Charging of License Fee Sample Clauses

Charging of License Fee. The licensee shall pay the quoted Annual License Fee for advertisement rights on DMRC trains on Line-8 of DMRC network & wrapping of trains of Line-8, subject to maximum of 10% of total train coaches and subject to maximum of 20% of total train sets under operational holding of any make & configuration on Line-8 as mentioned in Annexure-I, amounting to Rs. XXXX (as per the quoted rate) to DMRC plus GST as applicable, payable for a period of 12 months. The license fee shall be payable in advance on quarterly basis to DMRC, by the last working day of previous running quarter, calculated on the basis of the quoted Annual License Fee. The license fee shall commence immediately after expiry of the fitment period of 30 days i.e. from the 31st day from the date of first handing over of the first lot of trains for advertisement or date of deemed handing over, whichever is earlier. The quoted Annual License Fee shall be escalated & increased by 20% on completion of every three (3) years of the license period on compounding basis. The maintenance of the digital panels being used by the licensee shall be done by DMRC at the cost of licensee, the lump sum cost of which has been included in the maintenance / service charges provided in the tender document i.e. Rs. 3.00 lakh per depot per quarter plus GST, to be increase and escalated @ 20% after completion of every 3 years of license period on compounding basis. The Exclusive Advertisement Rights of Delhi Metro Trains shall be granted for trains under operation at line- 8 after issue of Letter of Acceptance and handing over of trains by DMRC.
Sample 1
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Charging of License Fee a. The licensee shall pay the quoted Annual License Fee for wrapping of trains of Reach-1 and/or Reach-3 of Maha-Metro network.
Sample 1Sample 2
Charging of License Fee a) The Licensee shall pay the quoted Licensee Fee for the advertisement rights on DMRC trains on Line-8 of DMRC network and wrapping of trains of Line-8, subject to maximum of 10% of total train coaches & subject to maximum of 20% of total train sets under operational holding of any make & configuration on Line-8 as mentioned in Annexure-I, amounting to Rs. XXX (as per the quoted rate) to DMRC plus GST as applicable for a period of 12 months. The License Fee shall be payable in advance on quarterly basis to DMRC, by the last working day of the previously running quarter, calculated on the basis of the quoted annual license fee. The maintenance of the digital panels being used by the licensee shall be done by DMRC at the cost of licensee, the lump sum cost of which has been included in the maintenance / service charges provided in the tender document i.e. Rs.
Sample 1
Charging of License Fee a. The Licensee shall pay the quoted Licensee Fee for the advertising rights on DMRC trains on Line-8 of DMRC network and exterior wrapping of trains of Line- 8, subject to maximum of 10% of total train coaches & subject to maximum of 20% of total train sets under operational holding of any make & configuration on Line-8 as mentioned in Annexure-1, amounting to Rs. XXX (as per the quoted rate) to DMRC plus GST as applicable for a period of 12 months. The License Fee shall be payable in advance on quarterly basis to DMRC, by the last working day of the previously running quarter, calculated on the basis of the quoted annual license fee.
Sample 1
Charging of License Fee a. The licensee shall pay the quoted Annual License Fee for wrapping of trains of Orange line and/or Aqua line of Maha-Metro network.
Sample 1
Charging of License Fee a.) License fee shall be charged on actual super area handed over to the successful bidder subject to minimum chargeable area of 04 sqm for each ATM site. The aforesaid license fee shall be charged in advance on Half Yearly basis. The applicable Goods & Service Tax (GST) shall also be payable extra as applicable from time to time, along with the license fee. The license fee (advance), for the subsequent half years, shall be payable by the last working day of the previous running half years.
Sample 1
Charging of License Fee a) The Licensee shall pay the quoted Licensee Fee for the advertisement rights on DMRC trains on Line-8 of DMRC network and wrapping of trains of Line-8, subject to maximum of 10% of total train coaches & subject to maximum of 20% of total train sets under operational holding of any make & configuration on Line-8 as mentioned in Annexure-I, amounting to Rs. XXX (as per the quoted rate) to DMRC plus GST as applicable for a period of 12 months. The License Fee shall be payable in advance on quarterly basis to DMRC, by the last working day of the previously running quarter, calculated on the basis of the quoted annual license fee. The maintenance of the digital panels being used by the licensee shall be done by DMRC at the cost of licensee, the lump sum cost of which has been included in the maintenance / service charges provided in the tender document i.e. Rs. 3.00 lakh per depot per quarter plus GST, to be increase and escalated @ 20% after completion of every 3 years of license period on compounding basis. The quoted annual license fee shall be escalated and increased by 20% on completion of every 3 (Three) years of the License Period on compounding basis.
Sample 1
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Related to Charging of License Fee

  • PAYMENT OF LICENCE FEE 4.1 In consideration for the Licence Granted to the Licensee, the Licensee must pay to SAMRO an annual Licence Fee calculated in accordance with the SAMRO Tariff RT, as amended from time to time (“Licence Fee”).

