Common use of Licence Fees Clause in Contracts

Licence Fees. 3.1 Customer agrees to pay an annual fee for the Licence. The Licence Fee for the first 12 months of the Licence is specified in CCH’s Price List current at the time of acceptance of the Order and is payable in advance (unless CCH and Customer agree to a different amount or time of payment). The Licence Fee payable for succeeding 12 month periods is payable annually in advance within 30 days of invoice by CCH and the amount of the Licence Fee for subsequent 12 month periods will be in accordance with CCH’s then current Price List (unless CCH and Customer agree in writing to a different amount or time of payment).