Minimum Annual License Fee Sample Clauses

Minimum Annual License Fee. The annual Minimum Annual License Fee will be Eight Hundred Fifty Thousand Dollars ($850,000) payable in four (4) Fiscal Quarterly installments of Two Hundred Twelve Thousand Five Hundred Dollars ($212,500). ANNUAL MAINTENANCE FEE: The annual Minimum Maintenance Fee will be Two Hundred Fifty Thousand dollars ($250,000) payable in advance. 30 CONFIDENTIAL-WSGR DRAFT 11/20/98 ATTACHMENT B ABT BUSINESS PROCEDURES The following general principles will apply, in ABT/UK is described as the "ABT Entity." The parties will agree in good faith upon more detailed business procedures, and ABT/UK will use reasonable efforts to abide by the business procedures generally provided by ABT to its licensees. GENERAL ABT Entity will have a consumer focus and will supply consumer products and services at competitive prices, in a hassle free, haggle free environment. ("Universal Autoxxxxx.xxx Xxxlosophy") ABT Entity will strive to offer all automotive related products and services, including the purchase or lease of new and used vehicles from dealers, financing, insurance and the sale of warranty services, and after market products, if applicable. Additional products and services may be added to the basic model, but only in accordance with universal ABT philosophy (for example, consumer to consumer used car sales, dealer to dealer auctions and the Mobalist). CONSUMER ABT Entity will supply consumer with access to information on automotive products and services, including pricing information, specifications and other useful information to educate the consumer on automotive related matters. ABT Entity is to use a purchase request concept under which a consumer provides pertinent information and specifications on the vehicle the consumer wishes to purchase or lease. In addition, the ABT Entity will notify the consumer of purchase request's receipt, the dealer to whom the request was forwarded and provide a toll free number to call if purchase request is not responded to within a defined period of hours. Consumer personal information will be considered confidential and treated as such. It should not be sold or supplied to external sources without the permission of the consumer. Any such distribution of data should be made to reputable external partners only.
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Minimum Annual License Fee. If total payments (including any payments required pursuant to Section 3.2 or Sections 4.1 through 4.5) required to paid to Pathogenics for the annual periods set forth below are less than the minimum amount set forth below, Acuity shall pay Pathogenics an amount (the “Annual Minimum Payment”) for that annual period equal to the difference between the total payments required for such annual period and the Annual Minimum Payment owing for that annual period. Such payment shall be made within forty five days of the end of each applicable year of this Agreement. For the year ended December 31, 2007, the Annual Minimum Payment shall be $[* Confidential material which has been omitted and filed separately with the Securities and Exchange Commission.**]. For the years ended December 31, 2008, 2009 and 2010, the Annual Minimum Payment shall be $[***]. For the years ended December 31, 2011 and 2012, the Annual Minimum Payment shall be $[***]. For the year ended December 31, 2013, the Annual Minimum Payment shall be $[***].
Sample 1
Minimum Annual License Fee. Beginning one (1) year from the date of this Agreement, Licensee-Trainee shall pay an Annual License Fee each year unless Licensee-Trainee communicates with Licensee-Xxxxxxx that he/she no longer wishes to maintain license rights. The annual license fee will be Ninety-nine Dollars ($99.00) per year. This $99 annual fee is waived if Licensee-Trainee is an active member of the optional Healthy Hands Cooking Instructor Community (HHCIC) at the time of renewal of the Annual License Fee.
Sample 1
Minimum Annual License Fee. With respect to each calendar year during the Term, the minimum annual amount of the License Fees owed by Licensor that accrue during such Annual Period shall be $5,000.
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Minimum Annual License Fee. In consideration of the licenses granted herein, Licensee shall pay to ABT the minimum license fee specified on ATTACHMENT A ("MINIMUM ANNUAL LICENSE FEE"). The Minimum Annual License Fee will be payable as indicated in ATTACHMENT A.
Sample 1
Minimum Annual License Fee. (a) To retain its rights to distribute Software Packages in the Territory, Distributor must meet or exceed the yearly target revenues payments to Lynx set forth in Exhibit D attached hereto. The minimum license fee includes all revenues paid to Lynx by Nissin including the representative revenues for source and royalties, training, binary sales, etc. Two quarters prior to the expiration of this agreement (as per section 9. .1) the parties shall negotiate the minimum license fee for the next four quarters. In the event that the parties do not agree on a figure for the Minimum License Fee for such year, the Minimum License Fee for each successive quarter shall be set at [*] percent ([*]) percent of the greater of the previous quarter's Minimum License Fee (set forth in Exhibit D) or the actual revenues paid to Lynx under Sections 4 and 5.5 below for the previous year. (b) If, in any calendar year of this Agreement, Distributor fails to meet the Minimum License Fee as set forth above in the Territory, Distributor's rights to distribute Software Packages in the Territory shall terminate automatically unless otherwise agreed to in writing. Notwithstanding the foregoing, Distributor may at its option retain its rights to distribute in the Territory upon payment to Lynx, within thirty (30) days after the end of such year, of a [*] to the [*] between the [*] of the [*] due for such year [*] the [*] to Lynx by Distributor with respect to that year. [*] = CERTAIN INFORMATION ON THIS PAGE HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS.
Sample 1
Minimum Annual License Fee. If total payments (including any payments required pursuant to Section 3.2 or Sections 4.1 through 4.5) required to paid to Pathogenics for the annual periods set forth below are less than the minimum amount set forth below, Acuity shall pay Pathogenics an amount (the “Annual Minimum Payment”) for that annual period equal to the difference between the total payments required for such annual period and the Annual Minimum Payment owing for that annual period. Such payment shall be made within forty five days of the end of each applicable year of this Agreement. For the year ended December 31, 2007, the Annual Minimum Payment shall be $50,000. For the years ended December 31, 2008, 2009 and 2010, the Annual Minimum Payment shall be $100,000. For the years ended December 31, 2011 and 2012, the Annual Minimum Payment shall be $200,000. For the year ended December 31, 2013, the Annual Minimum Payment shall be $1,500,000.
Sample 1
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Related to Minimum Annual License Fee

