Common use of Occupancy Fee Clause in Contracts

Occupancy Fee. During the Term, Inverness Japan shall pay to ▇▇▇▇▇▇ Japan as compensation for all the Manufacturing Support Services performed by Abbott Japan pursuant to this Agreement a monthly fixed-fee in the amount of (i) $59,000 plus any applicable Japanese Taxes, if any, during the first 26 months of the Term, and (ii) $89,000 plus any applicable Japanese Taxes, if any, during the remaining months of the Term (the “Occupancy Fee”).

Occupancy Fee. During the Term, Inverness Japan shall pay to ▇▇▇▇▇▇ Abbott Japan as compensation for all the Manufacturing Support Services performed by Abbott ▇▇▇▇▇▇ Japan pursuant to this Agreement a monthly fixed-fee in the amount of (i) $59,000 plus any applicable Japanese Taxes, if any, during the first 26 months of the Term, and (ii) $89,000 plus any applicable Japanese Taxes, if any, during the remaining months of the Term (the “Occupancy Fee”).