Prepaid License Fee definition

Prepaid License Fee means a non-refundable prepaid license fee specified in Exhibit B of the Agreement.
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Prepaid License Fee shall have the meaning as set forth in Section 2.3 of this Agreement.
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Prepaid License Fee means the amount to be paid to IMNET pursuant to Section 4.1 hereof.
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Examples of Prepaid License Fee in a sentence

  • Except for the Prepaid License Fee, the fees payable in accordance with Section 3.1.2 hereof and a fee payable under the license described in Exhibit D hereto, no license fee under this Agreement shall be payable by either IRE or CyberGuard with respect to CyberGuard Products or IRE/SafeNet Products incorporated into the Product for sale in accordance with this Agreement.

  • CyberGuard acknowledges that IRE, on the Effective Date, has paid to CyberGuard a prepaid license fee in the amount of $1 million ("Prepaid License Fee").

  • License Fees" shall mean the Prepaid License Fee and all amounts payable by Licensee in accordance with Section 4.2 hereof.

  • The Prepaid License Fee shall represent a prepayment of the amounts that will become due under Section 3.1.2 hereof, and shall be credited to the account of IRE on a dollar-for-dollar basis against such amounts that otherwise would become due to CyberGuard under Section 3.1.2 hereof.

  • In the event the actual total cost of Development Supplies utilized to achieve a Completed Test is less than the Development Supplies Commitment (such difference “Development Supplies Savings”), then as appropriate either (i) the Prepaid License Fee shall be reduced by an amount equal to one-half of the Development Supplies Savings or (ii) if D-R has previously paid the Prepaid License Fee in full, E-C shall pay to D-R a cash amount equal to one-half of the Development Supplies Savings.

  • In addition to the Prepaid License Fee, IMNET shall be entitled to receive a License Fee on each Unit sold by Licensee, during the Term of this Agreement, beginning with the 251st Unit sold.

  • For avoidance of doubt, D-R has no intention of providing funding in any form or at any time to E-C, whether it be for equity, debt, or any other type of advance, beyond the Prepaid License Fee, pursuant to Section 5.1, and D-R Purchase Orders, pursuant to Sections 9.1 through 9.4.

  • On a longer term basis, the Company maintains a strategy of investing in various lending products and mortgage-related securities.

  • Following the payment of the Exclusivity Extension Prepayment and the resulting extension of the AI Exclusive Period in one or more of the Areas of Interest, Ivanhoe will have the option of extending the AI Exclusive Period for another year for such one or more Areas of Interest by prepaying 10% of the Prepaid License Fee on a 10,000 barrel per day plant with $500/daily bbl of capacity (i.e., $500,000 for each Area of Interest) at the end of the extended AI Exclusive Period.

  • Throughout the term of this Agreement, Licensee shall provide quarterly reports (by the 30th of the month following the end of the calendar quarter for which the report is prepared) to IMNET, specifying the number of Units sold and a computation and payment of any License Fees (or credits against the Prepaid License Fee) then due to IMNET.


More Definitions of Prepaid License Fee

Prepaid License Fee has the meaning of that term provided in Section 2(f) of this Agreement.
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Prepaid License Fee shall have the meaning set forth in Section 4.1.1 hereof.
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Related to Prepaid License Fee

  • Sublicense Fees shall have the meaning set forth in Section 7.3 below.

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.

  • License Fees means the license fees, including all taxes thereon, paid or required to be paid by Licensee for the license granted under this Agreement.

  • CREFC® Intellectual Property Royalty License Fee Rate With respect to each Mortgage Loan, a rate equal to 0.0005% per annum.

  • CREFC® Intellectual Property Royalty License Fee With respect to each Mortgage Loan (including any REO Mortgage Loan) and for any Distribution Date, the amount accrued during the related Interest Accrual Period at the CREFC® Intellectual Property Royalty License Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the CREFC® Intellectual Property Royalty License Fee shall be payable from the Lower-Tier REMIC.

  • Sublicense Revenues means [***].

  • Sublicense Revenue means [***].

  • Inbound Licenses means, collectively, any Contract (including covenants not to xxx) or other permission pursuant to which Seller is authorized or otherwise permitted to access or exploit any other Person’s IP, or any Contract pursuant to which Seller obtains a right to access or exploit a Person’s IP in the form of commercially available object code software or services, such as a software as a services Contract or a cloud services Contract.

  • Licence Fees means the fees payable by you under this Agreement to us excluding VAT and all other relevant taxes, where applicable, as detailed by us from time to time including through our website, as part of a written quotation or renewal;

  • Sublicense Income means any payments that Company receives from a Sublicensee in consideration of the sublicense of the rights granted Company under Section 2.1., including without limitation license fees, royalties, milestone payments, and license maintenance fees, but excluding the following payments: (a) payments made in consideration for the issuance of equity or debt securities of Company at fair market value, and (b) payments specifically committed to the development of Licensed Products.

  • Excluded License means an open source or other software license that requires, as a condition of license, use, modification, distribution or conveyance, that (a) the code be disclosed or distributed in source code form; (b) others have the right to modify or create derivative works of it; and/or (c) the code becomes redistributable at no charge.

  • Third Party Royalties means royalties payable by either Party to a Third Party in connection with the manufacture, use or sale of Franchise Products.

  • Royalty Fee means a royalty fee in the amount of $0.00 of Actual Production payable by BC Hydro to the Province for each year of the Term in accordance with Article 6 of the Master Agreement.

  • License Type means the identification of whether the license for a Software Product is for a Perpetual Term or Subscription Term as specified in the Quote.

  • Sublicensing Revenue means all (i) cash, (ii) sublicensing fees and (iii) all other payments and the cash equivalent thereof, which are paid to LICENSEE by the Sublicensees of its rights hereunder, but excluding the following payments:

  • End User License Agreement means a license grant or end user license agreement governing software as further described in this Agreement or any applicable Appendix.

  • Software License Agreement means the Motorola Software License Agreement (Exhibit A).

  • Software License means a license for the Software granted under this XXXX to the Licensee;

  • Royalty Payments has the meaning set forth in Section 7.3.1.

  • Licence Fee : means the fee prescribed by the JCRA under Article 17 of the Telecommunications (Jersey) Law and payable by the Licensee;

  • Royalty Rate means the percentage defined in Exhibit B.

  • Third Party License means licenses from third parties governing third party software embedded or used in the Trading Platform.

  • Affiliated Licensee Assignment The Broker has assigned (Selling Licensee) to work with Purchaser and (Listing Licensee) to work with Seller. Each shall be deemed to act for and represent exclusively the party to whom each has been assigned. Transaction Brokerage Disclosure Seller and Purchaser are aware that if they are not represented by a Broker they are each solely responsible for protecting their own interests. Seller and Purchaser acknowledge that the Broker may perform ministerial acts for either party as a Transaction Broker. Selling Broker’s Initials Purchaser’s Initials: / (or Broker’s Affiliated Licensee)

  • End User License means any license terms imposed by any Third Party Vendor on Customers and End Users. “Force Majeure Event” means an event or occurrence: