PAYMENT OF THE LICENSE FEE Sample Clauses

PAYMENT OF THE LICENSE FEE. 4.1 The License Fee due by the CUSTOMER is provided in the Purchase Order.
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PAYMENT OF THE LICENSE FEE. 7.1 After Individual Contract has been concluded by and between Licensor and Licensee, Licensor shall issue and send an invoice for the Scan Tools Data to Licensee.
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PAYMENT OF THE LICENSE FEE. 3.8.1 The ILF for each Licensed Product will be paid by COMPANY pursuant to the payment schedule specified in each applicable Order.
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PAYMENT OF THE LICENSE FEE. The License Fee shall be paid in arrears on or before the fifteenth (15th) day of the immediately succeeding calendar month in the amount set forth on the Monthly Statement prepared in accordance with Section 5.02 hereof. The monthly License Fee payments shall constitute installment payments of the License Fee, subject to reconciliation based on the Monthly Statement prepared in accordance with Section 5.02 hereof. Any overpayment or underpayment shall be adjusted by payment or refund, as appropriate, within thirty days after the preparation of the Monthly Statement.
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Related to PAYMENT OF THE LICENSE FEE

  • License Fee The Licensee to shall make payment of the License Fee to Licensor on the date of this Agreement. All rights granted to Licensee by Producer in the Beat are conditional upon Licensee’s timely payment of the License Fee. The License Fee is a one-time payment for the rights granted to Licensee and this Agreement is not valid until the License Fee has been paid.

  • License Fees If so provided in the Prospectus, the Depositor may enter into a Licensing Agreement (the "Agreement") with a licensor (the "Licensor") described in the Prospectus in which the Trust(s), as consideration for the licenses granted by the Licensor for the right to use its trademarks and trade names, intellectual property rights or for the use of databases and research owned by the Licensor, will pay a fee set forth in the Agreement to the applicable Licensor or the Depositor to reimburse the Depositor for payment of the expenses. If the Agreement provides for an annual license fee computed in whole or part by reference to the average daily net asset value of the Trust assets, for purpose of calculating the accrual of estimated expenses such annual fee shall accrue at a daily rate and the Trustee is authorized to compute an estimated license fee payment (i) until the Depositor has informed the Trustee that there will be no further deposits of additional Securities, by reference to an estimate of the average daily net asset value of the Trust assets which the Depositor shall provide the Trustee, (ii) thereafter and during the calendar quarter in which the last business day of the period described in clause (i) occurs, by reference to the net asset value of the Trust assets as of such last business day, and (iii) during each subsequent calendar quarter, by reference to the net asset value of the Trust assets as of the last business day of the preceding calendar quarter. The Trustee shall adjust the net asset value (Trust Fund Evaluation) as of the dates specified in the preceding sentence to account for any variation between accrual of estimated license fee and the license fee payable pursuant to the Agreement, but such adjustment shall not affect calculations made prior thereto and no adjustment shall be made in respect thereof.

  • Milestone Payments In addition to the payments set forth in Sections 4.1 through 4.3 above, Company shall pay Hospital milestone payments as follows:

  • Milestone Payment Within thirty (30) days following the first Patent Issuance, Eton shall give written notice to Imprimis and shall pay to Imprimis a non-refundable and noncreditable payment of fifty thousand dollars ($50,000).

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