  • License Fee The Licensee to shall make payment of the License Fee to Licensor on the date of this Agreement. All rights granted to Licensee by Producer in the Beat are conditional upon Licensee’s timely payment of the License Fee. The License Fee is a one-time payment for the rights granted to Licensee and this Agreement is not valid until the License Fee has been paid.

  • License Fees If so provided in the Prospectus, the Depositor may enter into a Licensing Agreement (the "Agreement") with a licensor (the "Licensor") described in the Prospectus in which the Trust(s), as consideration for the licenses granted by the Licensor for the right to use its trademarks and trade names, intellectual property rights or for the use of databases and research owned by the Licensor, will pay a fee set forth in the Agreement to the applicable Licensor or the Depositor to reimburse the Depositor for payment of the expenses. If the Agreement provides for an annual license fee computed in whole or part by reference to the average daily net asset value of the Trust assets, for purpose of calculating the accrual of estimated expenses such annual fee shall accrue at a daily rate and the Trustee is authorized to compute an estimated license fee payment (i) until the Depositor has informed the Trustee that there will be no further deposits of additional Securities, by reference to an estimate of the average daily net asset value of the Trust assets which the Depositor shall provide the Trustee, (ii) thereafter and during the calendar quarter in which the last business day of the period described in clause (i) occurs, by reference to the net asset value of the Trust assets as of such last business day, and (iii) during each subsequent calendar quarter, by reference to the net asset value of the Trust assets as of the last business day of the preceding calendar quarter. The Trustee shall adjust the net asset value (Trust Fund Evaluation) as of the dates specified in the preceding sentence to account for any variation between accrual of estimated license fee and the license fee payable pursuant to the Agreement, but such adjustment shall not affect calculations made prior thereto and no adjustment shall be made in respect thereof.

  • License Maintenance Fee Beginning and each thereafter, ***** will pay Stanford a yearly license maintenance fee of $ . Yearly maintenance payments are nonrefundable.

  • License Fees and Royalties Consistent with the applicable U.S. DOT Common Rules, the Recipient agrees that license fees and royalties for patents, patent applications, and inventions produced with federal assistance provided through the Underlying Agreement are program income, and must be used in compliance with federal applicable requirements.

  • Licence Fees 4.1 In consideration of the licences and authorisations granted under this Agreement, the Licensee will pay to ICE the Licence Fees for the Term in advance, in Euro.

  • Sublicense Fees Licensee will pay Sublicense Fees indicated in Section 3.1(e) of the Patent & Technology License Agreement on or before the Quarterly Payment Deadline for the Contract Quarter.

  • License Maintenance Fees COMPANY shall pay to M.I.T. the following license maintenance fees on the dates set forth below: [January 1, year] [dollar amount] [January 1, year] [dollar amount] [and each January 1 of every year thereafter] [dollar amount] This annual license maintenance fee is nonrefundable; however, the license maintenance fee may be credited to running royalties subsequently due on NET SALES earned during the same calendar year, if any. License maintenance fees paid in excess of running royalties due in such calendar year shall not be creditable to amounts due for future years.

  • Administrative Support Service Fees Within forty-five (45) days of the end of each calendar quarter, the Fund will make payments in the aggregate amount of 0.0625% (0.25% on an annual basis) of the average during that calendar quarter of the aggregate net asset value of the Shares computed as of the close of each business day (the "Service Fee"). Such Service Fee payments received from the Fund will compensate the Distributor for providing administrative support services with respect to Accounts. The administrative support services in connection with Accounts may include, but shall not be limited to, the administrative support services that a Recipient may render as described in Section 3(b)(i) below.

  • AUDIT OF LICENSED PRODUCT USAGE Contractor shall have the right to periodically audit, no more than annually, at Contractor’s expense, use of licensed Product at any site where a copy of the Product resides provided that: (i) Contractor gives Licensee(s) at least thirty (30) days advance written notice, (ii) such audit is conducted during such party’s normal business hours, (iii) the audit is conducted by an independent auditor chosen on mutual agreement of the parties. Contractor shall recommend a minimum of three (3) auditing/accounting firms from which the Licensee will select one (1). In no case shall the Business Software Alliance (BSA), Software Publishers Association (SPA), Software and Industry Information Association (SIIA) or Federation Against Software Theft (FAST) be used directly or indirectly to conduct audits, or be recommended by Contractor; (iv) Contractor and Licensee are each entitled to designate a representative who shall be entitled to participate, and who shall mutually agree on audit format, and simultaneously review all information obtained by the audit. Such representatives also shall be entitled to copies of all reports, data or information obtained from the audit; and (v) if the audit shows that such party is not in compliance, Licensee shall be required to purchase additional licenses or capacities necessary to bring it into compliance and shall pay for the unlicensed capacity at the NYS Net Price in effect at time of audit, or if none, then at the Contractor’s U.S. Commercial list price. Once such additional licenses or capacities are purchased, Licensee shall be deemed to have been in compliance retroactively, and Licensee shall have no further liability of any kind for the unauthorized use of the software.

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