Payment of Renewal Fee Sample Clauses

Payment of Renewal Fee. Licensee shall, within thirty (30) days of each renewal of this License Agreement, pay Licensing Company a non-refundable, non-recoupable renewal fee of US$ 10,000 (ten thousand US Dollars). This renewal fee covers the five-year period applicable to the current renewal of this License Agreement, and not any extension or further renewal thereof. Licensee shall not be obligated to pay such renewal fee if Licensee or its Affiliate paid a renewal fee of at least $10,000 to Licensing Company in connection with a renewal of a substantially identical License Agreement for UHD-Software Manufacturer, for a renewal period extending beyond the date of renewal of this License Agreement.
Sample 1Sample 2See All (4)
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Payment of Renewal Fee. Licensee shall, within forty-five (45) days of each renewal of this License Agreement, pay Licensing Company a non-refundable, non-recoupable renewal fee of US$ 10,000 (ten thousand US Dollars). This renewal fee covers the five-year period applicable to the current renewal of this License Agreement, and not any extension or further renewal thereof. Licensee shall not be obligated to pay such renewal fee if Licensee or its Affiliate paid a renewal fee of at least $10,000 to Licensing Company in connection with a renewal of a substantially identical License Agreement for BD-PC Manufacturer, for a renewal period extending beyond the date of renewal of this License Agreement.
Sample 1Sample 2
Payment of Renewal Fee. Licensee shall, within forty-five (45) days of each renewal of this License Agreement, pay Licensing Company a non-refundable, non-recoupable renewal fee of US$ 10,000 (ten thousand US Dollars). This renewal fee covers the five-year period applicable to the current renewal of this License Agreement, and not any extension or further renewal thereof. Licensee shall not be obligated to pay such renewal fee if Licensee or its Affiliate paid a renewal fee of at least $10,000 to Licensing Company in connection with a renewal of a substantially identical License Agreement for BD Player (Transportation Vehicle) Manufacturer, for a renewal period extending beyond the date of renewal of this License Agreement.
Sample 1Sample 2
Payment of Renewal Fee. Licensee shall, within forty-five (45) days of each renewal of this License Agreement, pay Licensing Company a non-refundable, non-recoupable renewal fee of US$ 10,000 (ten thousand US Dollars). This renewal fee covers the five-year period applicable to the current renewal of this License Agreement, and not any extension or further renewal thereof. Licensee shall not be obligated to pay such renewal fee if Licensee or its Affiliate paid a renewal fee of at least $10,000 to Licensing Company in connection with a renewal of a substantially identical License Agreement for Manufacturer of Aftermarket BD Drive Bundled with BD-PC Software, for a renewal period extending beyond the date of renewal of this License Agreement.
Sample 1Sample 2
Payment of Renewal Fee. In consideration of FINOVA's renewal of the term of the Loan Agreement and the extension of the term of the Fixed Asset Note, Borrowers hereby confirm to FINOVA that they shall pay to FINOVA, in accordance with the provisions of Section 3.1 of the Loan Agreement, a renewal fee ("Renewal Fee") equal to $35,000 (representing one half of one percent (0.5%) of the Total Facility for Revolving Loans). Said Renewal Fee shall be fully earned as of the date hereof and shall be paid by Borrowers to FINOVA as follows: (A) $17,500 simultaneously with the execution hereof and (B) $17,500 on November 26, 1997.
Sample 1
Payment of Renewal Fee. Licensee shall, within forty-five (45) days of each renewal of this License Agreement, pay Licensing Company a non-refundable, non-recoupable renewal fee of US$ 10,000 (ten thousand US Dollars). This renewal fee covers the five-year period applicable to the current renewal of this License Agreement, and not any extension or further renewal thereof. Licensee shall not be obligated to pay such renewal fee if Licensee or its Affiliate paid a renewal fee of at least $10,000 to Licensing Company in connection with a renewal of a substantially identical License Agreement for Manufacturer of Aftermarket UHD Drive Bundled with UHD-PC Software, for a renewal period extending beyond the date of renewal of this License Agreement.
Sample 1
Payment of Renewal Fee. Not less than fifteen (15) Business Days prior to the Expiry Date, the Companies shall pay to the Trustee additional contributions, the after-tax amount of which is not less than the amount of any applicable renewal fee (the “Renewal Fee”) for the Letter of Credit, and shall provide to the Trustee written evidence of the Bank’s willingness, upon receipt of the Renewal Fee, to renew the Letter of Credit as of such Expiry Date in an amount equal to the Corporate Liability as of such date and in accordance with the requirements of Section 3.8. On or before September 15 of each particular year after 2010, the Companies shall pay to the Trustee additional contributions, the after-tax amount of which is not less than the amount of any applicable fee required to increase the face amount of the Letter of Credit (the “Increase Fee”), and, provided the Increase Fee is greater than zero, shall provide to the Trustee written evidence of the Bank’s willingness, upon receipt of the Increase Fee, to increase the face amount of the Letter of Credit as of October 1 of the particular year to an amount equal to the Corporate Liability as of that October 1 and in accordance with the requirements of Section 3.8.
Sample 1
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Related to Payment of Renewal Fee

