Common use of Payment of Royalty Clause in Contracts

Payment of Royalty. Client will pay to Yanbor a royalty which shall be calculated as follows: Term “licensed period” means the period of one year started when the Agreement is signed or renews. The first license period starts on the end day of trial if Agreement is signed and the first payment was received by Yanbor. $18,000 shall be paid when the Agreement is signed and renews for the next licensed period and $1,000 shall be paid for each installment of OUReports by Client or Client customers for each instance of database/namespace during licensed period. With each royalty payment, Client will submit to Yanbor the written report that sets forth the calculation of the amount of the royalty payment.

Payment of Royalty. Client will pay to Yanbor a royalty which shall be calculated as follows: Term “licensed period” means the period of one year started when the Agreement is signed or renews. The first license period starts on the end day of trial if the Agreement is signed and the first payment was received by Yanborsigned. $18,000 0 shall be paid when the Agreement is signed and renews for the next licensed period and $1,000 shall be paid for each installment of OUReports by Client or Client customers for each instance of Client database/namespace during licensed period. With each royalty payment, Client will submit to Yanbor Xxxxxx the written report that sets forth the calculation of the amount of the royalty payment.

Payment of Royalty. Client will pay to Yanbor a royalty which shall be calculated as follows: Term “licensed period” means the period of one year started when the Agreement is signed or renews. The first license period starts on the end day of trial if Agreement is signed and the first payment was received by Yanbor. $18,000 30,000 shall be paid when the Agreement is signed and renews for the next licensed period and $1,000 10,000 shall be paid for each installment renewal of OUReports by Client or Client customers Service for each additional instance of the Client database/namespace during licensed period. With each royalty payment, Client will submit to Yanbor the written report that sets forth the calculation of the amount of the royalty payment.

Payment of Royalty. Client will pay to Yanbor a royalty which shall be calculated as follows: Term “licensed period” means the period of one year started when the Agreement is signed or renews. The first license period starts on the end day of trial if Agreement is signed and the first payment was received by YanborXxxxxx. $18,000 shall be paid when the Agreement is signed and renews for the next licensed period and $1,000 shall be paid for each installment of OUReports by Client or Client customers for each instance of database/namespace during licensed period. With each royalty payment, Client will submit to Yanbor Xxxxxx the written report that sets forth the calculation of the amount of the royalty payment.

Payment of Royalty. Client will pay to Yanbor a royalty which shall be calculated as follows: Term “licensed period” means the period of one year started when the Agreement is signed or renews. The first license period starts on the end day of trial if Agreement is signed and the first payment was received by YanborXxxxxx. $18,000 30,000 shall be paid when the Agreement is signed and renews for the next licensed period and $1,000 10,000 shall be paid for each installment renewal of OUReports by Client or Client customers Service for each additional instance of the Client database/namespace during licensed period. With each royalty payment, Client will submit to Yanbor the written report that sets forth the calculation of the amount of the royalty payment.