Licence Fees Sample Clauses
The Licence Fees clause defines the payment obligations of the licensee for the use of licensed materials, technology, or intellectual property. It typically outlines the amount, frequency, and method of payment, and may specify whether fees are fixed, recurring, or based on usage. This clause ensures that the licensor is compensated for granting rights and provides clear terms to prevent disputes over payment expectations.
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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.
4.2 The Licence Fees shall be payable online by debit/credit card via ICE’s designated payment provider, Stripe Payments Europe Ltd and its affiliates (please see ICE’s Privacy Policy for further information). For the avoidance of doubt, this Agreement shall not come into force until the Licensee has paid the Licence Fees.
4.3 The Licence Fees are non-refundable and recoupable against the usage limit(s) and revenue cap(s) set out in the Cover Sheet during the Term. For the purposes of calculating recoupment, each Stream / Download / Subscriber Month on a Licensed Service in a Tier 2 country will count as 0.5, while each Stream / Download / Subscriber Month in a Tier 1 country will count as 1.
4.4 Where it is necessary for the Licensee to exchange the currency of an amount into Euro for the purpose of the revenue cap(s) in the Cover Sheet or the sum set out in clause 4.8, the exchange rate used will be the average exchange rate for the Term as published in the European Central Bank Monthly statistics bulletin.
4.5 The Licensee may at any time during the Term purchase a licence for additional Licensed Services online via ICE’s website. The licence for the additional Licensed Services purchased shall commence once the Licence Fees have been paid for such additional Licensed Services.
4.6 The Licensee shall notify ICE immediately if the maximum usage limits in Band 16 in any one Licensed Service are exceeded. If the maximum usage limits are exceeded, this Agreement shall terminate, and the Licensee shall contact ICE to discuss the appropriate licence applicable to the Licensee.
4.7 The Licensee shall notify ICE immediately (by email to ▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) if the Licensee’s usage of any of the Licensed Services exceeds the limits stated in the Cover Sheet, so that the amount the Licensee pays as Licence Fees may be adjusted accordingly.
4.8 The Licensee shall notify ICE if the Gross Revenue from the Licensed Service(s) exceeds the sum of EUR 500,000 (or such other threshold sum for the ICE Direct Licence scheme as may be published on ICE’s website (▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) from time to time at the Rights Holders’ and ICE’s discretion) (excluding the applicable Sales Tax) per annum. In such circumstances, this Agreement shall terminate, and the Licensee shall contact ICE to discuss the appropriat...
Licence Fees. 5.1. The Licensee shall pay to the Licensor the licence fee in Annexure 4 in accordance with the provisions of Annexure 4.
Licence Fees. The fees payable in respect of this Licence for any given period are set out in the Licensing & Data section of ICE’s website at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇.▇▇▇/iba/licensing or as otherwise notified to the Customer by ICE from time to time. Fees are payable annually in advance within 30 days of the date on which this licence is effective and thereafter on the 1st January (or next Business Day) of every year of the Term of this Agreement. This Licence is to be effective on . ICE Benchmark Administration Limited (“ICE”) By: Name: Title: Date: (“the Customer”) By: Name: Title: Date: This is Schedule C to the Master Licence Agreement dated as of (“the Agreement”), made by and between ICE Benchmark Administration Limited of ▇▇▇▇▇▇ Gate, ▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇ (“ICE”) and (“the Customer”) with an office at . All defined terms used in this Schedule shall have the same meaning as in the Agreement, other than:
Licence Fees. 4.1 The Academic Licence is free when limited to 1 computer and 1 simultaneous usage.
4.2 The Trial Licence is free.
4.3 Subject to articles 4.1 and 4.2, ithe Client shall pay to the Licensor the Licence Fees in consideration of the Licence granted by the Licensor.
Licence Fees. The NFB agrees to obtain and pay, prior to each engagement of members of the AFM, all and any licences and fees required to be obtained from or to be paid to the Society of Composers, Authors and Music Publishers of Canada (SOCAN) or any other person, firm or corporation legally entitled to require licensing and/or payment of fees for the use of music with respect thereto and indemnify and save harmless the members of the AFM and their representatives of and from any and all claims now or hereafter made against them or any one or more of them with respect to each engagement.
Licence Fees. 4.1 In consideration of the Licences granted by the Licensors, the Licensee shall pay to the Licensors:
(a) the Advance; and
(b) subject to clause 4.2, the Royalty Fee.
4.2 The Advance is recoupable against the Royalty Fee, but is non-returnable. For the avoidance of doubt, in the event that, throughout the Term, the total Royalty Fees paid by the Licensee to the Licensors is less than the Advance, no part of the Advance shall be repayable to the Licensee by the Licensors.