  • Annual License Fee Upon the mutual execution of this Agreement, GROWER shall pay PVMI a single Annual License Fee as above.

  • Initial License Fee In partial consideration for the exclusive license granted pursuant to Section 2.1 hereof, Licensee shall pay to Scripps a non-refundable license fee upon execution of this Agreement in the amount of 70,000 shares of Licensee common stock as specified in Exhibit D. The license fee described in this Section is consideration for the grant and continuation of the license hereunder, and Scripps shall have no obligation to return any portion of such license fee, notwithstanding any failure by Licensee to develop any Licensed Product or market any Licensed Product commercially, and notwithstanding the volume of sales of any such Licensed Product.

  • Minimum Annual Royalty Beginning in the calendar year after the first occurrence of SALEs, and in each succeeding calendar year thereafter, LICENSEE will pay to REGENTS a minimum annual royalty of [Written amount] U.S. Dollars ($ Number) for the life of this AGREEMENT. This minimum annual royalty will be paid to REGENTS by February 28 of each year and will be credited against the earned royalty due and owing for the calendar year in which the minimum payment is made.

  • Minimum Annual Royalties Company shall pay to JHU minimum annual royalties as set forth in Exhibit A. These minimum annual royalties shall be due, without invoice from JHU, within thirty (30) days of each anniversary of the EFFECTIVE DATE beginning with the first anniversary. Running royalties and sublicense consideration accrued under Paragraphs 3.3 and 3.4, respectively, and paid to JHU during the one year period preceding an anniversary of the EFFECTIVE DATE shall be credited against the minimum annual royalties due on that anniversary date.

  • Minimum Annual Rent Tenant agrees to pay to Landlord the Minimum Annual Rent in equal monthly installments in the amount set forth in Section 1(d) (as increased at the beginning of each lease year as set forth in Section 1(d)), in advance, on the first day of each calendar month during the Term, without notice, demand or setoff, at Landlord's address designated at the beginning of this lease unless Landlord designates otherwise; provided that rent for the first full month shall be paid at the signing of this lease. If the Commencement Date falls on a day other than the first day of a calendar month, the rent shall be apportioned pro rata on a per diem basis for the period from the Commencement Date until the first day of the following calendar month and shall be paid on or before the Commencement Date. As used in this lease, the term "LEASE YEAR" means the period from the Commencement Date through the succeeding 12 full calendar months (including for the first lease year any partial month from the Commencement Date until the first day of the first full calendar month) and each successive 12 month period thereafter during the Term.

  • Commercial License For information regarding a commercial license please contact the Faculty of Fisheries and Protection of Waters, University of South Bohemia Ceske Budejovice, Xxxxx 000, 000 00 Xxxx Xxxxx, Xxxxx Xxxxxxxx, tel:

  • Trial License We grant you a free-of-charge, non-assignable, non-sublicensable, non-exclusive, worldwide right and license for one (1) Authorized User to install and use one (1) copy of the Software solely for internal Non-Production purposes to evaluate the Software to determine whether to purchase a license to the Software. You may not download more than one (1) copy of the Software unless otherwise authorized by us. You may not use the Software for any other purpose. You may only use the Software for thirty (30) days from the Effective Date, unless otherwise authorized by us ("Trial Period"). Unless you pay the applicable fee for the Software, the Software may become inoperable and, in any event, your right to use Software automatically expires at the end of the Trial Period. We may terminate your license to the trial version of the Software upon written notice at any time for any reason and without liability of any kind. If you subsequently license a non-trial version of the Software, your license to the trial version of the Software shall immediately terminate.

  • Perpetual License Notwithstanding anything else in the Agreement, Licensor grants to Licensee and Participating Institutions a nonexclusive, royalty-free, system-wide perpetual license limited to the territory of Czech Republic to use any Licensed Materials that were subscribed to or for which a perpetual license fee has been paid during the term of this Agreement. Such use shall be in accordance with the provisions of this Agreement, which provisions shall survive any termination of this Agreement. The means by which Licensee and/or Participating Institutions shall have access to such Licensed Materials shall be in a manner and form substantially equivalent to the means by which access is provided under this Agreement. If the Licensor’s means of access is not available, the Licensee and/or Participating Institutions may provide substantially equivalent access to the Licensed Materials by use of an archival copy or by engaging the services of third-party trusted archives (such as Portico) and/or participating in collaborative archiving endeavors to exercise its perpetual use rights.

  • Minimum Royalty At the beginning of each calendar year during the term of this Agreement, beginning January 1, 2016, Company shall pay to Medical School a minimum royalty of {***}. If the actual royalty payments to Medical School in any calendar year are less than the minimum royalty payment required for that year, Company shall have the right to pay Medical School the difference between the actual royalty payment and the minimum royalty payment in full satisfaction of its obligations under this Section, provided such minimum payment is made to Medical School within sixty (60) days after the conclusion of the calendar year. Waiver of any minimum royalty payment by Medical School shall not be construed as a waiver of any subsequent minimum royalty payment. If Company fails to make any minimum royalty payment within the sixty-day period, such failure shall constitute a material breach of its obligations under this Agreement, and Medical School shall have the right to terminate this Agreement in accordance with Section 8.3.

  • Term and Annual Renewal The term of this Agreement shall be from the date of its approval by the vote of a majority of the Board of each Issuer, and it shall continue in effect from year to year thereafter only so long as such continuance is specifically approved at least annually by the vote of a majority of its Board, and the vote of a majority of those members of the Board who are neither parties to the Agreement nor interested persons of any such party, cast at a meeting called for the purpose of voting on such approval. “Approved at least annually” shall mean approval occurring, with respect to the first continuance of the Agreement, during the 90 days prior to and including the date of its termination in the absence of such approval, and with respect to any subsequent continuance, during the 90 days prior to and including the first anniversary of the date upon which the most recent previous annual continuance of the Agreement became effective. The effective date of the Agreement with respect to each Fund is identified in the Schedule A of this Agreement.

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