Examples of Additional License Fee in a sentence
In addition, if an Option Breach occurs after the date of Distributor’s exercise of the Initial Extension Option but prior to the date of the extension of the Term pursuant to the Initial Extension Option then the Company, in its sole discretion, shall have the option to refuse to permit the Term to be extended whereupon the Company shall return the Additional License Fee to Distributor.
Customer’s failure to pay the Additional License Fee or provide the reports noted above within thirty (30) days from the applicable Reporting Event shall constitute a material breach of the Agreement.
The share price for ----------- determining the number of MIKN Shares deliverable to HOC as the Additional License Fee shall be the lower of (i) the Initial Market Price, and (ii) the average of the high and low price of MIKN Shares on the NASDAQ National Market System on the last trading day immediately prior to the date the Additional License Fee, or any installment thereof, becomes payable.
There shall be no repayment to Distributor of any portion of the Initial License Fee or the Additional License Fee if the exercise of the Buy Back Option is not exercised, except as set forth in Section 1.5. The provisions of this Section 2.3 shall be the Company’s sole and exclusive remedy for the failure of Distributor to satisfy the Minimum Purchase Requirements for either the First Review Period or the Second Review Period.
Upon payment of the Additional License Fee, the number of Maximum Users shall be adjusted to include the Excess, and such fees shall be non-cancelable and non-refundable.
The Initial License Fee and the Additional License Fee will be ----------- referred to collectively as the "License Fee." The License Fees shall be due and ----------- payable within thirty (30) days after the date of AvantGo's invoice to the Licensee, provided that AvantGo shall only invoice Licensee for the Initial License Fee after Licensee has finally accepted the Software in accordance with Section 2.
Licensee may purchase from time to time the right to use, as provided in this Agreement, additional Licensed Units at the applicable Licensee Fees for Additional Licensed Units set forth on the Schedule (the “Additional License Fee”), and Maintenance Services thereon for a Maintenance Fee equal to the Additional License Fee times the ratio of the Maintenance Fee to the License Fee for the original Licensed Units, prorated for the remaining then-current Maintenance Term.
The Additional License Fee Base for each calendar quarter during the calendar year in which the Commencement Date occurs shall be *** cents ($ *** ) per gross square foot per calendar quarter.
In the event an Additional Building is added to this Agreement pursuant to the provisions hereof, the License Fee shall be adjusted effective upon the date such Additional Building is added to this Agreement by increasing the License Fee by a sum equal to the Additional License Fee Base times the gross square footage of such Additional Building.
Any Additional License Fee shall be due and payable as set forth in LMI’s invoice.