4.3 Where, in relation to any particular Quarter, the Licensee fails to provide the information necessary to allow the calculation referred to in clause 4.1(b), then the Licensors shall be entitled to fix the Royalty Fee based on (a) the Royalty Fees payable in previous Quarters and (b) any other relevant factors which could reasonably lead the Licensors to believe that the Royalty Fees payable would be materially different to those paid or payable in previous Quarters.
4.4 The licence fees referred to in clause 4.1 are subject to VAT. The Licensee shall pay to the Licensors VAT (if applicable) at the rate or rates from time to time in force on any sums payable under this Agreement.
4.5 In respect of delivery of content via Physical Media the Royalty Fee is:
(a) for a Background Service, 6% of the Applicable Revenue or a minimum royalty of £2.00 per Site per month, whichever is greater; and/or
(b) for an On-Demand Service, 6% of the Applicable Revenue or a minimum royalty of £2.50 per Site per month, whichever is greater; and/or
(c) for a Karaoke Service, 9.5% of the Applicable Revenue or a minimum royalty of £2.50 per Site per month, whichever is greater. In respect of delivery of content via Electronic Means the Royalty Fee is:
(a) for a Background Service, 7% of the Applicable Revenue or a minimum royalty of £2.50 per Site per month, whichever is greater; and/or
(b) for an On-Demand Service, 8% of the Applicable Revenue or a minimum royalty of £3.50 per Site per month, whichever is greater; and/or
(c) for a Karaoke Service, 10.5% of the Applicable Revenue or a minimum royalty of £3.50 per Site per month, whichever is greater. For the purposes of this Agreement the number of Sites per month will be the highest number of Sites at any time during the calendar month.
Licence Fees. 2.1 The Licensee shall pay to the Licensor the Licence Fees as set out in this Clause 2 for the Licence Period and such Licence Fees shall include:
(a) water and sewerage charges, internet and gas (where applicable).
(b) where a Room is let, a fair and reasonable proportion as determined by the Licensor of the electricity charges incurred by the Apartment (“the Licensee’s Share”) up to the value of €300 (or pro rata for a Licence Period of less than one academic year).
(c) Where a Studio is let, the electricity charges for the Studio up to the value of €300 (or pro rata for a Licence Period of less than one academic year).
2.2 An initial payment of €300 is payable on the signing of this Licence and this will be deducted from the total payment of the Licence Fees (as appropriate) due in accordance with Clause 2.3 and:
(a) where a Room is let, if the Licensee’s share of the electricity charges during the Licence exceeds €300 (or such lesser amount pro rata where the term is less than one academic year) to pay to the Licensor a fair and reasonable proportion as determined by the Licensor of all further electricity charges incurred by the Apartment upon receiving a written demand from the Licensor; or
(b) Where a Studio is let, if the electricity charges during the Licence exceed €300 (or such lesser amount pro rata where the licence period is less than one academic year) to pay to the Licensor all further electricity charges incurred by the Studio upon receiving a written demand from the Licensor.
2.3 The Licence Fees as set out in this Clause 2.3 below are payable:
2.3.1 in advance, (provided that a guarantor as identified in any guarantor agreement to be entered into (the “Guarantor”) is an Irish resident) either in one lump sum payable on the 1st of July 2018 or by two instalments, payable as follows: the first is payable on 1st August 2019, and the second is payable on 14th January 2020, provided further that if such first instalment is not paid on the date that it falls due, then the remaining instalment(s) shall be payable forthwith; or further provided that a Guarantor will be required for all Licensees under the age of 18); or
2.3.2 if the Licensee has no Guarantor resident in the Republic of Ireland by one lump sum due by 1st July 2019; or
2.3.3 (provided that the Licensee signs up to a landlord approved third party guarantor service) by monthly instalments due on the 1st of each month payable in advance commencing on 1st August 2019.
2.4 The License...
Licence Fees. An annual licence fee @6% of Adjusted Gross Revenue (AGR) as defined in Condition 18 , subject to minimum of Rs.50,000/- (Rupees Fifty Thousand Only) and Rs.10,000/- (Rupees Ten Thousand Only) shall be payable for category ‘A’ & ‘B’ service areas respectively per annum per licenced service area.
Licence Fees. The level of licence fee to be paid was determined by the Authority in 2012 based on its estimated annual cost of administering the licensing system at that time. An annual fee of €1,000 is payable by Property Service Employers and an annual fee of €100 is payable by Employees.
Licence Fees. 4.1 The Applicant must calculate and pay the Licence Fee to APRA AMCOS on submission of the Application;
4.2 APRA AMCOS must issue a tax invoice to the Applicant for Licence Fees payable within 14 days of receipt of the licence application.
4.3 The Licensee must pay any amount owing under a tax invoice issued under this agreement, within 14 days after the date of the tax invoice.
4.4 APRA AMCOS must account to ARIA for its share of the Licence Fee as agreed between APRA AMCOS and ARIA.