Common use of Maintenance Fee After Fiscal Year One Clause in Contracts

Maintenance Fee After Fiscal Year One. STATE shall calculate the Maintenance Fee for all subsequent fiscal years, excluding the above- specified fiscal years for which STATE is waiving the Maintenance Fee, based on ENTITY’s actual number of healthcare practitioners and pharmacists that utilized the CURES Information Exchange Web Service in the prior applicable fiscal year multiplied by the established Maintenance Fee rate. A “true-up” process, described in Paragraph 2.C, will reconcile any difference between the number of users in the prior fiscal year and the actual number of users in the applicable fiscal year. After the first fiscal year, the Maintenance Fee shall be invoiced by STATE after the close of the fiscal year (i.e., July 1).