License Fee Payments. (a) Pursuant to Massachusetts General Laws Chapter 166A, Section 9, the Licensee shall pay to the Town, throughout the term of the Renewal License, a License Fee equal to fifty cents ($.50) per Subscriber per year, or such higher amounts as may in the future be allowed pursuant to State and/or federal law. The number of Subscribers, for purposes of this section, shall be calculated in compliance with applicable law(s).
(b) In the event that the Town can collect a License Fee in the future expressed as a percentage, the Licensee shall (i) immediately commence paying such a percentage License Fee to the Town in accordance with applicable law and based on Gross Annual Revenues as defined in this Renewal License and (ii) file with the Issuing Authority, with each such percentage License Fee payment, a statement certified by the Licensee's regional financial representative, documenting, in reasonable detail the total of all Gross Annual Revenues, as defined in Section 1.1(20), derived during the previous year .
(c) The Licensee shall not be liable for a total License Fee pursuant to this Renewal License and applicable law in excess of five percent (5%) of its Gross Annual Revenues; provided that said five percent (5%) shall include the following: (i) the Annual Support for PEG Access pursuant to Section 6.5 above and (ii) any License Fees that may be payable to the Town and the State and/or the FCC; provided, however, that said five percent (5%) shall not include the following: (i) any interest due herein to the Town because of late payments; (ii) the capital payment payable to the Town or its designee(s) pursuant to Section 6.6 above; (iii) the existing PEG Access equipment pursuant to Section 6.7 above; (iv) the costs related to any liquidated damages pursuant to Section 11.2 below; (v) any payments, expenses, or replenishment of the Performance Bond pursuant to Section 9.2 below.
License Fee Payments. The Licensee shall pay to the Town, throughout the term of the Renewal License, an annual License Fee in the amount of fifty cents ($.50) per Subscriber per year, or such higher amounts as may be permitted by applicable State and federal law(s). Said Licensee Fee payment shall be made to the Town on March 15th of each year of the Renewal License, unless a different date is required by applicable State and federal law.
License Fee Payments. In consideration for the grant of the rights and licenses set forth in Section 2.1, in addition to the other payments set forth in this Article 5, Supernus shall pay to Afecta (i) for each Afecta IP Product chosen by Supernus during its relative Due Diligence Period, $[**] within thirty (30) days of the date of notification of the Notice Letter, and an additional $[**] upon the successful completion of the First Efficacy Trial of the Afecta IP Product; or (ii) for each Afecta Filed Product or Afecta Pre IP Product chosen by Supernus during its relative Due Diligence Period , $[**] within thirty (30) days of the date of notification of the Notice Letter, and an additional $[**] upon the successful completion of the First Efficacy Trial and a third payment of $[**] upon issuance of the first patent.
License Fee Payments. In consideration for the grant of the rights and licenses set forth in this Agreement and the Notice Letter dated March 14, 2007, in addition to the other payments set forth in Article 5 of this Agreement and the $[**] payment already made by Supernus to Afecta, Supernus shall pay to Afecta $[**] upon the successful completion of the First Efficacy Trial.
License Fee Payments. In consideration of each License granted to Novartis by Diversa under Section 4.2 herein, Novartis shall pay Diversa the following license fees ("License Fees") for each [*****] payable [*****] as follows:
6.4.1 First, upon the [*****] of the [*****] with respect to a [*****], [*****] for [*****] associated with [*****] will be agreed to for such [*****] in accordance with Section [*****]; provided that, in no event shall the [*****] under this Section 6.4.1 be [*****].
6.4.2 Second, upon the [*****] of [*****] containing [*****] in an amount to be agreed to at the time the [*****] for such [*****] in accordance with Section [*****]. The License Fees will be determined by [*****] of the [*****]. Such License Fees in Section 6.4 shall be [*****] and shall [*****] to Diversa under this Agreement.
