Base License Fee definition
Examples of Base License Fee in a sentence
The population set forth in the report shall be used to calculate the Base License Fee under this Agreement; and (ii) a report containing the information set forth in paragraph 4.(d) below for all Special Events that were presented between the effective date of this Agreement and the execution of this Agreement.
If broadcast rights are approved by PACA at the time of entry into this Agreement as stated in Section 8.5 herein or subsequently by PACA’s Event Manager as stated in Section 8.5 herein, then, an additional fee equal to the Base License Fee indicated in Section 1.2 will be charged to the LICENSEE, plus any additional sales taxes, if applicable.
Notwithstanding the foregoing, if such relocation requires the Licensee’s business to be closed during the moving process, the Base License Fee shall be reduced proportionately based on the number of days the Licensee’s business is closed to the total number of business days for the Licensee in the Term.
In the event Galileo elects to pay the Annual Base License Fee, Galileo will use the Licensed Software in a manner generally consistent with its existing offline business model (measured in terms of look-to-book productivity or a similar metric, which the parties will agree at the time of election and which Galileo will implement sufficient technical capabilities to measure).
If Whole Hemp fails to fully pay the Base License Fee by September 30, 2017, then any outstanding amount of the Base License Fee shall bear interest from October 1, 2017 through the date fully paid at a rate equal to 3% in excess of the annual prime interest rate being charged at the time by ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, or any successor thereto.
Licensor may elect to terminate Licensee’s possession of the Licensed Premises without terminating this License such that Licensee’s obligations to pay the Base License Fee, Extra Charges and Percentage License Fee shall remain in full force and effect.
The Third Party Base License Fee will be payable monthly in advance, commencing with the Agreement Month beginning January 1, 2008 (which payment shall be made promptly following the date hereof).
In consideration for the services rendered by HCHB pursuant to Section 6 above, Client agrees to pay to HCHB a quarterly maintenance and hosting fee (the “Maintenance and Hosting Fee”), equal to Client’s Base License Fee plus current User Fee (for the number of Licensed Users specified by Client for the Contract Year quarter) multiplied by the Maintenance Rate and Hosting Rate set forth on Schedule “A” hereto.
Client agrees to pay to HCHB a one-time, non-refundable base license fee (the “Base License Fee”) in the amount specified on Schedule “A” attached hereto, which Base License Fee shall be payable in accordance with the terms set forth in Section 7.5 below.
You cannot use the Security Deposit as payment of any installment of Your Base License Fee, or to reduce any other charges that You may owe Us. We may use the Security Deposit to offset any damages, beyond normal wear and tear, to the Licensed Premises or the Unit or may apply the Security Deposit against any License Fee or other charges You owe under this License.