Payments to Licensee Sample Clauses

Payments to Licensee. Citius shall pay to Licensee thirty-five percent (35%) of the Alpex Revenue and any Citius Product EBITDA within forty-five (45) days after any Alpex Revenue or Citius Product EBITDA is received by Citius (the “Citius Product Royalties”); provided, however, that to the extent the any Citius Product Royalty payment does not exceed any remaining balance of the Development Cost Reimbursement not yet paid by Licensee under Section 6.2, then Citius may, in lieu of paying the Citius Product Royalty payment to Licensee, reduce the amount of the Development Cost Reimbursement by the amount of such Citius Product Royalty (and any remaining Installment Payments will be reduced accordingly). In the event that any Citius Product is launched, Citius shall have the same obligations as those imposed upon Licensee under Article 7, and Licensee shall have the same rights as those granted to Citius under Article 7, mutatis mutandis with respect to the Citius Products (and any Alpex Revenue and Citius Product EBITDA) and any payments relating thereto.
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Payments to Licensee. Any payment due from Licensors to Licensee pursuant to Section 5.7 of this Agreement which is contingent upon a payment schedule entered into between Licensors and a Prospective User shall be payable in accordance with such payment schedule and shall be paid to Licensee within ten days of receipt by Licensors of a payment from such Prospective User pursuant to such payment schedule. Licensors agree to make payments due hereunder to Licensee in French francs, or the successor currency thereto, at the then-prevailing exchange rate on the date payment is effected by Licensors. Failure by Licensors to make payments to Licensee within 45 calendar days of receipt by Licensors of a payment from a Prospective User pursuant to such payment schedule shall constitute a material breach of this Agreement under Section 8.1 below.
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Payments to Licensee. Upon termination of this Agreement in accordance with its terms (by an Event of Default, consummation of the Purchase Agreement, or expiration of the term of this Agreement), Broker shall, within ten (10) days of such termination, pay to Licensee all monies due Licensee.
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Payments to Licensee. In consideration for the sale to Broker of the commercial advertising on the Station, Broker shall pay to Licensee during the Term the Guaranteed Fixed Monthly Payments and the Net Profits Payments in the amounts and on the dates set forth in Schedule A.
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Payments to Licensee. 1. VOMI will pay Licensee a fee ( “Partner Fee”) for the promotion of the VOMI Virtual Organization Academy Partner Program on the assigned Partner Site as follows: Licensee will receive $5000 or 1/3 (one third) of the Program Fee, whichever is more, paid by a registered student of, or program participant at, VOMI Virtual Organization Academy.
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Related to Payments to Licensee

  • Payments to Xxxxxx In connection with the distribution of shares of the Fund, Xxxxxx will be entitled to receive: (a) payments pursuant to any Distribution Plan and Agreement from time to time in effect between the Fund and Xxxxxx with respect to the Fund or any particular class of shares of the Fund, (b) any contingent deferred sales charges applicable to the redemption of shares of the Fund or of any particular class of shares of the Fund, determined in the manner set forth in the then current Prospectus and Statement of Additional Information of the Fund and (c) subject to the provisions of Section 3 below, any front-end sales charges applicable to the sale of shares of the Fund or of any particular class of shares of the Fund, less any applicable dealer discount.

  • PAYMENTS TO OWNER Section 4.01 Remittances...................................................29 Section 4.02 Statements to Owner...........................................29 Section 4.03 Monthly Advances by Servicer..................................30 Section 4.04 Due Dates Other Than the First of the Month...................30 ARTICLE V

  • Payments to Seller With respect to each Pledged Timeshare Loan, the Borrower shall have (i) received such Pledged Timeshare Loan as a contribution to the capital of the Borrower by the Seller or (ii) purchased such Pledged Timeshare Loan from the Seller in exchange for payment (made by the Seller in accordance with the provisions of the Sale and Contribution Agreement) in an amount which constitutes fair consideration and reasonably equivalent value. No such sale shall have been made for or on account of an antecedent debt owed by the Seller to the Borrower and no such sale is or may be voidable or subject to avoidance under any section of the Bankruptcy Code.

  • PAYMENTS TO PURCHASER 52 ARTICLE VI....................................................................54

  • Payments to the Distributor In consideration of the payments made by the Fund to the Distributor under this Plan, the Distributor shall provide administrative support services and distribution assistance services to the Fund. Such services include distribution assistance and administrative support services rendered in connection with Shares (1) sold in purchase transactions, (2) issued in exchange for shares of another investment company for which the Distributor serves as distributor or sub-distributor, or (3) issued pursuant to a plan of reorganization to which the Fund is a party. If the Board believes that the Distributor may not be rendering appropriate distribution assistance or administrative support services in connection with the sale of Shares, then the Distributor, at the request of the Board, shall provide the Board with a written report or other information to verify that the Distributor is providing appropriate services in this regard. For such services, the Fund will make the following payments to the Distributor:

  • Payments to Company Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.

  • Payments to Originators With respect to each Receivable transferred to Seller under the Receivables Sale Agreement, Seller has given reasonably equivalent value to the applicable Originator in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by any Originator of any Receivable under the Receivables Sale Agreement is or may be voidable under any section of the Federal Bankruptcy Code.

  • Payments to Third Parties Grantee agrees to hold harmless Grantor when Grantor acts in good faith to redirect all or a portion of any Grantee payment to a third party. Grantor will be deemed to have acted in good faith if it is in possession of information that indicates Grantee authorized Grantor to intercept or redirect payments to a third party or when so ordered by a court of competent jurisdiction.

  • Payments to the Company Except as provided in Section 1(d), 2 or 3 hereof, the Company shall have no right or power to direct the Trustee to return to the Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan(s).

  • Payments to Originator With respect to each Receivable transferred to Buyer hereunder, the Purchase Price received by Originator constitutes reasonably equivalent value in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by Originator of any Receivable hereunder is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ 101 et seq.), as amended.

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