 30 days of receiving an invoice for the same. VUCITY shall invoice the Customer for the Bespoke Model Fee on or after the Customer’s order for the Bespoke Model; and 3.1.2. maintaining the Bespoke Model (which shall comprise carrying out a fly-over of the relevant geographical location at such intervals as VUCITY shall deem necessary), the Customer shall pay to VUCITY the Bespoke Model Maintenance Fee, within 30 days of receiving an invoice for the same. VUCITY shall invoice the Customer for the Bespoke Model Maintenance Fee annually for the duration that the Customer continues to have access to the Bespoke Model.

Appears in 3 contracts

Samples: Licensing Agreement, Licensing Agreement, Licensing Agreement

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In consideration of. 3.1.11.1.1. creating the Bespoke Model, the Customer shall pay to VUCITY the Bespoke Model Fee, within 30 days of receiving an invoice for the same. VUCITY shall invoice the Customer for the Bespoke Model Fee on or after the Customer’s order for the Bespoke Model; and 3.1.21.1.2. maintaining the Bespoke Model (which shall comprise carrying out a fly-over of the relevant geographical location at such intervals as VUCITY shall deem necessary), the Customer shall pay to VUCITY the Bespoke Model Maintenance Fee, within 30 days of receiving an invoice for the same. VUCITY shall invoice the Customer for the Bespoke Model Maintenance Fee annually for the duration that the Customer continues to have access to the Bespoke Model.

Appears in 1 contract

Samples: Licensing Agreement

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