Common use of License Fee and Payment Terms Clause in Contracts

License Fee and Payment Terms. Licensee shall pay Licensor a License Fee of six hundred thousand Canadian dollars (CDN$600,000) for such Program (i.e., CDN$200,000 per 2-hour episode, consisting of CDN$150,000 for Basic TV Licensed Service rights and CDN$50,000 for SVOD Standalone Licensed Service rights). Licensee shall pay such amount in eight (8) equal quarterly installments commencing on the Availability Date. JUSTIFIED (RUN OF SERIES COMMITMENT)

License Fee and Payment Terms. Licensee shall pay Licensor a License Fee of six four hundred thousand Canadian dollars (CDN$600,000CDN$400,000) for such Program (i.e., CDN$200,000 CDN$100,000 per 21-hour episode, consisting of CDN$150,000 CDN$75,000 for Basic TV Licensed Service rights and CDN$50,000 CDN$25,000 for SVOD Standalone Licensed Service rights). Licensee shall pay such amount in eight (8) equal quarterly installments commencing on the Availability Date. JUSTIFIED DROP DEAD DIVA (RUN OF SERIES COMMITMENT)