Fixed License Fee definition

Fixed License Fee. The fixed License Fee set forth in Section 5(a) above shall be paid in accordance with the following schedule:
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Examples of Fixed License Fee in a sentence

  • Licensor and Licensee agree to payment terms with Site Users for both the Equipment Cost and Fixed License Fee which are 30 percent paid with confirming order, 60 percent paid within 30 days of shipment, and final 10 percent paid within 30 days of initial start-up, or within 120 days of shipment, whichever occurs first.

  • Except if JFD is in default and has not cured such default (as more fully described in Article 11), if the Agreement is terminated by Universal pursuant to this Article 4.B.2 within twenty four (24) months following the Opening Date, Universal shall guarantee that JFD receives the Fixed License Fee (defined below) for the first two years of the Term.

  • Such Fixed License Fee shall be paid within sixty (60) days of the relevant anniversary of the Effective Date.

  • In the event the afore-said requirement remains unfulfilled after the Filing Period during a relevant period that is less than a full Calendar Year, the payment of such Fixed License Fee shall be pro-rated accordingly.

  • 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.

  • During the first two years following the Opening Date only (and not for any subsequent years), Ten Thousand Dollars ($10,000) at the conclusion of each three month period following the Opening Date ("Fixed License Fee"), for a total Fixed License Fee of $80,000.

  • Licensee shall pay Fixed License Fee as follows: (a) $ [ ] due on March , 2010, (b) $[ ] due on [ ], 2010 and (c) $ [ ] due on [ ], 2010.

  • The License Fee is equal to the aggregate total of the Fixed License Fee (as defined below).

  • 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.

  • The License Fee (other than the Fixed License Fee) shall be earned by JFD on a quarterly basis within 45 days after the end of Universal's fiscal quarter, and calculated for such preceding quarter; provided that any earned portion of the License Fee and Fixed License Fee payment shall not be paid until the first day of the first month following six (6) full calendar months of continuous operation of the Restaurant and all payments shall be made as earned thereafter.

Related to Fixed License Fee

  • 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.

  • 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.

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

  • Sublicense Fees shall have the meaning set forth in Section 7.6 below.

  • CREFC® Intellectual Property Royalty License Fee With respect to each Mortgage Loan (including any REO Mortgage Loan) and for any Distribution Date, the amount accrued during the related Interest Accrual Period at the CREFC® Intellectual Property Royalty License Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the CREFC® Intellectual Property Royalty License Fee shall be payable from the Lower-Tier REMIC.