Licensee Fees. In consideration for the rights granted in the Content Provider Content, Licensee hereby agreed to pay Content Provider the amounts set forth on Exhibit B of this Agreement. All amounts payable shall be due be due thirty days after the receipt of Content Provider's invoice.
Licensee Fees. In consideration of the License granted by the Licensor herein, the Licensee shall pay the Licensor One Million Dollars ($1,000,000) (the “License Fee”). Payment of the License Fee will be as follows: (i) Licensee shall pay a portion of the License Fee equal to Fifty Percent (50%) of the Licensee’s earnings before interest, tax, depreciation and amortization (as determined by generally accepted accounting principles) every year until the entire License Fee is paid in full; and (ii) notwithstanding Section 3.1(i), Licensee will be required to pay the unpaid balance of the License Fee, to the extent that it is able, once Licensee has received in excess of Fifteen Million Dollars ($15,000,000) in equity financing by paying each dollar in excess of the Fifteen Million Dollars ($15,000,000) in equity financing towards satisfying the License Fee; and (iii) this Section is to be read in conjunction with Section 3.4 regarding Contract Engineering Fees. All payments under this Section shall be deemed non-refundable.
Licensee Fees. Upon execution of this Agreement, Licensee shall pay to Xxxxxx Xxxxxxx a license fee at a rate of .03% per annum of the aggregate average daily net assets of Licensee calculated and paid monthly in arrears with respect to an unlimited number of Products issued by Licensee on each of the Indices listed in Exhibit A.
Licensee Fees. Licensee agrees to pay the Annual License Fee within thirty (30) days of the Effective Date. During the Term, Licensee shall pay the Annual License Fee each year on or before the anniversary of the Effective Date of this Agreement.
Licensee Fees. In exchange for the License granted by the Licensor to the Licensee hereunder, the Licensee shall pay to the Licensor a license fee calculated in accordance with the prices set out in Exhibit C attached to this Agreement (the “License Fee”). The parties acknowledge and agree that the License Fees shall be paid as follows:
(a) Licensor acknowledges that Licensee is pursuing a series of financings to build up its business and delivery of services based on the Software and therefore the Licensor agrees that it shall grant to Licensee the first 400,000 monthly subscription per camera licenses to the Software at a price of USD $5 per camera/license (for a total of USD $2,000,000) (the “Deferred Payment”) on a deferred payment basis. Licensee’s obligation to pay said Licensee Fees under this Agreement shall be postponed until such time as the Licensee has: (i) successfully raised a minimum of USD $15,000,000, or such other amount as agreed between the parties in writing, in financing through up to three seed financing rounds (the “Threshold”), or (ii) used or provided services or sublicenses to at least 16,666 end-user cameras in one month. Licensor will issue a pro forma invoice to Licensee for the Deferred Payment amounts, and Licensee shall accept such pro forma invoice but will have: (x) up to twenty-four (24) months of achieving the Threshold, and provided that this Agreement is still in full force and effect and all of the licenses to the Software have been granted by the Licensor to the Licensee (irrespective of whether the Licensee has used or is actually using all of the licenses to the Software), to pay to the Licensor the Deferred Payment, or (y) net thirty (30) days once Licensee has issued an invoice for to at least 16,666 end-user cameras in one month, in which case the amount of such invoice shall be deducted from the Deferred Payment once paid; and
(b) At all times following the Threshold, the Licensee shall pay the License Fee to the Licensor on a monthly basis on net thirty (30) day payment terms from the date that Licensee receives Licensor’s invoice, calculated based on the number of Licenses deployed by the Licensee in the previous month.
Licensee Fees. In consideration of the license granted by the Licensor of the Licensed Software by the Licensor under Section 2 above, the Licensee shall pay the Licensor a one time Software license fee of Two Million U.S. Dollars (US$2,000,000.00) (the “License Fee”).
Licensee Fees. Beginning September 18, 1998, Licensee shall pay to Xxxxxx Xxxxxxx a license fee of $4,000 per year with respect to unlimited use of the Index and the Marks for the Product.
Licensee Fees. The parties acknowledge that; Fees are reviewed annually after the completion of the financial year; Revised fees, once agreed upon, are pro-rated and collected monthly; The below mentioned annual fees will apply until the next review; Revenue Share Fee $ Adviser Fee $ Lonsdale Financial Group will provide the following Administration Support Services to the Corporate Authorised Representative and Sub-Authorised Representative during the Term. Lonsdale Financial Group may vary the types of Administration Support Services listed in this Schedule from time to time by giving the Corporate Authorised Representative 30 days' written notice. The following Administration Support Services which include but are not limited to, will be provided to the Corporate Authorised Representative:
Licensee Fees. Licensee agrees to pay any applicable fees owed under this Agreement, as set forth in Exhibit B (the “Fees”). Fees will be invoiced as specified below and as set out in the Dinari TOS. If Licensee fails to make payment by the due date, Xxxxxx will have the right to charge interest at the maximum rate permitted by applicable law until Licensee pays all amounts due and seek all costs associated with the collection of such fees from Licensee.
Licensee Fees. 4.4.1 Licensee shall pay to NovaDel [***] as an upfront licensing fee, payable within 10 Business Days of the first date on which the Licensee has received the Minimum Financing.
4.4.2 Licensee shall pay to NovaDel [***] upon completion of the Company's first financing in excess of [***].
4.4.3 Licensee shall pay NovaDel [***] promptly upon designation by the Candidate Committee of the First Designated Compound.
4.4.4 Licensee shall pay NovaDel [***] promptly upon designation by the Candidate Committee of the Second Designated Compound.
4.4.5 Licensee shall pay NovaDel [***] promptly upon designation by the Candidate Committee of the Third Designated Compound.
4.4.6 Licensee shall pay NovaDel [***] promptly upon designation by the Candidate Committee of the Fourth Designated Compound.
4.4.7 Licensee shall pay NovaDel [***] promptly upon designation by the Candidate Committee of each Additional Designated Compound.