Payments by Licensee. Unless otherwise specifically provided in this Agreement, Licensee shall pay all invoices within thirty (30) days from the date of the invoice. In the event Licensee fails to pay an amount due within the period of time set forth for payment, interest shall accrue on the unpaid balance at the rate of one and one-half percent (1.5%) per month (or such lesser rate as may be required by law) for each month starting from the expiration of such period until payment is received.
Payments by Licensee. In accordance with Business and Professions Code section 7108.5, the Licensee agrees to pay all subcontractors not later than seven (7) Days of receipt of each progress payment, unless otherwise agreed in writing by the parties, the respective amounts allowed the Licensee on account of the Work performed by its subcontractors, to the extent of each such subcontractor’s interest therein. The Licensee shall pay and shall require its subcontractors to pay each employee engaged in Work on the Project under this Agreement and any Change Order in full (less deductions made mandatory by law) not less often than once each week.
Payments by Licensee. 3.1 In consideration of the grant by the Licensor of the Licence, the Licensee shall pay the Licence Fee and the Site Preparation Fee.
3.2 Save for the first Licence Fee, the Licence Fee shall be paid quarterly in advance by the Licensee on the Payment Days for the Term and in accordance with the provisions in respect of Billing and Payment contained in the Access Agreement.
3.3 The first Licence Fee shall be payable on the date that either;
(a) the Licensor commences the Site Preparation Works; or
(b) the date hereof; whichever is the earlier.
3.4 The first Licence Fee shall be apportioned from the date specified in the preceding sub-clause to the next Payment Day.
3.5 Where the Licence is to expire on a date less than three (3) months from the Payment Day, then that Licence Fee shall be apportioned from the Payment Day to the date of expiry of the Licence.
3.6 The Licensor shall be entitled to review the Licence Fee every one (1) year and the Licensor shall notify the Licensee in respect of any variation of Licence Fee as a result of the review.
3.7 In addition to the Licence Fee, the Site Preparation Fee and the Registration Fee, the Licensee shall pay the Licensor on receipt of a valid invoice the reasonable costs and expenses necessarily incurred by the Licensor:
(a) in respect of the supervision by the Licensor of the installation, use and maintenance of the Equipment by the Licensee, in accordance with clause 2.6. The charge for this supervision shall be the charge set out in Schedule 3 of the within Licence;
(b) in making good any damage to the Site caused by the Licensee;
(c) in enforcing its rights under this Licence;
(d) in acceding to any requests of the Licensee, which results in expenditure by the Licensor outside of the terms of this Licence. This shall include, but not be restricted to, requests for additional security, cleaning or maintenance at the Designated Site or the Substituted Site. The Licensor shall charge a fifteen (15%) per centum administration fee in respect of any such requests. Any such fully invoiced demands will be issued at least twenty-one (21) days in advance of the due date for payment.
3.8 The Licensor shall be entitled to charge the Licensee for space occupied by any Facilities Equipment, where the Facilities Equipment has been installed by the Licensor at the request of the Licensee.
3.9 The Licensee shall pay a proportion of the Local Authority Rates eligible in respect of the Designated Site which proportion shall...
Payments by Licensee to Department shall be made to the City of New York at The Xxxxxxx, Xxxxxxx Xxxx, Xxx Xxxx, Xxx Xxxx 00000. Notice from Licensee or Commissioner shall be sent by certified mail, return receipt requested, or delivered to Commissioner at such address.
