Monetary Commitment Sample Clauses
A Monetary Commitment clause establishes the financial obligations that one or more parties agree to fulfill under a contract. Typically, this clause specifies the exact amount, payment schedule, and conditions under which payments must be made, such as deposits, milestone payments, or recurring fees. By clearly outlining these monetary responsibilities, the clause ensures both parties understand their financial duties, reducing the risk of disputes over payment and providing a clear framework for enforcing financial commitments.
Monetary Commitment. Within thirty (30) days of Licensee’s prepayment of the [*] US dollar (US$[*]) royalty buy-down payment applicable to the Volume Adjustment in Paragraph III.C of the Agreement , Tessera shall pay Licensee[*] Confidential treatment has been requested for portions of this exhibit. The copy filed herewith omits the information subject to the confidentiality request. Omissions are designated as [*]. A complete version of this exhibit has been filed separately with the Securities and Exchange Commission. [*] (US$[*]) to be used by Licensee exclusively for the joint marketing of Licensee’s ICs packaged in a royalty bearing TCC package format, as further set forth in this Paragraph IV. Tessera shall also [*] (US$) towards such joint marketing effort.
Monetary Commitment. The Employer shall at the beginning of each fiscal year set aside an amount of thirty-five thousand dollars ($35,000) for the purpose of funding educational assistance as described in Article 19.1--Concept.
Monetary Commitment. Customer will have access to its entire Monetary Commitment throughout the term of its Enrollment if Customer agrees to be invoiced for the full amount upfront (the “Fully Prepaid Option”). Alternatively, if Customer elects to be invoiced for its Monetary Commitment on an annual basis, Customer will have access to an Allocated Annual Commitment each year of the Enrollment (the “Annually Prepaid Option”). Under the Fully Prepaid Option, any unused Monetary Commitment will be forfeited at the end of the Enrollment, and under the Annually Prepaid Option, any unused Allocated Annual Commitment will be forfeited on the following Enrollment anniversary date. Customer may contact Microsoft or Customer’s reseller about increasing its Monetary Commitment or reducing its Allocated Annual Commitment for any future Enrollment anniversary. Customer’s reseller (if any) must process reductions with Microsoft prior to the next anniversary.
Monetary Commitment. Within thirty (30) days of Licensee’s prepayment of the [*] US dollar (US$[*]) royalty buy-down payment applicable to the Volume Adjustment in Paragraph III.C of the Agreement, Tessera shall pay Licensee [*] US dollars (US$[*]) to be used by Licensee exclusively for the joint marketing of Licensee’s ICs packaged in a royalty bearing TCC package format, as further set forth in this Paragraph IV. Tessera shall also spend [*] US dollars (US$[*]) towards such joint marketing effort.
Monetary Commitment. Enrolled Affiliate's initial order for Windows Azure Services must include a "Monetary Commitment," as further described in the Product
Monetary Commitment