License year definition

License year means the period of time for which a
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License year means the calendar year for which a license is issued for the privilege of engaging in
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License year means the period of time for which a recreational license is valid. The license year begins April 1st, and ends March 31st.
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Examples of License year in a sentence

  • If total amounts actually paid under Sections 2 and 3 of this Exhibit for any License Year are less than the applicable minimum amount set forth in the following table (the “Annual Minimum”), Licensee will pay to ULRF an amount for that License Year equal to the shortfall.

  • Licensee will deliver to ULRF at least once per License Year a current copy of the source code and a current copy of the object code (in machine-readable form) for any derivative work based on the Licensed Copyrights.

  • If this Agreement expires or terminates for any reason during any year, the Annual Minimum for such License Year will be reduced pro-rata.

  • Upon termination, Licensee will remain obligated to provide, in the form specified in Section 6.2, an accounting for and pay Royalties earned up to the date of termination and for the one (1) year period thereafter, as specified above, and any Annual Minimums prorated as of the date of termination based on the number of days elapsed in the applicable License Year.

  • Such payment will be made within sixty (60) days of the end of the applicable License Year.


More Definitions of License year

License year means the period from April 1 through March 31.
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License year means January 1 of any given year through December 31 of the same year.
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License year means the 12 months beginning July 1 and ending June 30;
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License year means the period beginning on July 1 of a given year and ending on the following June 30.
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License year means each twelve-month period beginning on January 1 and ending on December 31. However, the first License Year (alternatively, License Year 1) shall commence on the Effective Date and end on December 31 of the same calendar year.
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License year means a year in which this Agreement is in effect. The first License Year will begin on the Effective Date and run until December 31 of the same calendar year. Thereafter, each subsequent License Year will mean each subsequent calendar year, beginning January 1 and ending December 31, provided that the final License Year will end on the date of expiration or termination of this Agreement.
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License year means each calendar year during the Term of this Agreement; except that the first License Year shall commence on the Effective Date and end on December 31 of the calendar year in which the Effective Date occurs.
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