Common use of License Fee and Royalty Clause in Contracts

License Fee and Royalty. As consideration for the rights granted hereunder, the Licensee shall pay to Licenser a license fee of Four Thousand Seven Hundred an Fifty Dollars ($4,750.00) for the right to an unlimited number of Licensed Areas as defined in (a) plus a Royalty Fee of Two Dollars ($2.00) per ton of material processed for each Licensed Area.

License Fee and Royalty. As consideration for the rights granted hereunder, the Licensee shall pay to Licenser a license fee of Four Thousand Seven Hundred an Fifty Dollars ($4,750.00) for the right to an unlimited number of Licensed Areas as defined in (ain Paragraph 1.(a) plus a Royalty Fee of Two Dollars ($2.00) per ton of material processed for each Licensed Area.