Royalty and Service Fee Sample Clauses

Royalty and Service Fee. Franchisee shall pay to Company during the terms of this Agreement on or before the twentieth (20th) day of each calendar month a royalty and service fee in the amount of three percent (3%) of the "Net Revenues" derived from the operation of the Residence licensed under this Agreement for the proceeding calendar month (hereinafter referred to as "Continuing Royalties"). 6.03
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Royalty and Service Fee. FRANCHISEE agrees to pay to the COMPANY a monthly royalty and service fee based on the following percentages of the Gross Revenues, as defined in Paragraph C of this Section 8, payable by the tenth (10th) day of each month in respect of the Gross Revenues for the preceding month: Four percent (4.0%) of the Gross Revenues for each month during the period commencing on the date of execution of this Agreement by the COMPANY and expiring on the last day of the month that includes the first (1st) anniversary of such date; The COMPANY may, in its sole discretion, institute an electronic funds transfer system for payment of the royalty and service fee each month during the term of the Franchise. If the COMPANY institutes such a system, FRANCHISEE agrees to execute all documents required to authorize his bank to electronically transfer funds from his account to the COMPANY's account at its bank as payment of the royalty and service fee each month upon presentation by the COMPANY of a statement of the Gross Revenues and the royalty and service fee due and owing in respect of the Gross Revenues for the preceding month.
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Royalty and Service Fee. FRANCHISEE agrees to pay to COMPANY a royalty and service fee of eight percent (8%) of Gross Sales, as defined below, payable by the Friday of each week on Gross Sales for the preceding calendar week.
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Royalty and Service Fee. Franchisee shall pay to Franchisor during the term of this Agreement on or before the tenth (10th) day of each calendar month a royalty and service fee in the amount of three percent (3%) of the Net Sales (as defined in Section 6.03) derived from the operation of the Franchised Restaurant for the then preceding calendar month ("Continuing Royalties"). If there is hereafter assessed any nature of sales tax or use tax or other tax on Continuing Royalties or other sums previously or hereafter received by Franchisor under this Agreement ("Sales Tax"), then in addition to all Continuing Royalties and other payments to be made by Franchisee as provided in this Agreement, Franchisee shall also pay Franchisor or the taxing authority, if required by law, a sum equal to the amount of such Sales Tax. The term "Sales Tax" shall not include any income taxes applicable to Franchisor. Any Sales Tax paid to Franchisor shall be paid when due to the taxing authority.
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Royalty and Service Fee. FRANCHISEE agrees to pay to the COMPANY a weekly royalty and service fee of four percent (4%) of the Net Revenues, as defined in Paragraph C of this Section, due within ten (10) days of each week ending on a Sunday which shall be, if so directed by the COMPANY, payable by way of a surcharge on purchases of frozen yogurt mix, ice cream, or other dessert products, which surcharge shall be imputed from a reasonable and assumed systemwide average retail selling price of products to be sold using those products and which equates to four percent (4%) of the Net Revenues therefrom derived; under no circumstance shall the royalty and service fee exceed four percent (4%) of the actual Net Revenues of FRANCHISEE, and FRANCHISEE may at any time request a credit due to overpayment and it will be granted by the COMPANY upon FRANCHISEE's presentation of proof, satisfactory to the COMPANY, that a credit is due. The surcharge may be collected by the designated distributor from whom FRANCHISEE purchases frozen yogurt mix, ice cream, or other dessert products when payment for such is due or as the COMPANY may otherwise reasonably direct. The COMPANY expressly reserves the right to collect the royalty and service fee in other methods as it shall reasonably direct from time to time, including by way of automatic funds transfer (ACH) from an account designated by FRANCHISEE pursuant to a form approved by the COMPANY. All fees and amount due to COMPANY hereunder shall be paid by FRANCHISEE without right of set-off of reduction for any amounts that may be due by COMPANY to FRANCHISEE under any contract, agreement, account or understanding that may exist between the parties.
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Royalty and Service Fee 
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Related to Royalty and Service Fee

