Common use of Transfer of Subscriber (Licensee) Payments to Publisher Clause in Contracts

Transfer of Subscriber (Licensee) Payments to Publisher. Publisher Share payments shall be made by electronic transfer to the Publisher (Licensor), or to such bank account as the Publisher (Licensor) may, from time to time, designate to the PatentBook Administrator. The Publisher (Licensor) shall pay any wire transfer costs, currency conversion costs, bank fees or other charges associated with the payment of its Publisher Share. If currency restrictions prevent the PatentBook Administrator from making Publisher Share payments for any period during the term of this Agreement, then, upon request of the Publisher (Licensor), the PatentBook Administrator shall either (a) defer payment; or (b) deposit sums currently due in any bank in the United States designated by the Publisher (Licensor). Such deferral or deposit as directed of payment shall be deemed as compliance in full with the payment obligations under this Article. The PatentBook Administrator shall not be responsible for nonpayment or late payments in the event of any changes to such accounts made less than ten