License Fee Payments. On July 2, 1998, in -------------------- consideration of the rights granted by PG-TXL to CTI under Section 3.0 of the June 30 Letter Agreement, CTI paid to PG-TXL a nonrefundable initial license fee payment of *****. In consideration of the rights granted by PG-TXL to CTI under Section 4.01 of this Agreement, CTI shall make the following remaining license fee payments:
License Fee Payments. Pursuant to Massachusetts General Laws Chapter 166A, Section 9,as may from time to time be amended. The Licensee shall pay to the Issuing Authority, throughout the term of this Renewal License, a License Fee equal to fifty cents ($0.50) per Subscriber per year. The Licensee shall not be liable for a total financial commitment in excess of five percent (5%) of its Gross Annual Revenues; provided, however, that said five percent (5%) cap shall not include (i) the PEG Access capital funding (Section 7.2); (ii) any interest due herein to the Issuing Authority and/or its designee(s) because of late payments; and/or (iii) any damages (Section 12.2).
License Fee Payments. UCI will pay UGIV the License Fees on the schedule set forth in Exhibit A.
License Fee Payments. (a) Pursuant to Massachusetts General Laws Chapter 166A, Section 9, the Licensee shall pay to the Town, throughout the term of this Renewal License, a License Fee equal to fifty cents ($.50) per Subscriber per year or such other amount as may in the future be allowed pursuant to State and/or federal law. The number of Subscribers, for purposes of this section, shall be calculated in compliance with applicable law(s).
(b) The Licensee shall not be liable for a total License Fee pursuant to this Renewal License and applicable law in excess of five percent (5%) of its Gross Annual Revenues; provided, however, that said five percent (5%) shall include the following: (i) the PEG Access Funding pursuant to Section 6.5 supra and (ii) any License Fees that may be payable to the Town, the State and/or the FCC; provided, however, that said five percent (5%) shall not include the following: (i) any interest due herein to the Town or the Access Corporation because of late payments; (ii) the equipment/facilities funding payments payable to the Issuing Authority and/or the Access Corporation pursuant to Section 6.6 supra; (iii) the costs related to any liquidated damages pursuant to Section 11.2 infra; and (iv) any exclusion to the term “franchise fee” pursuant to Section 622(g)(2) of the Cable Act.
License Fee Payments. (i) In consideration for RingCentral granting to Avaya and its Subsidiaries [*****************************], Avaya or its applicable Subsidiary (as designated by Avaya) hereby shall [************************************************************ **********************************************************************************************************************************************************************************************************************************************************************************] (“License Fee”); provided that, for the avoidance of doubt, (A) License Fee shall exclude (I) any revenue from one-time or non-recurring transactions or services (including set-up, installation, professional services, sales of handsets and other equipment) and other one-time charges and services (including usage based charges and charges for a toll-free number), (II) any Taxes paid to Avaya or any of its Subsidiaries by the customer, and (III) any costs and expenses reimbursed to Avaya or any of its Subsidiaries, (B) the License Fee shall be calculated after giving effect to, and net of, any credits, refunds, discounts, and other reductions in respect of such Licensed Product, and (C) for the avoidance of doubt, the License Fee shall not be reduced by any income Taxes paid by Avaya or any of its Affiliates or withholding Taxes in lieu thereof. Avaya or its applicable Affiliate (as designated by Avaya) will start to pay to RingCentral the License Fee on the Effective Date. The License Fee during the first month will be prorated accordingly if the Effective Date is not the first day of the calendar month. RingCentral shall file all Tax returns (including information returns), prepare all Tax books and records, comply with applicable Tax withholding rules (if any), and pay all Taxes, in each case, for U.S. federal income and other applicable tax purposes, in accordance with treating the License Fees as income of RingCentral and shall not take any position contrary to the foregoing for applicable Tax purposes, in each case, unless required by a “determination” as defined in Section 1313(a) of the Code (as defined below) or otherwise required by a Tax authority in connection with the final and binding settlement of an audit.