Common use of LICENSE FEES AND PAYMENTS Clause in Contracts

LICENSE FEES AND PAYMENTS. Licensee will pay to Licensor the license fee and other charges and expenses as set forth in an appropriate invoice or other purchase documentation. Licensor may charge Licensee interest for any payment that is more than thirty (30) days past due at the rate of one and one-half percent (1.5%) per month or the highest amount allowed by law, whichever is lower.

LICENSE FEES AND PAYMENTS. 8.1. Licensee will pay to Licensor the license fee and other charges and expenses as set forth in an appropriate invoice or other purchase documentation. Licensor may charge Licensee interest for any payment that is more than thirty sixty (3060) days past due at the rate of one and one-half two percent (1.52%) per month or the highest amount allowed by law, whichever is lower.

LICENSE FEES AND PAYMENTS. Licensee will pay to Licensor the license fee and other charges and expenses as set forth in an appropriate invoice or other purchase documentationdocumentation (“Fees”). Licensor may charge Licensee interest for any payment that is more than thirty sixty (3060) days past due at the rate of one and one-half percent (1.5%) per month or the highest amount allowed by law, whichever is lower. The Fees exclude all statutory taxes (other than taxes levied or imposed on the Licensor income) which shall be paid by the Licensee.