Common use of LICENSE FEES; TAXES; ASSESSMENTS Clause in Contracts

LICENSE FEES; TAXES; ASSESSMENTS. (a) Monthly License Fee. The Monthly License Fee as adjusted by the Annual Escalator, shall be payable in advance on the first day of each calendar month during the Term beginning upon the Commencement Date. If the Commencement Date is not the first day of a calendar month, the Monthly License Fee for any partial month shall be prorated on a daily basis.

Appears in 5 contracts

Samples: License Agreement, License Agreement, License Agreement

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