Licence Fee and Payments Sample Clauses

Licence Fee and Payments. 7.1 The Licensee shall pay the Licence Fee to Banijay in consideration for the licence granted in Clause 2. Payment shall be made in accordance with the Payment Schedule and by electronic transfer to the account specified by Xxxxxxx by invoice and in the Currency specified in Section 1. 7.2 The Licence Fee shall be paid according to Section 1 and is payable whether or not all licensed Rights are used. The Licensee shall also pay to Xxxxxxx the amount of value added tax (“VAT”) that is lawfully imposed upon the Licence Fee or other amount payable by the Licensee under this Agreement (it being acknowledged that where VAT is chargeable, Xxxxxxx may charge VAT in GBP (Pound Sterling) at its discretion), subject to receipt from Banijay of a valid VAT invoice. 7.3 The Licensee shall meet all bank charges incurred in remitting and sending the Licence Fee. 7.4 No deductions (other than Withholding Tax) or other set offs (irrespective of the provisions of any other contract between the parties) may be made from the Licence Fee. 7.5 If any Withholding Tax is required to be deducted from the Licence Fee or any other money payable to Banijay according to this Agreement, the Licensee may only deduct those sums actually paid to the government or other fiscal authorities in the Territory. Any Withholding Tax shall be paid in the name of Xxxxxxx. The Licensee shall use its best endeavours to minimise (by lawful means only) the amount of any deductions. 7.6 If any Withholding Tax is deducted from the Licence Fee, the Licensee shall ensure that Xxxxxxx is, within thirty (30) days, provided with the applicable certificate of deduction and shall assist Xxxxxxx to utilise the tax credit for any Withholding Tax deducted from the Licence Fee. 7.7 The Licensee is responsible for payment of all taxes and other charges in the Territory relating to the exercise of the Rights. 7.8 Failure to pay any instalment of the Licence Fee or any cost of Delivery Materials constitutes a breach of this Agreement and shall entitle Banijay to give notice to the Licensee in writing and to terminate this Agreement pursuant to Clause 10 without refund of any part of the Licence Fee paid before the date of termination. 7.9 The Licensee shall pay interest on any sum due under this Agreement, calculated as follows: 7.9.1 At a rate of five percent (5%) a year above the Bank of England's base rate from time to time, but at five percent (5%) a year for any period when that base rate is zero or below zero p...
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Licence Fee and Payments 
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Related to Licence Fee and Payments

  • 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).

  • INVOICE AND PAYMENT A. Grantee will request payment using the State of Texas Purchase Voucher (Form B-13) on a monthly basis and acceptable supporting documentation for reimbursement of the required services/deliverables. Additionally, the Grantee will submit the Financial Status Report (FSR-269A) and the Match Certification Form (B-13A). Vouchers, supporting documentation, Financial Status Reports, and Match Certification Forms should be mailed or emailed to the addresses below. Department of State Health Services Claims Processing Unit, MC 1940 0000 Xxxx 00xx Xxxxxx P.O. Box 149347 Austin, TX 00000-0000 FAX: (000) 000-0000 EMAIL: xxxxxxxx@xxxx.xxxxx.xxx, Xxx.xxxxxxxxxxxxxx@xxxx.xxxxx.xxx & XXXXxxxxxxx@xxxx.xxxxx.xxx B-13, B-13A, and supporting documentation should be sent to: xxxxxxxx@xxxx.xxxxx.xxx, Xxx.xxxxxxxxxxxxxx@xxxx.xxxxx.xxx & XXXXxxxxxxx@xxxx.xxxxx.xxx FSRs should be sent to: xxxxxxxx@xxxx.xxxxx.xxx, Xxx.xxxxxxxxxxxxxx@xxxx.xxxxx.xxx, XXXXxxxxx@xxxx.xxxxx.xxx & XXXXxxxxxxx@xxxx.xxxxx.xxx B. Grantee will be paid on a monthly basis and in accordance with Attachment B, Budget. C. System Agency reserves the right, where allowed by legal authority, to redirect funds in the event of financial shortfalls. System Agency will monitor Xxxxxxx’s expenditures on a quarterly basis. If expenditures are below that projected in Grantee’s total Contract amount, Xxxxxxx’s budget may be subject to a decrease for the remainder of the Term of the Contract. Vacant positions existing after ninety days may result in a decrease in funds. X. Xxxxxxx may request a one-time working capital advance not to exceed 12% of the total amount of the Contract funded by System Agency. All advances must be expended by the end of the Contract term. Advances not expended by the end of the Contract term must be refunded to System Agency. X. Xxxxxxx will repay all or part of advance funds at any time during the Contract’s term. However, if the advance has not been repaid prior to the last three months of the Contract term, the Grantee must deduct at least one-third of the remaining advance from each of the last three months’ reimbursement requests. If the advance is not repaid prior to the last three months of the Contract term, System Agency will reduce the reimbursement request by one- third of the remaining balance of the advance.

  • Price and Payments 4.1. Prices are as stated in NEVION’s acknowledgement. All quotations are on ex works (factory) terms (as defined in INCOTERMS ®2010) and are exclusive of carriage, insurance, VAT or other charges and duties and also exclude any applicable fees or royalties. The price will include the licence fee for the Customer’s right to use any Software where a software licence is included with the Equipment unless otherwise stated in a quote or licence agreement. 4.2. The Customer is responsible for arranging transport and providing NEVION with timeous transport instructions. 4.3. Unless expressly stated in the order confirmation, receipt of payment in full in cleared funds is a condition precedent to NEVION’s obligation to ship Equipment or supply Services under a Contract. 4.4. Where payment terms require a letter of credit to be issued in favour of NEVION, the Customer shall arrange for an unconditional irrevocable letter of credit to be issued, and if required by NEVION, confirmed, by a first class bank or financial institution approved by NEVION and otherwise on terms as NEVION shall specify. 4.5. Where credit terms have been agreed, should the Customer fail to make payment in full by the due date, without prejudice to any other right or remedy available to NEVION, NEVION may: (a) terminate the Contract or suspend any further deliveries (whether under the same Contract or not) in accordance with condition 11; (b) appropriate any payment made by the Customer as it sees fit; (c) charge a monthly fee of 1.5%; (d) charge storage for any undelivered Equipment at its current rates;

  • Rates and Payments Room and board fees are approved by the Board of Trustees during the spring semester for the following academic year; however, the University reserves the right to make adjustments as deemed necessary and appropriate in the sole discretion of the Vice President for Student Affairs or designee, at any time during the term of this agreement in accordance with Section 11.

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