Common use of PREPAYMENT OF LICENSE FEES Clause in Contracts

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.

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.