  • Payment of Rent If the tenant is required to pre-pay rent in advance it should be selected. This is common with tenants with no or bad credit history. Section XIII.

  • Renewal Fee Borrower agrees to pay a fee equal to one-quarter of one percent (0.25%) of the Bank’s committed amount for the Line of Credit upon any renewal of the Line of Credit.

  • PAYMENT OF REFERRAL FEE For each Referred Client, Recipient Broker/Agent shall pay Xxxx.xxx 35% of the gross compensation earned on the referred side in connection with the sale and purchase of real property by such Referred Client if closing occurs within 18 months after the date Xxxx.xxx identified via the monthly report, agent portal and/or placed such Referred Client to Recipient Agent, and the property closed with Recipient Agent (a “Referral Fee”). In the event Recipient Broker/Agent provides the Referred Clients information to another Agent in the brokerage and the Referred Client closes with that Agent, a Referral Fee will be due and that agent shall also be considered a Recipient Agent for the purposes of this Agreement. In the event the Recipient Broker/Agent is an active client of XXXX.xxx’s “Guaranteed Display” featured agent program at the time of the property closing, the applicable referral will be 30%. Recipient Broker/Agent shall either (i) direct the escrow/closing agent to pay the Referral Fee to Xxxx.xxx at closing or (ii) pay the Referral Fee directly to Xxxx.xxx within 15 calendar days of closing.

  • PAYMENT OF RENTS Unless deferred by UCF DHRL, all housing rents relating to a specific period are due no later than the dates shown on the Housing Agreement: Cancellation Fees and Important Dates Schedule for the semester the Student will be in residence. Students who are assigned a room after the rent due date are granted an automatic extension of the due date to 14 days from the date the room assignment is made. UCF DHRL will NOT send an invoice or billing statement to the Student. Payments are due on a semester-by-semester basis. The amount of each payment is shown in the Room Rates: Applicable Rates Schedule. Payments are due on or before the due dates shown in the Housing Agreement: Cancellation Fees and Important Dates Schedule applicable to the length of the agreement the Student and UCF DHRL agree to. Students with an agreement for a summer residence will make only one payment, depending on which session(s) the Student is residing in Housing. Residents staying for both summer session A and summer session B owe the amounts shown for summer session C, and due dates are those shown for summer session C. Please refer to the Housing Agreement: Cancellation Fees and Important Dates Schedule for payment due dates.

  • Late Payment of Rent If any installment of Base Rent or Additional Charges (but only as to those Additional Charges which are payable directly to Lessor or Lessor’s agent or assignee) shall not be paid within five (5) Business Days after its due date, Tenant will pay to Lessor on demand a late charge (to the extent permitted by law) computed at the Overdue Rate (or at the maximum rate permitted by law, whichever is the lesser) on the amount of such installment, from the due date of such installment to the date of payment thereof. To the extent that Tenant pays any Additional Charges to Lessor pursuant to any requirement of this Lease, Tenant shall be relieved of its obligation to pay such Additional Charges to the entity to which they would otherwise be due. If any Facility Mortgagee shall so require, or if any Additional Charges shall not be paid to a third party payee within five (5) Business Days after its due date, Lessor may at any time thereafter, at Lessor’s option, require Tenant to deposit into an escrow account under the sole dominion and control of Lessor (or the applicable Facility Mortgagee), on the first day of each and every month, an amount sufficient to insure that such escrow account shall contain an amount sufficient to make such payment on its next due date, in which event Lessor shall make all future payments for such expense from the escrow account. In the event of any failure by Tenant to pay any Additional Charges when due, Tenant shall promptly pay and discharge, as Additional Charges, every fine, penalty, interest and cost that may be added for non-payment or late payment of such items. Lessor shall have all legal, equitable and contractual rights, powers and remedies provided either in this Lease or by statute or otherwise in the case of non-payment of Rent.

  • Payment of Extension Fee The Borrower shall pay to the Agent for the pro rata accounts of the Lenders in accordance with their respective Commitments an extension fee in an amount equal to twenty-five (25) basis points on the Total Commitment in effect on the Maturity Date (as determined without regard to such extension), which fee shall, when paid, be fully earned and non-refundable under any circumstances.

