Licence Year definition

Licence Year means a period of 12 (twelve) calendar months commencing on the Validity Date or any anniversary of the Validity Date during the subsistence of the Agreement.
Licence Year means the first and each recurring 12 consecutive month period.
Licence Year means every twelve (12) months period commencing initially on the Effective Date, and thereafter on each and every anniversary of the Effective Date;

Examples of Licence Year in a sentence

  • Such audit shall (i) require at least sixty (60) days’ prior written notice to Licensee; and (ii) can take place only once in respect of the audited Licence Year.

  • All licence fees outstanding for over nine (9) calendar months after the end of the relevant Licence Year are subject to late payment interest of ten per cent (10%) per annum, unless delay was caused by Licensor’s failure to provide to Licensee the relevant invoice pursuant to Clause 4.3 of this Tariff Scheme after Licensee had provided the relevant Financial Report pursuant to Clause 4.2 of this Tariff Scheme.

  • Within thirty (30) days of receiving Licensee’s Financial Report, Licensor will provide to Licensee an invoice for the licence fee for that Licence Year, calculated based on the information disclosed in the Financial Report and the tariff rate set out in clause 4.1 (“Licence Fee”).

  • In the event that this Extension Agreement is cancelled by PMLL pursuant to clause 8.2 during the Licence Year all Licensed Copies or Arrangements made under this Extension Agreement must be destroyed and deleted from storage devices immediately.

  • Proven Works may raise an invoice for the licence fees for each subsequent Licence Year up to 90 days prior to the beginning of that Licence Year.


More Definitions of Licence Year

Licence Year means (a) the period commencing on the Effective Date and expiring at the end of the day immediately before the first anniversary of the Effective Date; or (b) the period commencing on an anniversary of the Effective Date and expiring at the end of the day immediately before the next anniversary of the Effective Date.
Licence Year. , in respect of a fishery, means the period of 12 months from the date of expiry of licences in respect of the fishery in one year to the date of expiry of the licences in the next year.
Licence Year means the period of 12 months from 1 October in any year.
Licence Year means the 12 month period commencing 1st January in any given year.
Licence Year means the period commencing 1st July in any relevant year and ending on the following 30th June.
Licence Year means a period of twelve (12) consecutive months within the term of the Licence, beginning on the Effective Date or any anniversary thereof.
Licence Year means the period of 12 months from 1 November in any year. (Transitional provision from Regulation No. 125 of 1993, reg. 7)