Payment of Quarterly Fee Sample Clauses

Payment of Quarterly Fee. Blockbuster will ------------------------ submit to the Company a quarterly statement of the fee due hereunder. The statement shall include the method of calculation of the fee in reasonable detail and shall be supported, if applicable, by vouchers and such other information as may be reasonably requested by the Company. Within 10 days of Blockbuster's delivery of the statement, the Company shall pay Blockbuster the amount of the fee due; provided, however, that if the Company reasonably objects to -------- ------- any fee or portion thereof, the Company may withhold the amount disputed, provided that the Company furnishes to Blockbuster a detailed written statement of the Company's objection (a "Dispute Notice"). If the Company withholds all or any portion of any fees and delivers a Dispute Notice in accordance with the preceding sentence, the parties shall endeavor in good faith to resolve such dispute. If such dispute is not resolved by the parties within 30 days after delivery of a Dispute Notice, the dispute shall be submitted to a firm of independent certified public accountants appointed by the parties. The decision of such accountants shall be determined within 30 days after such appointment and shall be final and binding upon the parties. Promptly, but in no event later than two business days following the resolution of any such dispute, the Company shall pay Blockbuster the amount of the fee due, if any (as determined by the parties hereto or by the independent certified public accountants), together with interest thereon at LIBOR plus .75% per annum or the maximum permitted by law, whichever is lower, accruing from tenth day following the Company's receipt of the applicable fee statement. "LIBOR" means the rate per annum (rounded upwards, if necessary to the next higher one hundred-thousandth of a percentage point) for deposits in United States dollars for a one-month period, which appears on the display designated as Page 3750 on the Telerate Service (or such other page as may replace Page 3750 on that service or such other service as may be nominated by the British Bankers' Association as the information vendor for the purposes of displaying British Bankers' Association Interest Settlement Rates for United States dollar deposits) on the tenth day following the Company's receipt of the applicable fee statement (or if such day is not a day on which such rate is quoted, the next succeeding day on which such rate is quoted) and as adjusted on each...
Sample 1
AutoNDA by SimpleDocs
Payment of Quarterly Fee. On the first day of each calendar quarter (i.e., January 1, April 1, July 1, and October 1) during the Term, Adagio shall owe Adimab a quarterly fee of [***] (the “Quarterly Fee”), which Quarterly Fee shall be due [***] after the first day of such calendar quarter; provided, however, that Adagio may, at any time and its sole option, terminate the obligation to pay the Quarterly Fee for a given calendar quarter and subsequent calendar quarters by sending notice to Adimab of such termination to Adimab prior to the start of such given calendar quarter.
Sample 1

Related to Payment of Quarterly Fee

  • Monthly Fee Programmer will pay Licensee for the broadcast of the programs hereunder a fee each month as described in more detail in Appendix A to this Agreement (the "Monthly Fee"). The Monthly Fee will be payable on the first day of each calendar month during the Term, to Clearly Superior Radio, L.L.C., 0000 Xxxxx Xxxxx Xxxxxx, Xxx Xxxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxx 00000, or to such other address as Licensee may designate in writing. The failure of Licensee to demand or insist upon prompt payment of the Monthly Fee will not constitute a waiver of its right to do so.

  • Quarterly Payments If Tenant during any six (6) month period shall be more than five (5) days delinquent in the payment of any rent or other amount payable by Tenant hereunder on three (3) or more occasions, then, notwithstanding anything herein to the contrary, Landlord may, by written notice to Tenant, elect to require Tenant to pay all Base Monthly Rent and Additional Rent quarterly in advance. Such right shall be in addition to and not in lieu of any other right or remedy available to Landlord hereunder or at law on account of Tenant's default hereunder

  • Quarterly Bonus The Employee shall be eligible to be paid a quarterly bonus earned in accordance with the terms set forth on Exhibit 3.2.

  • Royalty Fee The Licensee agrees to pay AmericaTowne a monthly fee equal to 7.5% of its Gross Retail Sales (the "Royalty Fee").

  • Payment of Royalty If the Optionor and Optionee have formed the Joint Venture under Article 4.1 hereof, then until either the Optionee or Optionor ceases to have any interest in the Joint Venture and the Property, the Optionee and Optionor shall pay their proportionate shares(based on their respective undivided interests in the Joint Venture) of any royalty payable to any governmental body.

  • Reports; Payment of Royalty During the Term following the First Commercial Sale of a Product, Merck shall furnish to Ambrx a quarterly written report for the Calendar Quarter showing the Net Sales of all Royalty Products subject to royalty payments sold by Merck and its Related Parties in the Territory for use in the Field during the reporting period and the royalties payable under this Agreement. Reports shall be due on the [***] day following the close of each Calendar Quarter. Royalties shown to have accrued by each royalty report shall be due and payable on the date such royalty report is due. Merck shall keep complete and accurate records in sufficient detail to enable the royalties payable hereunder to be determined.

  • Payment of Royalties To the best of Seller’s knowledge, all royalties and in-lieu royalties with respect to the Assets which accrued or are attributable to the period prior to the Effective Time have been properly and fully paid, or are included within the suspense amounts being conveyed to Buyer pursuant to Section 11.4.

  • Quarterly As of the last day of each Fiscal Quarter.

  • Payment of Bonus Within fifteen (15) days of such termination, the Company shall pay to the Executive his Target Bonus pursuant to Section 3(b), prorated for the number of days of employment completed by the Executive during the year in which his employment terminated.

  • Payment of Reimbursement Amount To effect the expense reimbursement provided for in this Agreement, the Fund may offset the appropriate Reimbursement Amount against the management fees, Rule 12b-1 fees and/or shareholder servicing fees payable under the Investment Management Agreement, Rule 12b-1 Plan and/or the Shareholder Servicing Agreement. Alternatively, the Reimbursement Amount shall be paid directly by IICO, IDI and/or WISC. Such offset shall be taken, or such direct payment shall be paid, two times per year within 30 days following the date of a Fund’s applicable semi-annual or annual reporting period.

Time is Money Join Law Insider Premium to draft better contracts faster.