  • Payment of Fee The cash management fee referred to in Clause 9.1 (Fee Payable) shall only be payable to the Current Issuer Cash Manager on each Payment Date in the manner contemplated by, in accordance with and subject to the provisions of the Current Issuer Pre-Enforcement Revenue Priority of Payments or, as the case may be, the Current Issuer Post-Enforcement Priority of Payments.

  • Rental Fee Is for one day only from 8:00 am to 12:00 midnight. Groups or Individuals requiring more than one day for their event will be charged a rental fee for each day required – no exceptions.

  • Termination Fee (i) The Company shall pay to Parent the Termination Fee, by wire transfer of immediately available funds to an account or accounts designated in writing by Parent, within two (2) Business Days after demand by Parent, in the event that (A) this Agreement is terminated by Parent or the Company pursuant to Section 9.1(b) as a result of the failure to satisfy the Minimum Condition prior to such termination (provided, that (x) the condition to the Offer set forth in clause (A) of Annex A is satisfied at the time of such termination pursuant to Section 9.1(b), (y) the condition to the Offer set forth in clause (C)(1) of Annex A is satisfied at the time of such termination pursuant to Section 9.1(b), except where the failure to meet such condition arises out of or results from a Legal Proceeding brought by or on behalf of the Person who has made the bona fide Acquisition Proposal referred to in clause (B) below and (z) the right to terminate this Agreement pursuant to Section 9.1(b) is then available to Parent); (B) following the execution and delivery of this Agreement and prior to such termination of this Agreement, a bona fide Acquisition Proposal shall have been publicly announced or shall have become publicly disclosed and, in either case, shall not have been withdrawn or otherwise abandoned; and (C) within twelve (12) months following such termination of this Agreement, the Company enters into a definitive agreement with any Person (other than Parent, Acquisition Sub, or their Affiliates) with respect to an Acquisition Proposal or an Acquisition Proposal is consummated. For purposes of the foregoing, each reference to “25%” in the definition of “Acquisition Proposal” shall be deemed to be a reference to “50%”. (ii) In the event that this Agreement is terminated by the Company pursuant to Section 9.1(e), the Company shall pay to Parent the Termination Fee, within two (2) Business Days after demand by Parent, by wire transfer of immediately available funds to an account or accounts designated in writing by Parent. (iii) In the event that this Agreement is terminated by Parent pursuant to Section 9.1(f), the Company shall pay to Parent the Termination Fee, within two (2) Business Days after demand by Parent, by wire transfer of immediately available funds to an account or accounts designated in writing by Parent.

  • Payment of Royalty The royalty obligation under Section 5.4 shall accrue upon the sales of a Licensed Product in each particular country in the Territory, commencing upon [***], and such obligation shall end upon the expiration of the Royalty Term applicable to such Licensed Product in such country. All such royalty payments are non-refundable and non-creditable and shall be due within [***] days of the end of each [***] and are payable in immediately available funds. ProNAi shall notify Marina in writing promptly upon the First Commercial Sale of Licensed Product in each country and thereafter ProNAi shall furnish Marina with a written report (the “Royalties Report”) for each completed [***] showing, on a country-by-country basis, according to the volume of units of Licensed Product sold in each such country (by SKU) during the reporting period (whether Licensed Product is sold by ProNAi or its Affiliates or Sublicensees): (a) the gross invoiced sales of the Licensed Product sold in each country during the reporting period, and the amounts deducted therefrom to determine Net Sales from such gross invoiced sales; (b) the royalties payable in dollars, if any, which shall have accrued hereunder based upon Net Revenues from sales of Licensed Product; and (c) the withholding taxes, if any, required by Applicable Law to be deducted in respect of such sales (provided that, as to sales by Sublicensees, ProNAi shall report only the net sales numbers (using the definition for such term in the applicable sublicense agreement) as reported by the Sublicensee, if such Sublicensee does not report gross invoiced sales numbers). With respect to sales of Licensed Product invoiced in US dollars, the gross invoiced sales, Net Revenues and royalties payable shall be expressed in the Royalties Report in US Dollars. With respect to sales of Licensed Product invoiced in a currency other than US dollars, the gross invoiced sales, Net Sales and royalties payable shall be expressed in the Royalties Report in the domestic currency of the party making the sale as well as in the US dollar equivalent of the Royalty payable and the exchange rate used in determining the amount of US dollars. The US dollar equivalent shall be calculated on a calendar-month basis using the average monthly interbank rate listed in the Wall Street Journal.

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