Fees on Articles Sample Clauses

Fees on Articles. TECHNOLOGY LICENSEE shall pay to TECHNOLOGY LICENSOR a fee on each article in a class hereinafter specified in this Section 2.02, and on each maintenance part therefor, which is an ITEM SUBJECT TO FEE. Such fee shall be determined by applying the rate which is hereinafter specified in this Section 2.02 for such class of articles to the FAIR MARKET VALUE of such article or maintenance part. Articles Rates (in %) Class (2)
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Fees on Articles. (a) In addition to the fees specified in Section 2.01, LICENSEE shall pay to LUCENT a fee on ITEMS SUBJECT TO FEE. Such fee shall be equal to a percentage of the FAIR MARKET VALUE of ITEMS SUBJECT TO FEE, as specified below: 5% of the initial $5 Million of FAIR MARKET VALUE of ITEMS SUBJECT TO FEE in each successive twelve month period beginning with the twelve month period starting July 1, 1997, and 8% of all FAIR MARKET VALUE of ITEMS SUBJECT TO FEE in excess of $5 Million in each successive twelve month period beginning with the twelve month period starting July 1, 1997. Upon the expiration of LUCENT's PATENTS, and upon LICENSEE's request, LUCENT shall consider renegotiating the rates set out in this Section 2.02(a).
Sample 1

Related to Fees on Articles

  • Heavy Articles To approve the weight, size, placement and time and manner of movement within the Building of any safe, central filing system or other heavy article of Tenant's property. Tenant shall move its property entirely at its own risk.

  • Articles a. Additional Terms and Conditions, Section Term of Contract, of the ORIGINAL CONTRACT is amended to read in its entirety as follows:

  • Titles of Articles, Sections and Subsections All titles or headings to articles, sections, subsections or other divisions of this Agreement and the other Loan Documents or the exhibits hereto and thereto are only for the convenience of the parties and shall not be construed to have any effect or meaning with respect to the other content of such articles, sections, subsections or other divisions, such other content being controlling as to the agreement between the parties hereto.

  • Captions; Articles and Sections The captions contained in this Agreement are for reference purposes only and are not part of this Agreement. Unless otherwise indicated, all references to particular Articles or Sections shall mean and refer to the referenced Articles and Sections of this Agreement.

  • Organization and Standing; Articles and Bylaws The Company is and will be a corporation duly organized, validly existing, and in good standing under the laws of the State of Nevada and will have all requisite corporate power and authority to carry on its business as proposed to be conducted. The Company is duly qualified to do business in each jurisdiction where the nature of its business or its ownership or leasing of its properties makes such qualification necessary.

  • Gender, Parts, Articles and Sections Whenever the context requires, the gender of all words used in this Agreement shall include the masculine, feminine and neuter, and the number of all words shall include the singular and plural. All references to Article numbers and Section numbers refer to Articles and Sections of this Agreement.

  • Amendment to Article V Article V of the Credit Agreement is hereby amended by inserting the following as a new Section 5.21:

  • Amendment to Article VII Article VII of the Existing Credit Agreement is hereby amended to add a new Section 7.14 which shall read as follows:

  • Amendment to Article I Article I of the Credit Agreement is hereby amended by:

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