Examples of subscription payments in a sentence
The PatentBook Administrator shall calculate and pay Net Subscription Payments to the Publisher (Licensor) on a Quarterly basis.
In the event that any patent is removed from the PatentBook under Section 3.9 or the license under any patent is terminated as provided in Section 3.10, the calculation of the Publisher Share of Subscription Payments shall exclude such Patent(s) in any Quarter in which the patent was removed or license terminated.
To prevent the receipt by Publisher(s) of excess Subscription Payments, the PatentBook Administrator shall deduct from that portion of the Publisher Share that otherwise would be payable to Publisher (Licensor) an amount reasonably determined by the PatentBook Administrator to be attributable to patents that are the subject of a Bilateral Agreement.
The PatentBook Administrator shall have the sole and absolute authority and discretion to establish and to revise, from time to time, the amount and rate of the Subscription Payments.
In addition to collection of Subscription Payments, the PatentBook Administrator shall have sole authority, consistent with its obligation to use commercially reasonable efforts, to assure that each Subscriber is materially complying with the terms and conditions of the applicable PatentBook Subscriber Agreement.