Common use of Licence fees and rates Clause in Contracts

Licence fees and rates. 7.1 In consideration of the Licence being granted, the Licensee shall pay Sage the following licence fees: o 7.1.1 A fee based on the relevant Schedule of Rates and Fees as determined by the Licensee classification as a Pay per Use or Subscription client; o 7.1.2 Sage will provide an invoice to the Licensee on the last day of each calendar month based on: o 7.1.2.1 Pay per Use - the number of employees per payroll processing period completed during that month; o 7.1.2.2 Subscription - the payroll bracket matching the number of employee’s setup for that month; o 7.1.3 Invoices are payable by the end of the calendar month following the calendar month in which the invoice was generated; o 7.1.4 Sage has the right to deny and/or access to the Software should the Licensee fail to pay the agreed fee within the time period stipulated herein, in which event the Licensee will be unable to access the Software until the outstanding invoices are paid; o 7.1.5 Sage has the right to withhold final tax submission reports until all the invoices pertaining to the processing months of the relevant tax year have been paid in full. o 7.1.6 Where a Subscription Licensee is reinstated the Licensee will be liable for the payment of all back-dated rates and fees applicable from the last payment or termination date untill the reinstatement date. 7.2 The Licensee shall pay Sage for such further consultations, training and other services as were agreed upon by the Parties at the prevailing rates of the services; 7.3 At the option of Sage, the Fees shall escalate annually, on 1 October, between the following range: o 7.3.1 the annual inflation rate as determined by the Consumer Price Index for the preceding calendar year; and

Appears in 4 contracts

Samples: Software License Agreement, Software License Agreement, Software License Agreement

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