Minimum License Fee Sample Clauses

Minimum License Fee. In consideration of the licenses granted herein, ABT/UK shall pay to ABT the minimum license fee specified on Attachment A ("Minimum Annual License Fee"). The Minimum Annual License Fee will be payable in four (4) equal installments, in advance of each Fiscal Quarter.

Minimum License Fee. The Minimum License Fee for each quarter shall be equal to $250,000 during the first year of the Term, $500,000 during the second year of the

Minimum License Fee. HP agrees to pay a minimum license fee of [information redacted]## units [information redacted]## to SA within one year after the Launch of HP printer, to be invoiced by SA quarterly. If more than [information redacted]## units were sold during this first year of sales, the amount due would be the one corresponding to the license fees for the number of units sold, which would be higher than [information redacted]##. If less than [information redacted]## units were sold, HP will pay to SA the difference between [information redacted]## as set forth above and the amount of license fees paid for the units sold during the first year of sales. The payment would be made within 30 days after receipt of the appropriate invoice from SA. Such license fee prepayment shall be applied by HP against payments of the following years of sales due to SA under this Agreement (either for copies of the Program or for Morisawa fonts) and shall not be applied against quarterly license fees payable by HP to SA during the first year of sales pursuant to Section 6.1 (b) of this Agreement.

Minimum License Fee. With respect to any calendar year after 2017 in which the license fees paid to S&P hereunder are less than $*****, CME will remit to S&P the difference between such license fees and $***** within ninety (90) days of the end of the calendar year; provided, however, that CME will have no such obligation if S&P has suffered a material loss or erosion of intellectual property protection for the S&P Stock Indices or CME has suffered a material loss of its exclusive rights under this Agreement.

Minimum License Fee. The International License Fee will be subject to a minimum of $[***] per License Year, with the first such License Year beginning on October 1, 2003.

Minimum License Fee. So long as this Agreement is in effect, Licensee shall be obligated to pay Licensor a minimum License Fee based on the Minimum Net Sales thresholds set forth herein, irrespective of whether Licensee achieves such Minimum Net Sales for the respective year. By way of example, in year 2 of the First Renewal Term, Licensee shall be obligated to pay Licensor a minimum License Fee of $70,000 (Leather Goods Net Sales (approximately $600,000) x .05 + Textile Goods Net Sales (approximately $400,000) x .10 = $30,000 + $40,000 = $70,000 minimum License Fee for year 2 of the First Renewal Term. Similarly, in year 3 of the First Renewal Term, Licensee shall be obligated to pay Licensor a minimum License Fee of $210,000 (Leather Goods Net Sales (approximately $1,800,000) x .05 + Textile Goods Net Sales (approximately $1,200,000) x .10 = $90,000 + $120,000 = $210,000 minimum License Fee for year 3 of the First Renewal Term, and so on so forth as applicable for the respective year.

Minimum License Fee. POINT shall pay annual minimum license fees to Scintomics in an amount of: - in 2023: [***] - for the years 2024 – 2026, per year: [***] - as from the year 2027 and the following years, per year: [***] The minimum license fees are due in advance on January, 31st of each year for the current Accounting Period (i.e., the 1st payment will be due on January, 31st 2023). The payment of the respective minimum license fee can be credited towards the payment of the Royalties pursuant to section 4.2 when these are due. 9. Section 9 “OBTAINING AND MAINTENANCE OF CONTRACT PROPRIETARY RIGHTS” shall be amended such, that its wording shall be deleted and replaced by the following wording: