Consideration Fee Clause Samples
A Consideration Fee clause establishes the payment that one party provides to another as compensation for entering into an agreement or for a specific contractual right. Typically, this fee is paid upfront or at a designated milestone, and it may be non-refundable regardless of whether the broader transaction is completed. The core function of this clause is to formalize the value exchanged for contractual commitments, ensuring both parties are bound by a tangible incentive and clarifying the financial terms of the arrangement.
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Consideration Fee. In return for the rights and benefits provided to Skye in this Agreement, Skye shall pay EHBE [****] of any and all licensing revenue or other consideration paid to Skye by a third-party licensee, assignee or purchaser (including, but not limited to, sales revenue, up-front and milestone payments, sublicensing fees, and royalties) related to Skye Intellectual Property after making reductions, if any, for licensing fees paid by Skye to a third party because of patent stacking. If Skye enters a Change of Control transaction, the Agreement will automatically terminate and Skye will pay EHBE a fee equal to [****]% of the fair value of the Skye IP created under the Agreement as determined by an experienced and independent valuator (which must be agreed to by the Parties) taking into consideration, among other things, the future royalties that may be produced by the Skye IP, concurrent with the closing of the Change of Control transaction.
Consideration Fee. As consideration for the air time made available during the term hereof Programmer shall make payments as set forth in Exhibit 1.4
Consideration Fee. In consideration of Landlord's agreement to sublease the Sublet Premises to Tenant, Tenant shall, within ten (10) days after Landlord has vacated the Sublet Premises, pay to Landlord a fee ("Consideration Fee") of One Hundred Twenty-Five Thousand and 00/100 ($125,000.00) Dollars.
Consideration Fee. 3.1 Upon execution of this Agreement, the Licensee shall, as reimbursement for the rights granted in this Agreement, pay to the Railroad a License fee of Seven Hundred U.S. Dollars ($700.00) per year (or fractional part thereof in case of termination hereof or removal of said Facilities prior to the end of any year) payable yearly in advance (the "Licensee Fee") plus any additional state, county or local sales tax, where applicable.
3.2 The Annual License Fee provided in Section 3.1 shall, on an annual basis, be adjusted by the same percentage increase as reflected in the "Consumer Price Index - Urban Wage Earners and Clerical Workers (1967=100)" as compiled by the Bureau of Labor Statistics of the United States Department of Labor, hereinafter referred to as "Index". In no event, however, shall the Annual License Fee be less than that stipulated in Section 3.1. The adjustment of the Annual License Fee shall be determined as follows: Base Index = Index for the full calendar month of the effective date of this Agreement. Current Index = Index for the fourth month preceding the effective date of the adjustment. Adjusted License Fee = Current Index divided by Base Index then multiplied by the Annual License Fee stipulated in Section 3.1. In the event the Index is no longer published, a Successor Index, or one mutually agreed upon by the parties will be utilized to determine the adjustment in the Annual License Fee. Railroad reserves the right to periodically review and adjust the License Fee every 5 years.
Consideration Fee