Common use of Monthly Licence Fee Clause in Contracts

Monthly Licence Fee. 1.1. For member firms located in New Zealand, payment is in New Zealand dollars, plus GST: a) For firms with between 1 and 11 team members: $595 per month. b) For firms with between 12 and 31 team members: $795 per month. c) For firms with between 32 and 71 team members: $995 per month. d) For firms with more than 71 team members: as negotiated between the parties. 1.2. For member firms located in Australia, payment is in Australia dollars: a) For firms with between 1 and 11 team members: $595 per month. b) For firms with between 12 and 31 team members: $795 per month. c) For firms with between 32 and 71 team members: $995 per month. d) For firms with more than 71 team members: as negotiated between the parties. 1.3. For member firms located in the United Kingdom, payment is in British pounds: a) For firms with between 1 and 11 team members: £295 per month. b) For firms with between 12 and 31 team members: £395 per month. c) For firms with between 32 and 71 team members: £495 per month. d) For firms with more than 71 team members: as negotiated between the parties. 1.4. For member firms located elsewhere, payment is in United States dollars: a) For firms with between 1 and 11 team members: $430 per month. b) For firms with between 12 and 31 team members: $595 per month. c) For firms with between 32 and 71 team members: $795 per month. d) For firms with more than 71 team members: as negotiated between the parties. 1.5. Payment terms are as follows: a) The first Monthly Licence Fee is payable on Commencement Date. b) Subsequent Monthly Licence Fees are payable: