PREPAYMENT OF LICENSE FEES. OEM shall prepay License Fees in the amount set forth in a License/Product Schedule, if any, upon execution of the License/Product Schedule. In no event shall such prepayment be refundable. If OEM has prepaid License Fees with respect to a Bundled Product, all of such prepaid amounts may be offset against License Fees accrued at a rate of fifty cents ($0.50) for each dollar ($1.00) of License Fees accrued until the prepayments are exhausted. OEM shall show the application of prepaid License Fees in the licensing reports provided to RSA pursuant to Section 3.7.
Appears in 5 contracts
Samples: Oem Master License Agreement (Watchguard Technologies Inc), Oem Master License Agreement (Watchguard Technologies Inc), Master License Agreement (Unwired Planet Inc)
PREPAYMENT OF LICENSE FEES. OEM shall prepay License Fees in the -------------------------- amount set forth in a License/Product Schedule, if any, upon execution of the License/Product Schedule. In no event shall such prepayment be refundable. If OEM has prepaid License Fees with respect to a Bundled Product, all of such prepaid amounts may be offset against License Fees accrued at a rate of fifty cents ($0.50) for each dollar ($1.00) of License Fees accrued until the prepayments are exhausted. OEM shall show the application of prepaid License Fees in the licensing reports provided to RSA pursuant to Section 3.7.
Appears in 2 contracts
Samples: Master License Agreement (Liquid Audio Inc), Master License Agreement (Liquid Audio Inc)