Examples of Suite Fee in a sentence
Subject to clause 14, Forty Seven will pay the Suite Fee to Lonza for the Term of this Agreement.
The Suite Fee shall be payable in [*] instalments each year, with the first payment due on [*] and the second payment due on [*] and thereafter payable [*] during the Term.
In addition to the Suite Fee and Batch fees in accordance with Clause 8.1, and he prices payable under Clause 8.2, Forty Seven shall pay for all Raw Materials, Resins, Safety Stock and the Raw materials Fee.
If Lonza is able to sell all or any part of such excess Assigned Capacity to a Third Party, Lonza shall refund to Forty Seven [*] the Suite Fee for such year with respect to each manufacturing slot Lonza is able to sell to a Third Party.
Except as set forth under this agreement, the Suite Fee is payable in full regardless of utilization by Forty Seven and the Suite Fee shall not be reduced or refunded if Forty Seven does not make full use of the Assigned Capacity.
If Lonza is able to sell all or any part of such excess Assigned Capacity to a Third Party for a new project, Lonza shall refund to Forty Seven [*] the Suite Fee for such year with respect to each manufacturing slot Lonza is able to sell to a Third Party.
In the event that the Suite Fee is not paid at such times and in such amounts as set forth above, then Licensee acknowledges and agrees that use and possession of the Suite shall be subject to the Default provisions of Section 4.2 hereof.
However, if Owner is unable to relocate Licensee to another executive suite at the Stadium, then, the Suite Fee payable hereunder shall be abated during the period of time that the Suite is unusable.
The use and possession of the Suite shall be contingent upon payment to Owner of the fee (the "Suite Fee") for each Contract Year at the times set forth herein and in the amounts set forth in Paragraph B, plus any sales, use, property or other governmental taxes due with respect to Licensee's use of the Suite or imposed upon the payment of the Suite Fee (except for any federal, state or local income, franchise or similar tax imposed upon Owner).
Except as set forth under this Agreement, the Suite Fee is payable in full regardless of utilization by Forty Seven and the Suite Fee shall not be reduced or refunded if Forty Seven does not make full use of the Assigned Capacity.