Payment of Maintenance Fee Sample Clauses

Payment of Maintenance Fee. Purchaser agrees to immediately pay a maintenance fee for the Patent in the amount of $1,375 to Flehr,Hohbach, Test, Albrxxxxx & Xerbxxx XXX.
Sample 1
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Payment of Maintenance Fee. (a) Subject to:
Sample 1
Payment of Maintenance Fee. The maintenance fee in respect of each base station shall be payable by the service receiver commencing from the second year of the relevant Operating Lease Agreement, which will be calculated based on the following formula: (A-B)*C-(D*35%) A = the annual lease payment (inclusive of VAT) receivable by the service provider from the third party telecommunications operator under the relevant Operating Lease Agreement of the base station B = the annual rent (inclusive of VAT) payable by the service receiver to the lessee(s) under the relevant Lease Agreement(s) C = (i) for the second to fourth year of the relevant Operating Lease Agreement, the corresponding ratio of 10% each year; or (ii) for the fifth to tenth year of the relevant Operating Lease Agreement, the corresponding ratio of 35% each year, for the base station D = the overhaul project costs shared by the base station (if any) Conditional upon receiving a VAT invoice from the service provider in respect of the maintenance fee at a tax rate of 6%, the service receiver shall make payment for the maintenance fee within the following month after it receives lease payment from the third party telecommunications operator under the relevant Operating Lease Agreement for the base station. If the service receiver fails to pay the maintenance fee to the service provider in accordance with the Individual Maintenance Agreement, the service receiver shall make default payment in the sum equivalent to the product of
Sample 1
Payment of Maintenance Fee. The maintenance fee shall be payable in two equal semiannual installments, in advance on the first day of each January and July, and shall be payable to the Managing Agent, as agent for the Asssociation. Any payment not received by the Managing Agent within 15 days from the date when due shall be subject to a late fee of 5%. In addition, no occupancy of any Space or the mobile home thereon may permitted to an Owner unless and until all maintenance fees, and other assessments are paid in full by such Owner. If any Owner has not paid fully all assessments, the Managing Agent shall, at the direction of the Board of Directors of the Association, prohibit use of such Owner’s Space by the Owner. The frequency and dates of payment may be changed in accordance with the provisions of the By-Laws.
Sample 1
Payment of Maintenance Fee. 25.3.1 Maintenance Fee shall be due and payable in arrears at the end of each Quarter of an Accounting Year. The Maintenance Fee instalment payable for a Quarter of any Accounting Year shall be calculated as Sum total of the Maintenance Fees of each Trains under Maintenance Obligations during the relevant quarter where Maintenance Fees of each of the Train shall be calculated as - [0.25] x [(Total Train-Days under Maintenance Obligation for the corresponding Service Year of maintenance during the Quarter)* (Applicable Annual Maintenance Fee per Train for the corresponding Service Year of Maintenance)] / [No of Days in the relevant quarter]. The illustration given below calculates Maintenance Fee of first quarter of 2026 (01.01.2026 to 31.03.2026) for a hypothetical fleet of 4 RRTS Trains where date of acceptance of these Trains are considered as 10/2/23, 20/10/24and 1/3/25 respectively. Train No. Date of Acceptance of Train Service Year/Annual Maintenance Fee per Train (as % of Applicable Train Price)/ Train-Days Train Maintenance Fee for Q4 of 2025-26 2.75% 2.75% 3.75% 2.75% 1 10-02-2023 40 Days (01.01.26- 09.02.26) 50 Days (10.02.26- 31.03.26) 0.25*[(40* 3.75% + 50* 2.75%)/90] 2 20-10-2024 90 Days (01.01.26- 31.03.26) 0.25*[(90* 2.75%)/90] 4 01-03-2025 59Days (01.01.26- 28.02.26) 31 Days (01.03.26- 31.03.26) 0.25* [(59* 2.75% + +31* 2.75%)/90] 4 15-03-2026 17 Days (15.03.26- 31.03.26) 0.25*[(17*2.75%)/90]
Sample 1
Payment of Maintenance Fee. The lessee will pay to the lessor, or to its managing agent, the maintenance fee upon the terms, at the times, and in the manner herein provided, without any deduction on account of any set-off or claim which the lessee may have against the lessor, and if the lessee shall fail to pay any installment by the fourth (4th) day of the month, the lessee shall pay a late fee of twenty dollars ($20.00). If such installment is not paid by the following monthly due date, the lessee shall pay an additional late fee of fifty dollars ($50.00). (Amended Oct. 2003)
Sample 1

Related to Payment of Maintenance Fee

  • Maintenance Fee The Maintenance Fee (SEE SCHEDULE - ACCUMULATION PERIOD) will be deducted during the Accumulation Period from the Account Value on each anniversary of the Account Effective Date and upon withdrawal of the entire Account.

