Common use of License Payment Clause in Contracts

License Payment. A. For the Initial Term of the Agreement, Licensee shall pay Department a minimum License Payment of Three Hundred ($300.00) Dollars upon return of the Licensee-signed Agreement as consideration for the license and privilege granted. Failure on the part of Licensee to submit the required License Payment upon return of the Licensee-signed Agreement will result in the non-execution of the Agreement and the Agreement shall be considered null and void. For the Renewal Term, if any, Licensee shall pay Department in accordance with the License Payment Schedule set forth in Exhibit B.

Appears in 3 contracts

Samples: www.nj.gov, www.nj.gov, www.nj.gov

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License Payment. A. For the Initial Term of the this Agreement, Licensee shall pay Department a minimum License Payment of Three Hundred ($300.00) Dollars upon return of the Licensee-signed Agreement as consideration for the license and privilege granted. Failure on the part of Licensee to submit the required License Payment upon return of the Licensee-signed Agreement will result in the non-execution of the Agreement and the this Agreement shall be considered null and void. For the Renewal Term, if any, Licensee shall pay Department in accordance with the License Payment Schedule set forth in Exhibit B.

Appears in 2 contracts

Samples: License Agreement, License Agreement

License Payment. A. For the Initial Term of the Agreement, Licensee shall pay Department a minimum License Payment of Three One Hundred ($300.00100.00) Dollars upon return of the Licensee-signed Agreement as consideration for the license and privilege granted. Failure on the part of Licensee to submit the required License Payment upon return of the Licensee-signed Agreement will result in the non-execution of the Agreement and the Agreement shall be considered null and void. For the subsequent Renewal TermTerms, if any, Licensee shall pay Department in accordance with the License Payment Schedule set forth in Exhibit B.

Appears in 1 contract

Samples: nj.gov

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License Payment. A. For the Initial Term of the this Agreement, Licensee shall pay Department a minimum License Payment of Three One Hundred ($300.00100.00) Dollars upon return of the Licensee-signed Agreement as consideration for the license and privilege granted. Failure on the part of Licensee to submit the required License Payment upon return of the Licensee-signed Agreement will result in the non-execution of the Agreement and the this Agreement shall be considered null and void. For the subsequent Renewal TermTerms, if any, Licensee shall pay Department in accordance with the License Payment Schedule set forth in Exhibit B.

Appears in 1 contract

Samples: License Agreement

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