Common use of Times when Payments are Due Clause in Contracts

Times when Payments are Due. 6.1 The End-User Licence Fee and the Connection Fee for the first Quarter shall become payable as soon as the Licensee begins providing or allowing access to or use of Information to or by Individual Users, provided that where the End-User Licence Fee and the Connection Fee become payable for the first Quarter other than at the commencement of the relevant Quarter, the End-User Licence Fee and the Connection Fee will be reduced by one third for each complete month elapsed; and thereafter each End- User Licence Fee and the Connection Fee shall be payable on or prior to commencement of the Quarter to which that End-User Licence Fee and the Connection Fee relates.

Times when Payments are Due. 6.1 The End-User Licence Fee and the Connection Fee for the first Quarter shall become payable as soon as the Licensee begins providing or allowing access to or use of Information to or by Individual Users, provided that where the End-User Licence Fee and the Connection Fee become payable for the first Quarter other than at the commencement of the relevant Quarter, the End-User Licence Fee and the Connection Fee will be reduced by one third for each complete month elapsed; and thereafter each End- End - User Licence Fee and the Connection Fee shall be payable on or prior to commencement of the Quarter to which that End-User Licence Fee and the Connection Fee relates.