LICENSE AND SERVICE FEES. 5.1. For the rights granted herein, Licensee agrees to pay Playtech the License and Service Fees as described in SCHEDULE 2 attached hereto.[need to see - see herein]
5.2. Playtech shall invoice Licensee the License and Service Fees on or before the 1th of each Calendar Month. Licensee shall pay the License and Service Fees by no later than the seventh (7th) day of the calendar month in which Licensee receives an invoice from Playtech. All payments under this Agreement are to be made in Euros.
5.3. The License and Service Fees are exclusive of all taxes (including Value Added Tax, where applicable), duties, fees, excises or tariffs. Such charges, taxes, duties, fees, excises or tariffs shall be paid by Licensee at the rate prevailing at the same time as paying the License and Service Fees. For the avoidance of doubt, Playtech shall be responsible for any taxes imposed on Playtech's income resulting from this Agreement.
5.4. Should Licensee fail to make any payment in full on the due date under this Agreement, then, without limiting any of Playtech's other rights and remedies in such event, the amount due shall carry interest at the default rate of the lesser of (i) 3% per annum above the London Inter Bank Offering Rate (LIBOR) from time to time, or (ii) the highest rate permitted by applicable law, accruing on a daily basis from the due date until the date of actual full and complete payment, whether before or after judgment, and compounded monthly.
LICENSE AND SERVICE FEES. Fees for the licensing of Software and rates for all Services shall be as set forth in the applicable Contract (as such fees and rates may be increased pursuant to Article 2.0(b) hereof in respect of any Additional -------------- Contract). All other services shall be at rates mutually agreed in writing between the parties hereto prior to the initiation of such Services.
LICENSE AND SERVICE FEES. 5.1.1. In respect of the services rendered pursuant to the Software Support and the License:
5.1.2. during the first 12-months of the Initial Term, the Company shall pay to Webhelp US $1,500,000 in cash (the "Initial Payment"), 60 days after the launch of the French site or no later than December 24th, 2000 by wire transfer to an account designated by Webhelp;
5.1.3. Company shall pay to Webhelp a cash fee (the "Ongoing Payments") calculated in the following manner:
(i) For the initial 12 month period: 0% of Gross Revenue;
(ii) For the following 12 month period (second year): 2% of Gross Revenue;
(iii) For the following 12 month period (third year): 2% of Gross Revenue;
(iv) For the following 12 month period (fourth year): 1% of Gross Revenue. Gross Revenue shall be defined as the total consideration actually received by Company or accruing to the benefit of the Company in accordance with French GAAP and in accordance with the annual financial statements prepared by Company for its shareholders. Without limiting the generality of the foregoing, consideration can include non-monetary consideration provided such non-monetary consideration can be valued monetarily. Company shall have the obligation to account and remit to Webhelp the Ongoing Payments set out above, 15 days following each month end.
LICENSE AND SERVICE FEES. Total Software License Fee $35,000 1st yr support and maintenance $7,000 Consulting/Training/Implementation Four days (32 hours) on-site or online training & implementation (Travel Expenses not included) $6,400 Conversion of existing debt positions* $3,500 (Approximately 35 issues) Year 2 $7,210 Year 3 $7,426 *Comprehensive conversion of existing debt data (up to 35Issues) from legacy platform(s) to SymPro Debt Manager. Service Includes: • Adding all current outstanding debt including cash flows by CUSIP; including one generation of historical refunded debt. • Review of reporting requirements for structuring portfolio setup • Analysis of Debt Manager data to match original Total Principal and Total Interest; includes analysis with Comprehensive Annual Financial Report from prior fiscal year to ensure continuity and accuracy • Storage of all available bond documents in PDF, Word, Excel formats
LICENSE AND SERVICE FEES. Client shall pay to NetWatch the Fees set forth in the SO for completed Services within thirty (30) days after receipt by Client of an invoice for Services performed.
LICENSE AND SERVICE FEES. 5.1 Partner shall pay Corillian a percentage of the list price described in the Product Schedule, or such other price mutually agreed to by the parties, for each license purchased of the Product or Products or for Services sold, according to the following schedule: Annual Aggregate License or Services Revenues % fee owed to Corillian $0-$999,999 [ * ] $1,000,000-$1,999,999 [ * ] $2,000,000-$3,999,999 [ * ] $4,000,000- [ * ]
5.2 Partner agrees to commit to producing annual aggregate revenues to Corillian according to the following schedule (the "Annual Revenue Commitments"): Year 1 [ * ] USD Year 2 [ * ] USD Year 3 [ * ] USD The Annual Revenue Commitments shall equal the fees paid by Partner to Corillian in a given year pursuant to Section 5.1 and Section 11.3, provided, however, that for contracts entered into by Partner under any mutually agreed to Utility or Bureau Service Pricing Model, Partner shall be given credit toward the Annual Revenue Commitment for the present value of the full contract commitment.
5.2.1 By 31 August 2000, Partner agrees to reach fifty percent (50%) of the Year 1 Annual Revenue Commitment. In the event that Partner fails to reach this goal, Partner agrees to pay Corillian within twenty (20) business days and upon receipt of invoice from Corillian, the difference between the fees it has paid Corillian pursuant to Section 5.1 and Section 11.3 and the 31 August 2000 goal.
5.2.2 In the event that Partner fails to reach any of the Annual Revenue Commitments, Partner agrees to pay Corillian the difference between the fees it has paid Corillian pursuant to Section 5.1 and Section 11.3 for that year and that year's Annual Revenue Commitment within twenty (20) business days of receipt of final invoice from Corillian. ------------------- *Portion has been omitted pursuant to a request for confidential treatment and filed separately with the Commission.
LICENSE AND SERVICE FEES. Licensee shall pay Licensor the license and service fees set forth in the Proposal in accordance with the Proposal and the terms of this Section 7. The Licensor shall have the right at its discretion to increase the annual license and service fees for the next Renewal Term.
LICENSE AND SERVICE FEES. In consideration of the rights granted to AstraZeneca under Article 2 and the services performed by Genaissance pursuant to Article 3, AstraZeneca agrees to pay Genaissance a fee of [**] dollars ($[**]) [**], to be paid within [**] business days of receipt of an invoice from Genaissance, such invoice to be issued upon delivery to Genaissance of the description of the AstraZeneca Gene Allocation pursuant to Section 3, 1.
LICENSE AND SERVICE FEES a. Licensee agrees to pay Contractor the License Fees as per the Pricing Detail as specified in Appendix A.
LICENSE AND SERVICE FEES. License and service fees for each product or service on Exhibit "A", will commence upon the Delivery of CGM Software for each product or service on Exhibit "A". Fees are charged in advance annually, monthly or as a one-time fee pursuant to the type of license (i.e: Annual License, Subscription License or Purchase License) and as specified further on the Exhibit "A". Invoices are generated incrementally as products and services are delivered and are due and payable upon receipt. If Exhibit “A” contains special payment terms, fees are due and payable on the provided schedule regardless of the delivery schedule of CGM products and services. CGM reserves the right to invoice ninety (90) calendar days from the Effective Date of the Agreement in the event CGM is unable to deliver purchased products and services due to no fault of CGM. You must pay automatically via Direct Payment or other CGM approved method. Payments via check may be allowed at CGM's sole discretion.
