Fixed License definition
Examples of Fixed License in a sentence
The applicable annual Fixed License and Hosting Fee will be divided by twelve to determine the applicable monthly Fixed License and Hosting Fee.
In the case of Fixed License and Service Fees, such payments will be due and payable no later than [*****] calendar [*****], except in the case of the initial Fixed License and Service Fee which will be due and payable no later than [*****] days after the date of the last party to execute this Amendment No. 3.
Further, in no event shall the total of Credits due AA during any Service Level Period exceed the value of [***] percent ([***]%) of the Fixed License and Hosting Fee during that Service Level Period.
Such pro rata portion shall be based upon the Fixed License and Service Fee for the Service Period from January 1, 2012 to December 31, 2012.
Such Hosting Credits may be deducted from the invoice for the next installment of the annual Fixed License and Hosting Fee or, if there is no subsequent installment due, Orbitz will refund to AA the amount of such Hosting Credits that have not been applied to invoices, subject to the limitation set forth in Section C(2) of this Exhibit F.
The payment of the Fixed License Fee shall not derogate from EDESA’s obligations under this Agreement, including without limitation, the obligations set forth in Section 3 above and further use of commercially reasonable efforts to file an IND for the Products within the Field following the Filing Period.
In the event that Sprint exercises its right to terminate the Agreement, on or after June 30, 2012, Supplier shall replay to Sprint the pro rata portion of the Fixed License and Service Fee applicable to the period for which Supplier no longer provides service to users prior to December 31, 2012.
In no event shall the total of System Availability Credits, System Response Time Credits, Service Resolution Credits and/or Notification Credits (individually and collectively, a "Credit") due AA during any month exceed the value of [***] percent ([***]%) of the Fixed License and Hosting Fee for such month.
VAT) : Annual License Fees The PROPRIETOR will invoice the BEE SERVICE PROVIDER annually in advance for the Fixed License Fee and monthly in arrears for the Fee per ME.
TeleNav will issue an invoice to Sprint for all Fixed License and Service Fees payments referenced in this Section 10.