Minimum Annual Payment. Payments by Licensee to PalmSource under the following Sections of this Exhibit D shall be subject to a Minimum Annual Payment during each Contract Year: Section II(A)(1)(a) (Licensee Products) and Section II(B)(1) (PS Product Software); Section II(B)(2) (PS Desktop Software); Section II(B)(5) (PS Q Browser Software); Section II(A)(2) (PS MultiMail Pro/SE Software) and Section II(B)(3) (Stand-alone PS MultiMail Pro/SE Software); Section II(A)(3) (PS Bluetooth Software) and Section II(B)(4) (PS Bluetooth Software), other than payment under Section II(B)(4)(a)(i); Section II(E) (PS Source Code); and Section III (Maintenance and Support Fees). The Minimum Annual Payment shall be forty million dollars ($40,000,000) for the first Contract Year, thirty-seven million, five-hundred thousand dollars ($37,500,000) for the second Contract Year, thirty-nine million dollars ($39,000,000) for the third Contract Year, forty-one million dollars ($41,000,000) for the fourth Contract Year, and forty-two million, five-hundred thousand dollars ($42,500,000) for the fifth Contract Year. If the amounts paid by Licensee to PalmSource under such enumerated Sections of this Exhibit D are less than the applicable Minimum Annual Payment during any Contract Year, then Licensee shall make a non-refundable payment to PalmSource within forty-five (45) days of the end of such Contract Year in an amount equal to the shortfall (i.e., the applicable Minimum Annual Payment less the amounts actually paid under this Agreement during such Contract Year).
Minimum Annual Payment. The Minimum Annual Payment is nil for the calendar year in which the first contract year date begins. For each subsequent calendar year, prior to age 71 of the Annuitant (or the Annuitant's spouse or common-law partner, if elected at issue), the Minimum Annual Payment as per subsection 146.3(1) of the Income Tax Act (Canada) shall not be less than the Account Value of the Contract at the beginning of the calendar year divided by the number that is the difference between 90 and
Minimum Annual Payment. No later than November 30 of each Calendar Year commencing in 2009, Licensee shall pay to Licensor a non-refundable minimum annual payment of $46,000 less any amounts previously paid pursuant to Section 5.3 or 5.4 during such Calendar Year. Each such payment shall be credited against royalties and the Buy-Out Payment, if any, for that Calendar Year.
Minimum Annual Payment. (i) Payments by Licensee to PSI under the following Sections of this Exhibit D shall apply towards the minimum annual payment specified in this paragraph (the “Minimum Annual Payment”) during each Contract Year: Section II(A)(1)(a) (PS Product Software; Royalties on Net Revenue) and Section II(B)(1) (Royalty for Stand-alone Products; PS OS Software); Section II(B)(2) (Royalty for Stand-alone Products; Stand-alone PS Desktop Software); Section II(B)(5) (Royalty for Stand-alone Products; Stand-alone PS Q Browser Software); Section II(A)(2) (PS MultiMail Pro/SE Software) and Section II(B)(3) (Royalty for Stand-alone Products; Stand-alone PS MultiMail Pro/SE Software); Section II(A)(3) (PS [**] Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. PALMSOURCE AND PALMONE CONFIDENTIAL Bluetooth Software) and Section II(B)(4) (Royalty for Stand-alone Products; Stand-alone PS Bluetooth Software), other than payment under Section II(B)(4)(a)(i); and Section III (Maintenance and Support Fees).
Minimum Annual Payment. “Minimum Annual Payment” means the amount of the required annual payment as detailed in Section 3.1.6.
Minimum Annual Payment. During the term of this Agreement, Customer is responsible for making a minimum annual payment to Utility in the amount of ELEVEN THOUSAND TWO HUNDRED FORTY THREE U.S. Dollars ($11,243) (the “Minimum Annual Payment”). Commencing on the first day of the month following the completion date of the Incremental Natural Gas Facilities, any contract year in which the aggregate of the delivery charge and demand charge paid by Customer is less than the Minimum Annual Payment, then Customer shall pay to Utility, upon demand, an amount equal to the difference between Customer’s aggregate delivery charge and demand charge payments for that year and the Minimum Annual Payment. The delivery charge and demand charge will be stated in the Customer’s applicable rate schedule or in a service agreement with Utility.
Minimum Annual Payment. Commencing December 31, 2022, the Property shall be subject to a minimum annual payment (whether classified, in whole or in part, as a tax payment or an in lieu of payment) obligation in the amount of $26,500.00 for each year in which the minimum tax payment is payable as set forth herein, less (a) all real and personal property taxes assessed and paid on the Property; and (b) to the extent two percent (2%) of the taxable sales of the Redeveloper payable to the City of Stillwater exceeds $15,981.17 (“Minimum Annual Payment”), which shall continue in effect for each year thereafter through the duration of fifteen years, through December 31, 2037 (the “Minimum Annual Payment Period”).
Minimum Annual Payment. 13 Organic Transaction ..........................................................13
Minimum Annual Payment. Subject to and conditioned upon Cultivator being able to lawfully process during the Term of this Agreement Cultivator’s Hemp under the Processor’s above mentioned Registration, then, in such event, commencing with the first product to be processed by Cultivator under this Agreement, (“Start Date”), Cultivator shall hereafter reconcile payments to Processor for each annual twelve (12) months period from Start Date a minimum fee of $25,000 in the event that the Processing Fee under section 5(b) of this Agreement for any such twelve (12) month period is less than $25,000.00 in the aggregate .
Minimum Annual Payment. If applicable, within ten (10) days following each of the first, second and third anniversaries of the date hereof, WRT shall make a minimum annual payment to Mxxxxxxx in an amount equal to $50,000, less the aggregate amounts paid or payable to Mxxxxxxx under Sections 4(a) and 4(b) for the twelve month period ending on the applicable anniversary date.
