License Fee and Deposit Sample Clauses

License Fee and Deposit a. For the use of the Premises, Licensee shall pay Paramount a license fee (“License Fee”) in the amount of Eight Hundred Eighty-Eight and 95/100 Dollars ($888.95) per week for each and every week during the Term of this Agreement. Rates are subject to increase pursuant to Section 4c below.
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License Fee and Deposit. Section 2.1 Manager shall receive from Licensee (collecting on behalf of Licensor) a monthly license fee (the “License Fee”) equal to$ 1000 plus any and all taxes applicable to such License Fee. Subject to Section 2.3, the License Fee shall be payable in advance on the first (1st) day of each month of the License Term without prior demand therefore and without any offset or deduction whatsoever. The License Fee shall be paid in lawful money of the United States of America by electronic transfer of funds to the account of Manager set forth on Schedule II or by another method approved by Manager. The License Fee shall increase by 3% annually, beginning on the first anniversary of the License Commencement Date.
License Fee and Deposit. Section 2.1 Licensee shall pay to Licensor the License Fee on a monthly basis. Subject to Section 2.3, the License Fee shall be due and payable in advance on the first (1st) day of each month of the License Term without prior demand therefore and without any offset or deduction whatsoever. All amounts payable to Licensor under this Agreement shall be paid in United States dollars ($USD) by electronic transfer of funds as follows (or by another method approved by Licensor): Amegy Bank (Zion Bancorp) ABA: 100000000 Account Number: 5798678214 Account Name: K2 Biolabs, LLC The License Fee shall increase by 3% annually, beginning on the first anniversary of the License Commencement Date.

Related to License Fee and Deposit

  • License Fee The Licensee to shall make payment of the License Fee to Licensor on the date of this Agreement. All rights granted to Licensee by Producer in the Beat are conditional upon Licensee’s timely payment of the License Fee. The License Fee is a one-time payment for the rights granted to Licensee and this Agreement is not valid until the License Fee has been paid.

  • License Fees If so provided in the Prospectus, the Depositor may enter into a Licensing Agreement (the "Agreement") with a licensor (the "Licensor") described in the Prospectus in which the Trust(s), as consideration for the licenses granted by the Licensor for the right to use its trademarks and trade names, intellectual property rights or for the use of databases and research owned by the Licensor, will pay a fee set forth in the Agreement to the applicable Licensor or the Depositor to reimburse the Depositor for payment of the expenses. If the Agreement provides for an annual license fee computed in whole or part by reference to the average daily net asset value of the Trust assets, for purpose of calculating the accrual of estimated expenses such annual fee shall accrue at a daily rate and the Trustee is authorized to compute an estimated license fee payment (i) until the Depositor has informed the Trustee that there will be no further deposits of additional Securities, by reference to an estimate of the average daily net asset value of the Trust assets which the Depositor shall provide the Trustee, (ii) thereafter and during the calendar quarter in which the last business day of the period described in clause (i) occurs, by reference to the net asset value of the Trust assets as of such last business day, and (iii) during each subsequent calendar quarter, by reference to the net asset value of the Trust assets as of the last business day of the preceding calendar quarter. The Trustee shall adjust the net asset value (Trust Fund Evaluation) as of the dates specified in the preceding sentence to account for any variation between accrual of estimated license fee and the license fee payable pursuant to the Agreement, but such adjustment shall not affect calculations made prior thereto and no adjustment shall be made in respect thereof.

  • Xxxxxxx Money Deposit (a) Within three (3) Business Days after the full execution and delivery of this Contract, Buyer shall deposit the sum of Three Hundred Thousand and No/100 Dollars ($300,000.00) in cash, certified bank check or by wire transfer of immediately available funds (the “Initial Deposit”) with the Title Company, as escrow agent (“Escrow Agent”), which sum shall be held by Escrow Agent as xxxxxxx money. If, pursuant to the provisions of Section 3.1 of this Contract, Buyer elects to terminate this Contract at any time prior to the expiration of the Review Period, then the Escrow Agent shall return the Xxxxxxx Money Deposit to Buyer promptly upon written notice to that effect from Buyer. If Buyer does not elect to terminate this Contract on or before the expiration of the Review Period, Buyer shall, prior to the expiration of the Review Period, deposit the Additional Deposit with the Escrow Agent. The Initial Deposit and the Additional Deposit, and all interest accrued thereon, shall hereinafter be referred to as the “Xxxxxxx Money Deposit.”

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