Monthly Licence Fee Clause Samples
The Monthly Licence Fee clause defines the recurring payment that the licensee must make to the licensor for the ongoing use of licensed property, such as software, premises, or intellectual property. This clause typically specifies the amount due, the payment schedule (e.g., due on the first of each month), and may outline any adjustments or penalties for late payment. Its core function is to establish a clear and predictable financial obligation, ensuring both parties understand the cost structure and payment expectations throughout the term of the agreement.
Monthly Licence Fee. 1.1. For member firms located in New Zealand, payment is in New Zealand dollars, plus GST:
a) For firms with between 1 and 11 team members: $595 per month.
b) For firms with between 12 and 31 team members: $795 per month.
c) For firms with between 32 and 71 team members: $995 per month.
d) For firms with more than 71 team members: as negotiated between the parties.
1.2. For member firms located in Australia, payment is in Australia dollars:
a) For firms with between 1 and 11 team members: $595 per month.
b) For firms with between 12 and 31 team members: $795 per month.
c) For firms with between 32 and 71 team members: $995 per month.
d) For firms with more than 71 team members: as negotiated between the parties.
1.3. For member firms located in the United Kingdom, payment is in British pounds:
a) For firms with between 1 and 11 team members: £295 per month.
b) For firms with between 12 and 31 team members: £395 per month.
c) For firms with between 32 and 71 team members: £495 per month.
d) For firms with more than 71 team members: as negotiated between the parties.
1.4. For member firms located elsewhere, payment is in United States dollars:
a) For firms with between 1 and 11 team members: $430 per month.
b) For firms with between 12 and 31 team members: $595 per month.
c) For firms with between 32 and 71 team members: $795 per month.
d) For firms with more than 71 team members: as negotiated between the parties.
1.5. Payment terms are as follows:
a) The first Monthly Licence Fee is payable on Commencement Date.
b) Subsequent Monthly Licence Fees are payable:
Monthly Licence Fee. (a) Subject to clause 5, in consideration of the grant of the Licence, you must pay us a monthly licence fee of AU$100.00 including GST (Monthly Licence Fee) in accordance with clause 4(b).
(b) You must pay the Monthly Licence Fee monthly in advance, with the first payment of the Monthly Licence Fee (in respect of the first month of the Term) being due and payable on the date that you order the Goods from us.
(c) Each Monthly Licence Fee you pay to us is non-refundable (even if this Licence Agreement is terminated before the expiry of the month to which the Monthly Licence Fee relates).
(d) You must make all payments required to be made to us under this Licence Agreement as we direct and in immediately available funds.
Monthly Licence Fee. 9.1. The Licensee will pay the Monthly Licence Fee in accordance with the terms set out in Schedule 1.
9.2. The Gap may review the Monthly Licence Fee at any time after the expiry of the Initial Term under clause 16 and shall give the Licensee written notice of the outcome of any such review. Any such review will take effect 30 days after receipt of such notice by the Licensee in accordance with clause 18.
9.3. If the Licensee disputes the whole or any portion of any invoice submitted to it by The Gap, the Licensee agrees to:
a) Notify The Gap within 10 Business Days of receipt of the invoice of the dispute and the reasons for it; and
b) Pay that portion of the invoiced amount (if any) that is not in dispute by the due date.
Monthly Licence Fee. 9.1. The Licensee will pay the Monthly Licence Fee in accordance with the terms set out in Schedule 1.
9.2. The Gap may review the Monthly Licence Fee at any time after the expiry of the Initial Term under clause 15 and shall give the Licensee written notice of the outcome of any such review. Any such review will take effect one month after receipt of such notice by the Licensee in accordance with clause 17.
9.3. If the Licensee disputes the whole or any portion of any invoice submitted to it by The Gap, the Licensee agrees to:
a) Notify The Gap within 10 Business Days of receipt of the invoice of the dispute and the reasons for it; and
b) Pay that portion of the invoiced amount (if any) that is not in dispute by the due date.
9.4. Suspension of access to the Product if fees overdue: The Gap may (without prejudice to its other rights and remedies) suspend the Licensee’s access to the Product and The Gap Portal during any period in which the Licensee is in arrears for payment of any fees payable under this Agreement.
Monthly Licence Fee. At the end of each month, the Agent will pay to the Bank the fee specified in Item 7 of Schedule 1. These payments will commence 25 months after the Commencement Date if the Branch is new, and one month after the Commencement Date if the Branch has previously been operated from the Premises:
(a) under an agency agreement with the Bank; or
(b) by the Bank.
Monthly Licence Fee. 1.1. For member firms located in New Zealand, payment is in New Zealand dollars, plus GST:
a) For firms with between 1 and 2 team members: $395 per month.
b) For firms with between 3 and 11 team members: $595 per month.
c) For firms with between 12 and 31 team members: $795 per month.
d) For firms with between 32 and 71 team members: $995 per month.
e) For firms with more than 71 team members: as negotiated between the parties.