Examples of License Purchase Price in a sentence
Up-Front Payment: the portion of the purchase price allocated to the License Purchase Price which is being paid as consideration for the licenses granted to Constellation Beers as of the date hereof pursuant to the License Agreement.
A value shall be separately allocated to it for the purposes of the Liquor Escrow at Closing and, collectively with the Liquor License Purchase Price, shall constitute the “Liquor Purchase Price”.
If (i) the ABC disapproves the transfer of the Liquor License to Purchaser or (ii) Purchaser purchases the Hotel pursuant to this Agreement but the Liquor Escrow does not close by the expiration of eight (8) calendar months from the Closing Date, then, in either case, the Liquor Escrow shall terminate and the Liquor License Purchase Price shall be released to Seller.
Licensor’s entire liability and Licensee’s exclusive remedy under Section 7(a)(ii) shall be, at Licensor’s option, either: (i) to retain the entire License Purchase Price and authorize the release of the Escrow Materials under Section 4(e) of this Agreement, or (ii) to repair or replace that portion of the Software that does not meet this limited warranty.
Each Debt Holder shall have delivered to the Company the purchase price for such Debt Holder’s applicable securities in the amount set forth opposite such Debt Holder’s name on the Schedule of Debt Holders and LoJack shall have delivered the LoJack Cash Purchase Price and the LoJack License Purchase Price for LoJack’s Series A Preferred, Series A-1 Preferred and Common Warrants.
Licensee also agrees to pay Licensor all reasonable costs and expenses of collection of overdue License Purchase Price payments, including attorneys’ fees.
At the Closing, Vidor and Newco each shall wire transfer its respective portion of the License Purchase Price in the manner and to the account of the Company specified in Section 2.3.
The Retained License Purchase Price shall be paid by Purchaser to Seller at the Retained License Closing, subject to adjustment pursuant to the Transition Services Agreement.
The Liquor License Purchase Price shall be invested by the Liquor Escrow Holder in a federally insured interest bearing account with any interest accruing thereon to be paid to the party entitled to such funds.
In consideration for the licenses and rights granted to Licensee under this Agreement, Licensee shall pay to Licensor the License Purchase Price in the manner and amounts set forth Exhibit B, which payments will be nonrefundable and irrevocable except as otherwise expressly provided herein.