  • Service Fee In consideration of the administrative support services provided by a Recipient, the Distributor shall make service fee payments to that Recipient quarterly or at such other interval as deemed appropriate by the Distributor, within forty-five (45) days of the end of each calendar quarter or other period, at a rate not to exceed 0.25% on an annual basis of the average during the period of the aggregate net asset value of Shares, computed as of the close of each business day, constituting Qualified Holdings owned beneficially or of record by the Recipient or by its Customers for a period of more than the minimum period (the “Minimum Holding Period”), if any, that may be set from time to time by a majority of the Independent Trustees. Alternatively, the Distributor may, at its sole option, make the following service fee payments to any Recipient, within forty-five (45) days of the end of each calendar quarter or at such other interval as deemed appropriate by the Distributor: (i) “Advance Service Fee Payments” at a rate not to exceed 0.25% of the average during the calendar quarter or other period of the aggregate net asset value of Shares, computed as of the close of business on the day such Shares are sold, constituting Qualified Holdings, sold by the Recipient during that period and owned beneficially or of record by the Recipient or by its Customers, plus (ii) service fee payments at a rate not to exceed 0.25% on an annual basis of the average during the period of the aggregate net asset value of Shares, computed as of the close of each business day, constituting Qualified Holdings owned beneficially or of record by the Recipient or by its Customers for a period of more than one (1) year. In the event Shares are redeemed less than one year after the date such Shares were sold, the Recipient is obligated to and will repay the Distributor on demand a pro rata portion of such Advance Service Fee Payments, based on the ratio of the time such Shares were held to one (1) year. The administrative support services to be rendered by Recipients in connection with the Accounts may include, but shall not be limited to, the following: answering routine inquiries concerning the Fund, assisting in the establishment and maintenance of accounts or sub-accounts in the Fund and processing Share redemption transactions, making the Fund’s investment plans and dividend payment options available, and providing such other information and services in connection with the rendering of personal services and/or the maintenance of Accounts, as the Distributor or the Fund may reasonably request.

  • Royalty Fee The Licensee agrees to pay AmericaTowne a monthly fee equal to 7.5% of its Gross Retail Sales (the "Royalty Fee").

  • License Fee Controlled Affiliate will pay to BCBSA a fee for this License determined pursuant to the formula(s) set forth in Exhibit B.

  • Service Fees In consideration of the performance of the Services by Custodian, each Fund shall pay Custodian in accordance with the fee arrangements set forth on Schedule I to this Loan Servicing Agreement (the “Service Fees”). Except for such sums as are payable upon the execution hereof, if any, Custodian shall send an invoice for the Service Fees to the applicable Fund within thirty (30) days after the end of each calendar quarter during the term hereof and such invoice shall be payable upon receipt.

  • Royalty Fees In further consideration of the distribution rights and related rights granted by Shengqu to the Licensees hereunder, the Licensees shall pay to Shengqu a royalty fee equal to 35% of revenues on a monthly basis.

  • Royalty Payments (i) Royalties shall accrue when Licensed Products are invoiced, or if not invoiced, when delivered to a third party or Affiliate.

  • License Maintenance Fee Beginning on the first anniversary of the Effective Date, and on each anniversary of the Effective Date thereafter during the term of the Agreement, Company shall pay to Medical School {***}. This annual license maintenance fee is nonrefundable and is not creditable against any other payments due to Medical School under this Agreement.

  • Monthly Fee Programmer will pay Licensee for the broadcast of the programs hereunder a fee each month as described in more detail in Appendix A to this Agreement (the "Monthly Fee"). The Monthly Fee will be payable on the first day of each calendar month during the Term, to Clearly Superior Radio, L.L.C., 0000 Xxxxx Xxxxx Xxxxxx, Xxx Xxxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxx 00000, or to such other address as Licensee may designate in writing. The failure of Licensee to demand or insist upon prompt payment of the Monthly Fee will not constitute a waiver of its right to do so.

  • Royalty Payment In partial consideration of the grant of rights to Schering by ICN under this Agreement, Schering shall pay ICN a royalty in the following amount:

  • Marketing Fee Member shall pay to RPMG a Marketing Fee equal to ***. The Marketing Fee shall be paid on a monthly basis. In lieu of Member directly paying any amounts to RPMG by separate payment, the parties may offset or apply such amounts to subsequent payments to be made within RPMG's standard billing and payment cycle.

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