Payments to Licensor. In partial consideration of the licenses and other rights granted herein, Licensee has made and shall make the following payments to Licensor: 7.
Payments to Licensor. In consideration of the granting of the aforementioned rights, Licensee shall pay Licensor the percentages of the price(s) indicated in Appendix A for all sales made by Licensee during the term of this Agreement. In the event that any fees are paid directly to Licensor by End-User for any licenses or consulting services sold by Licensee, Licensor shall remit to Licensee the appropriate percentage of such fees, as specified in paragraph 4.1 and Appendix A, within thirty (30) days following receipt of such fees from End-User. Licensor's obligation to pay Licensee, and Licensee's obligation to pay Licensor, such fees shall survive the expiration or earlier termination of this Agreement Licensee may request price modification from Licensor and Licensor shall review any price modification requests but may withhold, approval of any price modification that is requested, but such decision to withhold approval shall not be unreasonable.
Payments to Licensor. In consideration of the aforesaid grant of license to LICENSEE and the further covenants contained in this Agreement, including the covenant contained in Section [****]-CONFIDENTIAL TREATMENT REQUESTED
Payments to Licensor. In consideration of the aforesaid LICENSE GRANT and as a condition of its continuation in force, LICENSEE shall make the following payments to LICENSOR:
1. An initial non-refundable payment upon execution of this Agreement of thirty thousand (30,000) shares of the common stock of LICENSEE which is traded on NASDAQ, said shares to be included in a registration statement to be filed with the U.S. Securities and Exchange Commission (SEC) at the earliest practical time, presently estimated to be within thirty (30) days of the date hereof, said shares to have a value of at least $US30, 000 on the date of execution of this License Agreement;
2. A non-refundable payment of $US35, 000.00 to Elbit Systems Ltd. as per the assignment document set forth in Annex A hereto; and
3. In respect of each LICENSED PRODUCT sold by LICENSEE or any sublicensee, royalties as follows: 3% (Three Percent) of the GROSS SALES PRICE of LICENSED PRODUCTS for sales of LICENSED PRODUCTS of up to $US50 million per calendar year; and
1 (One Percent) of the GROSS SALES PRICE of LICENSED PRODUCTS for sales of LICENSED PRODUCTS in excess of $US50 million per calendar year. The royalty payments under this subparagraph will be paid twice a year, one month following both June 30 and December 31 of each year, in respect of the proceeding six month calendar period. LICENSEE will provide LICENSOR before February 1 of each year with a full statement of all LICENSED PRODUCTS which were sold prior to January 1 of such year and at the same time will pay the balance of the royalties due for all LICENSED PRODUCTS sold. The statement will be certified by LICENSEE'S auditor.
Payments to Licensor. (a) Licensor's Share of Net Profits: In consideration of the ------------------------------- Distribution Rights, Fox shall pay to Licensor an amount equal to 100% of Net Profits ("Licensor's Share of Net Profits").
Payments to Licensor. Notwithstanding anything contained in Section 11.4 of the Agreement to the contrary, all payments to Licensor shall be made by wire transfer to the following account: Payee: ABG Intermediate Holdings 2, LLC Bank of America Oxx Xxxxxx Xxxx Xxx Xxxx, XX 00000 Account Number: 4427792434 ABA Routing Number (for domestic wires): 000000000 (wire) or 021000322 (ach). Swift Code (for international wires): BXXXXX0X In each case reference: Movado / Calendar Quarter
Payments to Licensor. In full and complete consideration to Licensor for all of the Licensed Rights granted to TopRange hereunder, the receipt and adequacy of which are hereby acknowledged, TopRange shall pay Licensor the sum of . The sum is to be paid within 30 (thirty) days from the acceptance date. Shall the licensor fail to provide the requested payment details within 7 (seven) days from the acceptance date, the sum agreed above shall no longer be payable. Licensor shall be responsible for and agrees to report any taxes relating to payments it receives to the appropriate tax authority and governmental entities. Licensor agrees to complete all additional forms required by TopRange including, but not limited to, an additional signed license agreement, any additional information requested by TopRange relating to the Images, and the submitted Images in a format acceptable to TopRange in order to receive payment, and must be able to grant to TopRange all rights set forth in such forms, including without limitation, the consent forms and/or other releases as required by TopRange (collectively, the "Releases"). For the sake of clarity, TopRange's requirement related to completion of the Releases is not intended to, and does not, alter that exclusive ownership of the Images that is granted to TopRange upon signing this agreement.
Payments to Licensor. (a) Licensor's Share of Net Profits: [XXXXXXXXXXXXXXXXXXXXXXXXXXX ------------------------------- XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX]
(b) Terminology: As used herein, the term "Net Profits" means, with ----------- respect to any particular Program, the amount, if any, remaining after Fox has deducted and retained the aggregate of the following from the Gross Receipts derived from Fox's exercise of Distribution Rights in respect of such Program in the following order of priority:
Payments to Licensor. 8.1 The Licensee shall pay to the Licensor the Licence Fee in accordance with the Payment Schedule. If no date for payment of the Licence Fee is specified in the Payment Schedule the Licence Fee shall become due and payable upon signature of this Agreement. The Licensor shall issue an invoice for the Licence Fee and the Licensee shall make payment within 30 days of the date of the invoice.
8.2 On the early termination of this Agreement howsoever caused, save for the breach of a material term of the Agreement by the Licensor or termination by the Licensor in accordance with clause 16.3, any part of the Licence Fee then unpaid shall be immediately due and payable, regardless of any payment date(s) specified in the Payment Schedule.
Payments to Licensor. In consideration of the grant of the Distribution Rights and Licensor's representations and warranties contained herein, and subject to Licensor's compliance with the material terms of this Agreement, Fox shall pay Licensor as follows:
