Initial License Fees Sample Clauses
The Initial License Fees clause defines the upfront payment required from the licensee to obtain the rights to use the licensed product or intellectual property. Typically, this fee is due upon execution of the agreement and may be a fixed amount or calculated based on specific criteria, such as the number of users or scope of use. Its core function is to establish clear financial terms at the outset of the licensing relationship, ensuring both parties understand the initial cost obligations and reducing the risk of disputes over payment expectations.
Initial License Fees. In addition to any other license fees payable by Toshiba and SanDisk under Section 5.4 of this Agreement, Toshiba and SanDisk each agree to pay Intermolecular [*] US Dollars (US$[*]) for a cumulative total of [*] US Dollars (US$[*]) for the Intermolecular Background IP license rights set forth in Section 4.1.1 as follows: Intermolecular shall invoice each of Toshiba and SanDisk in the amount of [*] US Dollars (US$[*]) on (a) [*] days following the [*], and (b) [*] days following the [*] anniversary of the [*]. Toshiba and SanDisk each will pay Intermolecular based on such invoices, within [*] days from their respective receipt of such invoices.
Initial License Fees. In consideration for the licenses to the Licensed Patents, Licensed Know-How, and Licensor Improvements, [***] days after the Effective Date, Licensee will pay Licensor a license fee of [***] US Dollars ([***]).
Initial License Fees. Licensee shall pay the aggregate initial MVPD License Fees (and the ▇▇▇ License Fees, if applicable as of the Effective Date) set forth in Section 8.1 for the Included Programs set forth in Schedule A as follows: (a) 35% of the License Fees due within forty-five business days ofafter the end of each applicable month during the Effective Date, (b) 30% of the License Fees due on February 29, 2012, (c) 17.5% of the License Fees due on May 31, 2012, and the remaining 17.5% of the License Fees due August 31, 2012.
Initial License Fees. Upon payment of the initial license fee specified in -------------------- Schedule 4, and subject to the provisions of Section 2, Distributor shall acquire rights to distribute the Software on that number of Authorized Workstations specified in Schedule 4.
Initial License Fees. A. Initial Financial Institution (one Server) $ -------------------- B. Remote Branch Fees
Initial License Fees. In consideration for the licenses to the Licensed Patents, Licensed Know-How, and Licensor Improvements, within [***] days after the Effective Date, Licensee will pay Licensor a license fee of Three Million US Dollars ($3,000,000).
Initial License Fees. Astra has made the following non-refundable payments to Millennium in consideration of the rights granted to Astra under this Agreement:
(a) [**] on or before December 20, 1995;
(b) [**] on or before December 31, 1997.
Initial License Fees. [*****] Such payment shall be made within seven (7) business days of the Signing Date and shall be non-refundable.
Initial License Fees. Upon execution of this agreement, PGE will pay to GLDI the sum of $300,000 followed by five equal monthly payments of $150,000, beginning August 15, 2001 through December 15, 2001, making a total of $1,050,000. These payments (the "Initial License Fees") constitute the fees for participation in the pilot program (as provided in the Pilot Agreement), and for the option to extend the Program to other states as provided in Section 6 below. PGE will give notice of its election to proceed with full rollout no later than 90 days from the end of the Pilot Agreement, including any extension of the Pilot Agreement agreed to by the parties. Payment of the Initial License Fees is conditioned upon GLDI satisfying its obligation to add features to the Program and meeting the development schedule set forth in Exhibit A.
Initial License Fees. ▇▇▇▇▇▇▇▇ will pay to A123 TWENTY-TWO MILLION FIVE HUNDRED THOUSAND U.S. DOLLARS ($22,500,000) in license fees (the "INITIAL LICENSE FEES") promptly after the EFFECTIVE DATE, which payment will be received by A123 no more than [**] after the EFFECTIVE DATE.