Payment of License Fees. On each Distribution Payment Date, each Trust will pay to Licensor, as payment in full for the Licenses granted hereunder, a fee equal to, for each day during each Calculation Period, the Up Asset Amount or the Down Asset Amount as applicable, as of the preceding day, multiplied by the Annual Fee Rate divided by 365 or 366 depending on the number of days in the current year (the "Licensing Fee").
Payment of License Fees. On each Distribution Payment Date, each Holding Trust will pay to Licensor, as payment in full for the Licenses granted hereunder, a fee equal to, for each day during each Calculation Period, the Up-MACRO Asset Amount or the Down-MACRO Asset Amount as applicable, as of the preceding day, multiplied by the Annual Fee Rate divided by 365 or 366 depending on the number of days in the current year (the "Licensing Fee"). The Tradeable Trusts shall pay no royalty directly to Licensor, however the Licenses granted hereunder to each of the Tradeable Trusts are subject to the payment of Licensing Fees by both of the Holding Trusts.
Payment of License Fees. 4.1 The payment of the license fees due under this AGREEMENT shall be made sixty (60) days after the end of each calendar half-year for the amount corresponding to the sales or sub-license payments for that half-year.
4.2 All payments due from the LICENSEE under this AGREEMENT shall be made by direct bank transfer to the account notified to it by the LICENSOR. All bank charges relating to the said payments shall be the liability of the LICENSEE up until the payments are made to the account of the LICENSOR.
4.3 For the purposes of this AGREEMENT, license fees relating to the NET INCOME paid in a currency other than the French Franc or the Euro must be converted at the average rate of exchange on the last but one Wednesday of the month preceding the month of invoicing, as published by the Banque de France.
4.4 The sums paid to the LICENSOR shall remain its property under all circumstances. VAT shall be invoiced in addition, at the applicable rate, and paid by the LICENSEE.
4.5 Any withholding tax payable by the LICENSEE on the license fees due under this AGREEMENT shall be deducted from the license fees due for the relevant country. The LICENSEE must obtain and keep at the disposal of the LICENSOR proof of payment of such withholding tax. The LICENSEE must assist the LICENSOR to avoid paying double taxation and will on request provide it with any necessary document for this purpose.
4.6 In the case of late payment, the sums due to the LICENSOR shall be increased by a penalty equal to one and a half time the legal rate of interest.
Payment of License Fees. (a) LICENSEE shall pay SOCIETY the license fees due hereunder as follows:
(i) Upon entering into this Agreement, the license fees due for the first calendar year of this Agreement as shown by the report due at that time; and
(ii) By each succeeding January 31, the license fees for the then current calendar year, and any additional license fees due for the previous calendar year, as shown by the report due on that date.
(b) In the event LICENSEE shall be delinquent in payment of license fees due to SOCIETY by thirty days or more, LICENSEE shall pay a finance charge on the license fees due of 1 1/2% per month, or the maximum rate permitted by law, whichever is less, from the date such license fees should have been paid.
Payment of License Fees. 16 6.3 Royalties.................................................... 17 6.4
Payment of License Fees. 1. The Committee shall reimburse the cost of the required licenses for the Supervisor of Nurses.
2. The Committee agrees to reimburse the application fee and related professional development materials for the Supervisor of Nurses who successfully completes the National Certification Exam for School Nurses. A Nurse may not apply for course reimbursement in the same year.
3. The Committee agrees to reimburse the Supervisor of Nurses for the cost of any special license required as a condition of employment and reimburse him/her for any continuing education units taken at not more than three hundred dollars ($300.00) for every two (2) years after providing proof of attendance. Payment will be made by the end of the fiscal year, (June 30), in which the course/continuing education units are earned provided that the proof of attendance is provided by June 15 to the Human Resources Office.
Payment of License Fees. 1. The Committee shall reimburse the cost of the required licenses for the Speech and Language Pathologists, Occupational Therapists, Physical Therapists, Psychologists, School Adjustment Counselors, Nurses, and Athletic Trainers.
2. The School Committee agrees to reimburse the application fee and related professional development materials for any Nurse who successfully completes the National Certification Exam for School Nurses. The procedures for applying for course reimbursement outlined in Article 32 sections B.3., shall apply. A Nurse may not apply for course reimbursement in the same year.
3. The School Committee agrees to reimburse Nurses for the cost of any special license required as a condition of employment and reimburse him/her for any continuing education units taken at not more than three hundred dollars ($300.00) for every two
Payment of License Fees. The aggregate sum of the License Fee applicable to all Residential Units shall be payable by Licensee to Licensor quarterly on the first day of each calendar quarter; provided, however, that the prorated portion of the License Fee applicable to the period commencing on the date hereof and continuing through the end of the same calendar quarter shall be due and payable in full at the time of mutual execution of this License Agreement. The obligation to pay the License Fee is not affected by the amount of usage of the Fitness Facility by the Eligible Users of a Residential Unit.
Payment of License Fees. (a) In consideration of the rights granted herein, you shall pay Alibi Music the License Fee, as specified in the Subscription or Standard license (Alibi Rate Card) pricing, and any associated sales, value added, use and/or other taxes and government charges required to be collected by Us. All such taxes shall be based on your “xxxx-‐to address” and shall be determined at the rate in effect at the time of completion of the Order. Taxes will be charged only in states and other taxing jurisdictions where digital goods and services are taxable.
(b) You shall tender payment of the License Fee via credit card, Automated Clearing House (“ACH”) debit from your U.S. bank account, or PayPal account.
Payment of License Fees. The successful tenderer must remit 1st year license fee in a single installment in advance to Railway Administration within 14 days from the date of receipt of awarding letter of the contract (or) letter of acceptance, otherwise the EMD amount paid will be forfeited without any further notice/ correspondence. The 2nd year to 5th year license fee should be payable on the bid amount as mentioned below:
