Common use of Payment of Registration Fee Clause in Contracts

Payment of Registration Fee. Licensee shall, within forty-five (45) days of the execution of this License Agreement, pay Licensing Company a non-refundable, non-recoupable registration fee of US$ 25,000 (twenty-five thousand US Dollars). This registration fee covers the initial five-year period of this License Agreement, and not any extension or renewal thereof. Licensee shall not be obligated to pay such registration fee if Licensee or its Affiliate already paid a registration fee of at least $25,000 to Licensing Company in connection with a substantially identical License Agreement for BD-PC Manufacturer.

Payment of Registration Fee. Licensee shall, within forty-five thirty (4530) days of the execution of this License Agreement, pay Licensing Company a non-refundable, non-recoupable registration fee of US$ 25,000 (twenty-five thousand US Dollars). This registration fee covers the initial five-five- year period of this License Agreement, and not any extension or renewal thereof. Licensee shall not be obligated to pay such registration fee if Licensee or its Affiliate already paid a registration fee of at least $25,000 to Licensing Company in connection with a substantially identical License Agreement for BD-PC Software Manufacturer.

Payment of Registration Fee. Licensee shall, within forty-five (45) days of the execution of this License Agreement, pay Licensing Company a non-refundable, non-recoupable registration fee of US$ 25,000 (twenty-five thousand US Dollars). This registration fee covers the initial five-year period of this License Agreement, and not any extension or renewal thereof. Licensee shall not be obligated to pay such registration fee if Licensee or its Affiliate already paid a registration fee of at least $25,000 to Licensing Company in connection with a substantially identical License Agreement for BDUHD-PC Manufacturer.