Monthly License Fee. Owner shall pay Port in advance, on or before the first day of each month, the monthly license fee set forth above. See also the Clover Island Marina Rate Schedule. All payments shall be made payable to Port and delivered to the Port’s address, or at such other address as Port may hereafter designate. Payments by check or cash only. Credit/debit cards are not accepted at this time.
Monthly License Fee. Firm agrees to pay NNRMLS Fifteen dollars ($15) per month, as consideration for the license granted herein. The monthly license fee will be billed to the Firm’s BRS Association account. Firm agrees to make payment in accordance with current Association policies on payment of financial obligations. If this Agreement is renewed beyond the initial term, as set forth below, Firm acknowledges and agrees that NNRMLS may modify the monthly license fee.
Monthly License Fee. For each month during the Term of this Agreement, Licensee shall pay to Licensor, in advance on or before the first day of each calendar month, the License Fee in the amount set forth in Section 1(g) of the Specific Provisions in lawful money of the United States of America. The Licensee fee for any partial month shall be prorated accordingly. For so long as the Loan remains outstanding, Licensor may, at its election, credit or setoff the Licensee Fee (and the general excise taxes payable with respect thereto) against any outstanding principal or interest owed under the terms of the Note even if such principal or interest is not yet due and payable under the terms of the Note.
Monthly License Fee. The Monthly License fee is the greater of (1) $25,000 or (2) the product of (a) the number of Trips conducted by Licensee’s TNC Vehicles in one calendar month and (b) the Per Trip Fee then in effect. The Monthly License Fee shall be accompanied by a full reporting of Licensee’s operation for the payment period, as provided in Section 7, herein.
Monthly License Fee. As consideration for the License granted herein, Licensee shall pay to the City a License Fee during the term of the License as follows:
(i) $ per month during the months of July, August and September;
(ii) $ per month during the months of October, November, and December;
(iii) $ per month during the months of January, February and March; and
(iv) $ per month during the months of April, May and June.
Monthly License Fee. As consideration for the license granted hereunder, Licensee shall make non-refundable cash payments in the amounts and in accordance with the schedule set forth in Exhibit D (the “Monthly License Fee”) to Licensor. Licensee shall pay the Monthly License Fee no later than the last Business Day prior to the end of the applicable calendar month (except for the initial Monthly License Fee, which shall be paid within three (3) Business Days of the Effective Date). The maximum aggregate amount payable by Licensee pursuant to this Section 7.1 is Five Million Dollars ($5,000,000). For clarity, (i) following the Initial Term, no further Monthly License Fee shall be payable by Licensee and (ii) a breach of this Section 7.1 shall constitute a material breach of this Agreement for which the remedies of Section 12.2(b) (Termination for Material Breach) shall be available to Licensor.
Monthly License Fee. For each month during the term of this Agreement, Axiologix will pay to Edumedia a monthly license fee (the “Monthly License Fee”) equal to 50% of all revenue from sales of the Software and Services actually collected by Axiologix during such month.
Monthly License Fee. The initial monthly license fee shall be $124.71 per month. The monthly license fee may be changed by Licensor on not less than forty-five (45) days’ prior written notice to Licensee at the address above. Licensee must pay Licensor the monthly license fee and any Sales Taxes in advance with good funds on or before the first day of each calendar month under this License. Licensee shall pay to Licensor any tax or excise on rents, or other tax however described, levied or assessed against Licensor by any lawful taxing authority on account of Licensor's interest in this License on account of the rents or other charges reserved hereunder (as such charges may increase or decrease from time to time, collectively “Sales Taxes”).
Monthly License Fee. Licensee shall pay CNM in advance, on, or before the first day of each month, the Monthly License Fee set forth above. All payments shall be made to the online payment portal at XXXXXXXXXXXXXXX.XXX OR to Crow's Nest Marina, LLC C/O Prospector Management PO BOX 22029 Seattle, WA 98122, or at such other address as CNM may designate. If the Commencement Date is other than the first day of the month, the Monthly License Fee shall be prorated for the initial month. CNM may revise the Monthly License Fee effective on the first day of any month upon not less than 30 days’ advance written notice to Licensee.
Monthly License Fee. (a) For each and every month during the term of this License, MMC shall pay to Licensor a monthly license fee (the “Monthly License Fee”) equal to the greater of (a) the number of Guaranteed Spaces multiplied by the “Monthly Per Space Fee” (as such term is defined below). From September 1, 2018 through August 31, 2019 (the “First License Year”), the Monthly Per Space Fee shall be $150.00. The Monthly Per Space Fee may be increased from time to time to “Market Rate”, but such increase shall occur no more than once in any License Year. Market Rate shall be the standard monthly rate that Licensor charges to the public for monthly parking in the Garage.
(b) For the First License Year MMC shall pay a Monthly License Fee equal to the greater of (a) $75,000 (the product obtained by multiplying the 500 Guaranteed Spaces times the initial Monthly Per Space Fee of $150 per space) or (b) the product obtained by multiplying the initial Monthly Per Space Fee of $150 times the greatest number of parking spaces used by MMC during such month. By way of illustration only, if MMC used between 400 and 450 parking spaces during a month of the First License Year, the Monthly License Fee would be $75,000 (the 500 Guaranteed Spaces times the Monthly Per Space Fee of $150). Likewise, if for one day of the month during the First License Year, MMC used 600 spaces and for the rest of the month, it used less than 600 spaces, the Monthly License Fee for that month would be $90,000 (600 spaces times the Monthly Per Space Fee of $150 per space). For purposes of this Section 4, any access to the Garage by means of a MMC Access Card (or the interim access cards referenced in Section 2) shall count as a parking space used by MMC.
(c) On or before each the first day of each month during the term of this License, commencing September 1, 2018, MMC shall pay to Licensor an estimated Monthly License Fee of $75,000. Promptly following the end of each calendar month, Licensor shall invoice MMC for its parking usage for the preceding month, based upon the Monthly License Fee then in effect, as specified above. If the Monthly License Fee based on actual usage exceeds $75,000, as reflected in such invoice, MMC shall pay such excess within ten (10) days of invoice. Any Monthly License Fee not received by Licensor within 10 days of its due date, or invoice, as applicable, shall be considered late and a late fee of 3.5% shall be added to the Monthly License Fee, which sum shall be paid upon demand.