  • Maintenance Fees All maintenance and similar fees in respect of any Purchased Assets that are due and payable prior to the Closing have been paid in full.

  • Annual Maintenance Fee In consideration of the license granted to Licensee under Section 2.1, Licensee shall pay Licensor on-going annual maintenance fees of **** on each anniversary of the Effective Date.

  • License Maintenance Fee Beginning and each thereafter, ***** will pay Stanford a yearly license maintenance fee of $ . Yearly maintenance payments are nonrefundable.

  • License Maintenance Fees COMPANY shall pay to M.I.T. the following license maintenance fees on the dates set forth below: [January 1, year] [dollar amount] [January 1, year] [dollar amount] [and each January 1 of every year thereafter] [dollar amount] This annual license maintenance fee is nonrefundable; however, the license maintenance fee may be credited to running royalties subsequently due on NET SALES earned during the same calendar year, if any. License maintenance fees paid in excess of running royalties due in such calendar year shall not be creditable to amounts due for future years.

  • License Fee The Licensee to shall make payment of the License Fee to Licensor on the date of this Agreement. All rights granted to Licensee by Producer in the Beat are conditional upon Licensee’s timely payment of the License Fee. The License Fee is a one-time payment for the rights granted to Licensee and this Agreement is not valid until the License Fee has been paid.

  • Deferred Maintenance Borrower shall, within six (6) months of the date hereof, perform the deferred maintenance work (the “Deferred Maintenance”) to the Property itemized on Exhibit B hereto. Furthermore, Borrowers shall diligently perform, or cause to be performed, in a timely and workmanlike manner all repairs and maintenance contemplated by and itemized in the Approved Budget.

  • Payment of Charges All amounts chargeable to Borrower under Section 6 hereof shall be Obligations secured by all of the Collateral, shall be payable on demand and shall bear interest from the date such advance was made until paid in full at the rate applicable to Revolving Credit Loans from time to time.

  • License Fees If so provided in the Prospectus, the Depositor may enter into a Licensing Agreement (the "Agreement") with a licensor (the "Licensor") described in the Prospectus in which the Trust(s), as consideration for the licenses granted by the Licensor for the right to use its trademarks and trade names, intellectual property rights or for the use of databases and research owned by the Licensor, will pay a fee set forth in the Agreement to the applicable Licensor or the Depositor to reimburse the Depositor for payment of the expenses. If the Agreement provides for an annual license fee computed in whole or part by reference to the average daily net asset value of the Trust assets, for purpose of calculating the accrual of estimated expenses such annual fee shall accrue at a daily rate and the Trustee is authorized to compute an estimated license fee payment (i) until the Depositor has informed the Trustee that there will be no further deposits of additional Securities, by reference to an estimate of the average daily net asset value of the Trust assets which the Depositor shall provide the Trustee, (ii) thereafter and during the calendar quarter in which the last business day of the period described in clause (i) occurs, by reference to the net asset value of the Trust assets as of such last business day, and (iii) during each subsequent calendar quarter, by reference to the net asset value of the Trust assets as of the last business day of the preceding calendar quarter. The Trustee shall adjust the net asset value (Trust Fund Evaluation) as of the dates specified in the preceding sentence to account for any variation between accrual of estimated license fee and the license fee payable pursuant to the Agreement, but such adjustment shall not affect calculations made prior thereto and no adjustment shall be made in respect thereof.

  • Scheduled Maintenance Maintenance window for disruptive work to Service will be limited 12:00 A.M. to 4:00 A.M., Central Daylight Time (CDT), any day with requirement of one (1) calendar week notification to Customer prior to maintenance. LightEdge will send an e-mail notification of such disruptive maintenance to Service to Authorized Contacts of Customer. Once notification is sent to Customer this will be considered a “Scheduled Maintenance”. Any Service SLAs will NOT apply during a Scheduled Maintenance.

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