Common use of Transmission of Payments Clause in Contracts

Transmission of Payments. All payments to be made to REAL D pursuant to this Agreement shall be transmitted by electronic funds transfer (“EFT”) to an account designated by REAL D. Any EFT, wire transfer or other transaction fees incurred in connection with the payment or transmittal of funds by Licensee shall be paid by Licensee and shall not be deducted from amounts payable to REAL D under this Agreement.

Appears in 2 contracts

Samples: System License Agreement (RealD Inc.), System License Agreement (RealD Inc.)

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Transmission of Payments. All payments to be made to REAL D RealD pursuant to this Agreement shall be transmitted by electronic funds transfer (“EFT”) to an account designated by REAL D. RealD. Any EFT, wire transfer or other transaction fees incurred in connection with the payment or transmittal of funds by Licensee shall be paid by Licensee and shall not be deducted from amounts payable to REAL D RealD under this Agreement.

Appears in 2 contracts

Samples: Reald System License Agreement (RealD Inc.), Reald System License Agreement (RealD Inc.)

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