Examples of License Fees in a sentence
The charges for utilization of water shall be payable by licensee to Maha-Metro in addition to the Fixed Fees and Annual License Fees and shall be in accordance with terms & conditions of the agreement.
The aforesaid Annual License Fees shall be paid in two instalments and shall be due on 1st April and 1st October of each calendar year.
Licensee grants to Xxxxx an irrevocable right to offset unpaid License Fees or taxes owed by Licensee with any and all fees collected by Xxxxx remittable to Licensee.
Any delay in payments of License Fees shall attract interest @ SBI base rate plus 3% or 15% per annum, whichever is higher, on the amount outstanding (calculated on a per day basis for a maximum period of 90 days), till the time the respective payments have been received by Maha- Metro.
This penalty shall be in addition to License Fees & other taxes payable to Maha-Metro.