Common use of Standard Rate Clause in Contracts

Standard Rate. Per-Batch License Royalties. Licensing Company shall invoice Licensee within thirty (30) days after December 31, 2011 for royalties that have accrued up to December 31, 2011 pursuant to Section 5.1 (Standard Rate) based on the patents listed on the Commercially Essential Patent List and Technically Essential Patent List by Licensing Company on its website as of January 1, 2012; and

Standard Rate. Per-Batch License Royalties. Licensing Company shall invoice Licensee within thirty (30) days after December 31, 2011 for royalties that have accrued up to December 31, 2011 pursuant to Section 5.1 6.1 (Standard Rate) based on the patents listed on the Commercially Essential Patent List and Technically Essential Patent List by Licensing Company on its website as of January 1, 2012; and

Standard Rate. Per-Batch License Royalties. Licensing Company shall invoice Licensee within thirty (30) days after December 31, 2011 for royalties that have accrued up to December 31, 2011 pursuant to Section 5.1 (Standard Rate) based on the patents listed on the Commercially Essential Patent List and Technically Essential Patent List by Licensing Company on its website as of January 1, 2012; and