Common use of Payment of Fees; Adjustment of Fees for Renewal Term Clause in Contracts

Payment of Fees; Adjustment of Fees for Renewal Term. In consideration of the rights granted in this License Agreement, for each Contract Year during the Term, Licensee shall pay the amounts determined by applying Licensee’s Operating Policy for each Premises reported for the applicable Contract Year to the Rate Schedule applicable at the commencement of the applicable Contract Year, and totaling the resulting amount with respect to each Premises (the “Fees”). For the avoidance of doubt, Licensee shall not pay additional Fees for an applicable Contract Year on account of additional Premises added after the Fee Payment Date (or initial Fee Payment Date if paying on an installment method) during such Contract Year. ASCAP shall provide Licensee with the Rate Schedule applicable to each subsequent calendar year prior to the commencement of such calendar year, provided that in the event the fees and charges set forth on such Rate Schedule exceed the corresponding fees and charges set forth in the then-current Rate Schedule by an amount greater than the increase in the Consumer Price Index-All Urban Consumers (CPI-U) during the twelve-month period concluding in the October of the then-current calendar year, ASCAP shall provide Licensee with such Rate Schedule at least 45 days prior to the commencement of the applicable calendar year. Subject to the terms and conditions of this License Agreement and the ASCAP Terms of Use, Licensee shall pay to ASCAP the applicable Fees (including all applicable taxes and levies as described below) on the applicable Fee Payment Date(s), and if paying via a credit, debit or other payment card, using the payment method associated with Licensee’s User Account (the “Payment Preferences”).

Appears in 1 contract

Samples: Ascap General License Agreement

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Payment of Fees; Adjustment of Fees for Renewal Term. In consideration of the rights granted in this License Agreement, for each Contract Year during the Term, Licensee shall pay the amounts determined by applying Licensee’s Operating Policy for each Premises reported for the applicable Contract Year to the Rate Schedule applicable at the commencement of the applicable Contract Year, and totaling the resulting amount with respect to each Premises Year (the “Fees”). For the avoidance of doubt, Licensee shall not pay additional Fees for an applicable Contract Year on account of additional Premises added after the Fee Payment Date (or initial Fee Payment Date if paying on an installment method) during such Contract Year. ASCAP shall provide Licensee with the Rate Schedule applicable to each subsequent calendar year prior to the commencement of such calendar year, provided that in the event the fees and charges set forth on such Rate Schedule exceed the corresponding fees and charges set forth in the then-current Rate Schedule by an amount greater than the increase in the Consumer Price Index-All Urban Consumers (CPI-U) during the twelve-month period concluding in the October of the then-current calendar year, ASCAP shall provide Licensee with such Rate Schedule at least 45 days prior to the commencement of the applicable calendar year. Subject to the terms and conditions of this License Agreement and the ASCAP Terms of Use, Licensee shall pay to ASCAP the Fees, or any applicable Fees portion thereof payable pursuant to the Payment Plan set forth herein (an “Installment Payment”) (including all applicable taxes and levies as described below) on the applicable Fee Payment Date(s), and if paying via a credit, debit or other payment card, ) using the payment method associated with Licensee’s User Account (the “Payment Preferences”)...

Appears in 1 contract

Samples: General License Agreement

Payment of Fees; Adjustment of Fees for Renewal Term. In consideration of the rights granted in this License Agreement, for each Contract Year during the Term, Licensee shall pay the amounts determined by applying Licensee’s Operating Policy for each Premises reported for the applicable Contract Year to the Rate Schedule applicable at the commencement of the applicable Contract Year, and totaling the resulting amount with respect to each Premises Year (the “Fees”). For the avoidance of doubt, Licensee shall not pay additional Fees for an applicable Contract Year on account of additional Premises added after the Fee Payment Date (or initial Fee Payment Date if paying on an installment method) during such Contract Year. ASCAP shall provide Licensee with the Rate Schedule applicable to each subsequent calendar year prior to the commencement of such calendar year, provided that in the event the fees and charges set forth on such Rate Schedule exceed the corresponding fees and charges set forth in the then-current Rate Schedule by an amount greater than the increase in the Consumer Price Index-All Urban Consumers (CPI-U) during the twelve-twelve- month period concluding in the October of the then-current calendar year, ASCAP shall provide Licensee with such Rate Schedule at least 45 days prior to the commencement of the applicable calendar year. Subject to the terms and conditions of this License Agreement and the ASCAP Terms of Use, Licensee shall pay to ASCAP the Fees, or any applicable Fees portion thereof payable pursuant to the Payment Plan set forth herein (an “Installment Payment”) (including all applicable taxes and levies as described below) on the applicable Fee Payment Date(s), and if paying via a credit, debit or other payment card, ) using the payment method associated with Licensee’s User Account (the “Payment Preferences”)...

Appears in 1 contract

Samples: General License Agreement

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Payment of Fees; Adjustment of Fees for Renewal Term. In consideration of the rights granted in this License Agreement, for each Contract Year during the Term, Licensee shall pay the amounts determined by applying Licensee’s Operating Policy for each Premises reported for the applicable Contract Year to the Rate Schedule applicable at the commencement of the applicable Contract Year, and totaling the resulting amount with respect to each Premises Year (the “Fees”). For the avoidance of doubt, Licensee shall not pay additional Fees for an applicable Contract Year on account of additional Premises added after the Fee Payment Date (or initial Fee Payment Date if paying on an installment method) during such Contract Year. ASCAP shall provide Licensee with the Rate Schedule applicable to each subsequent calendar year prior to the commencement of such calendar year, provided that in the event the fees and charges set forth on such Rate Schedule exceed the corresponding fees and charges set forth in the then-current Rate Schedule by an amount greater than the increase in the Consumer Price Index-All Urban Consumers (CPI-U) during the twelve-month period concluding in the October of the then-current calendar year, ASCAP shall provide Licensee with such Rate Schedule at least 45 days prior to the commencement of the applicable calendar year. Subject to the terms and conditions of this License Agreement and the ASCAP Terms of Use, Licensee shall pay to ASCAP the applicable Fees (including all applicable taxes and levies as described below) on the applicable Fee Payment Date(s), and if paying via a credit, debit or other payment card, using the payment method associated with Licensee’s User Account (the “Payment Preferences”).

Appears in 1 contract

Samples: Ascap General License Agreement

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