Payments by Licensee. 9.2.1 From and after the Effective Date, Licensee shall be responsible for reimbursing for all reasonable costs associated with prosecuting and maintaining the patents within the Patent Rights; provided, that Licensee's prior approval shall be required for any costs in excess of Five Thousand Dollars ($5,000), other than any previously approved costs, which approval shall not be withheld unreasonably. If Licensee elects not to continue to so reimburse SKCC for the prosecution and maintenance of an application or patent within the Patent Rights, in any country it shall promptly notify SKCC. If Licensee elects not to continue to so reimburse SKCC with respect to an application or patent within the Patent Rights in Japan, the United States, Germany, the United Kingdom, France, Italy or Spain the subject patent or patent application, respectively, shall cease to be within the Patent Rights in such country for purposes of this Agreement. If Licensee elects not to continue to so reimburse SKCC with respect to an application or patent within the Patent Rights in any country other than those listed in the preceding sentence, the license granted to Licensee under such application or patent (as the case may be) shall become nonexclusive in such country.
9.2.2 It is understood that a potential exists that subject matter covered by the Patent Rights may overlap with subject matter covered by certain other patent rights owned or controlled by Licensee. Although the parties are not aware of the extent of such overlap, if any, as of the Effective Date, in the course of prosecuting the patents it is anticipated that such an overlap may become known. Both SKCC and Licensee desire to resolve any such issues amicably, and therefore agree to use good faith efforts to resolve, without the expense and resources of formal adversary proceedings, any issues that may arise with respect to such overlapping subject matter. So that SKCC will not have an undue advantage in resolving such issues, it is agreed that notwithstanding Section 9.2.1 above, Licensee shall not be obligated to reimburse SKCC for any costs relating to interferences, oppositions or similar proceedings as between the Patent Rights and any other patent rights owned or controlled by Licensee; provided, however, to the extent that SKCC prevails on material claims in the interference, Licensee will reimburse SKCC's reasonable out-of-pocket costs of such interference, opposition or similar proceeding, it being understoo...
Payments by Licensee. Upon execution of this Agreement, Licensee will pay Owner the License Fee and Clean-Up Fee. Licensee will pay Owner any extra expenses not covered by the initial estimate within 10 days after receipt of Owner’s invoice.
Payments by Licensee to Owner of royalties due pursuant to paragraphs 4 hereof shall be made monthy 75 days from each months end and each such payment shall be accompanied by a statement setting forth in detail the computation of the amount thereof and include, without limitation of the generality of the foregoing, the number of records sold from each master during the accounting period, as well as all charges, royalties and claims hereunder. All payments made by Licensee hereunder shall be computed in local currency at official rates effective on the date provided for payment, subject to any governmental exchange regulations in effect from time to time in the territory.
Payments by Licensee. Licensee shall continue to pay royalties to Sears with respect to products bearing the Craftsman Marks on the terms and subject to the conditions set forth in the Agreement, as if the license granted by Sears to Licensee in Section 12(a)(iii) of the Agreement with respect to the Craftsman Marks had not been terminated.
Payments by Licensee to Licensor of revenues due hereunder shall be made in currency of the United States of America. Each payment shall be made monthly, within fifteen (15) days following the end of each month. Such statement shall be forwarded to Licensor, regardless of whether or not any monies are due and owing to Licensor. All statements and payments made by Licensee shall be binding on Licensor and not subject to any objection for any reason, unless specific objection is made by Licensor in writing to Licensee stating the basis thereof within eighteen (18) months after the date of each such statement. Licensor shall not maintain any action, claim or proceeding against Licensee in any form with respect to any such statement or payment unless a written objection notice is made and such action, claim or proceeding is commenced against Licensee in a court of competent jurisdiction within two (2) years after the date of any such statement. Licensor has the right, at its sole cost and expense, to appoint an independent certified public accountant to audit only those books and records of Licensee which pertain to the revenues generated hereunder and only for the purposes of verifying accounting statements. Licensee will cooperate fully with such audit, which shall be during ordinary business hours, after at least thirty (30) days notice at the Licensee's regular place of business where Licensee keeps said books and records and be conducted so as to minimize disruption to the Licensee business. All information derived by Licensor during such audit shall be kept confidential, as same constitutes trade secrets of Licensee. Licensor may only conduct an audit once in any calendar year and only once per statement.
Payments by Licensee
