Annual License Fees definition

Annual License Fees has the meaning set forth in Section 7.1.
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Annual License Fees means the annual fees paid to keep the Claims comprising the Property in good standing as set out in Schedule “A”, including any subsequent increase by the Republic of Tanzania;
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Annual License Fees will mean the annual license fees payable for the continued use of the System and Services as indicated on Annexure A;
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Examples of Annual License Fees in a sentence

  • Licensee’s failure to pay any costs or Annual License Fees under this Agreement within thirty (30) days of the due date shall constitute a material default.

  • Annual License Fees, for all Site-Specific Locations, shall thereafter be due and payable by the Licensee on January 1st of each year.

  • Any Annual License Fees not paid within 60 days of due date will be assessed a rate of 10% per annum from the due date.

  • For the period of repairs, not exceeding one year, taken by the work of reconstruction and or renovation or repair the payment of the Annual License Fees payable by the SECOND PARTY shall remain in abeyance.

  • For the purpose of computation or payment of Annual License Fees, annual / year denotes 12 calendar months from and including the month of taking over of possession.

  • Notice intimating LICENSEE that the Annual License Fees has fallen due and if the same is not paid on an immediate basis the LICENSOR shall be forced to invoke the penalty clause.

  • Non payment of Annual License Fees as and when it is due and payable.

  • Thereafter, the SECOND PARTY shall have to furnish revolving Bank Guarantee to FIRST PARTY for a sum equal to each year’s Annual License Fees before the beginning of that particular year during the period of the agreement.

  • Notice intimating SECOND PARTY that the Annual License Fees has fallen due and if the same is not paid on an immediate basis the FIRST PARTY shall be forced to invoke the penalty clause.

  • Delay in payment of Annual License Fees for more than Three months.


More Definitions of Annual License Fees

Annual License Fees has the meaning set forth in Section 3.1(b).
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Annual License Fees as specified in Exhibit A02, Section 1.2, and elsewhere in the Contract, shall be renamed "Annual Software Maintenance Fees."
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Annual License Fees means the annual licensing fees payable for use of the Licensed Software as set forth in the Contract Specifics.
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Annual License Fees means the minimum financial consideration paid annually by the Licensee for the right to utilize all of the License Area(s)s for the express Permitted Use under this License.
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Related to Annual License Fees

  • Initial license means the first permanent license granted to a qualified individual.

  • Commercial License means any license issued to an individual or entity that is not a patient, caregiver, or transporter agent.

  • individual licence means a telecommunications licence referred to in section 38(1)(a) or (b);

  • Perpetual License means a license which is everlasting and valid if the software is being used in accordance with the license-agreement requirements.

  • Original license means a motor vehicle dealer license issued to an applicant who has never been

  • Provisional license means a nonrenewable license issued by the Board of Education for a specified

  • Professional license means any license, permit, certificate, registration, qualification, admission, temporary license, temporary permit, temporary certificate, or temporary registration that is described in divisions (W)(1) to (37) of this section and that qualifies a person as a professionally licensed person.

  • Reciprocal license means the issuance of an Iowa license to practice barbering to an applicant who is currently licensed in another state and which state has a mutual agreement to license persons who have the same or similar qualifications to those required in Iowa.

  • Retail license means one of the following licenses issued under this title:

  • Occupational license means a certificate, registration, or license issued by a state department, bureau, or agency that has regulatory authority over an individual that allows an individual to legally engage in a regulated occupation or that allows the individual to use a specific title in the practice of an occupation, profession, or vocation.

  • Conditional license or "conditional approval" means a license

  • Material License has the meaning assigned to such term in Section 7.15.

  • License Fees means the license fees, including all taxes thereon, paid or required to be paid by Licensee for the license granted under this Agreement.

  • Local licensing authority means the governing body of a municipality or city and county, the board of county commissioners of a county, or any authority designated by municipal or county charter, municipal ordinance, or county resolution.

  • Governmental Licenses has the meaning set forth in Section 4.3.

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.

  • Sublicense Fees means all upfront fees, milestone payments and similar license fees received by LICENSEE from its Sublicensees in consideration for the grant of a Sublicense, but excluding:

  • Financial licensing act means any of the financial licensing acts, as that term is defined in section 2 of the consumer financial services act, 1988 PA 161, MCL 487.2052.

  • Environmental Licence means any Authorisation required at any time under Environmental Law.

  • License Type means the type of license granted be it a perpetual license or subscription license for a specified duration, such information being as specified in the Notification Form.

  • Milestone Payments has the meaning set forth in Section 4.2.

  • Milestone 2 means achievement of annual Net Sales of at least $35,000,000 during any Calendar Year ending on or before December 31, 2024.

  • CREFC® Intellectual Property Royalty License Fee Rate With respect to each Mortgage Loan, a rate equal to 0.0005% per annum.

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • License year means the period of time for which a

  • State of principal license means a member state where a physician holds a license to practice medicine and which has been designated as such by the physician for purposes of registration and participation in the Compact.