Logo Licence definition
Examples of Logo Licence in a sentence
The Licensee must provide a statement of accounts to the Department in accordance with the timing specified in the Payment Schedule which includes a total of Gross Sales, details of Uniform Items sold (including sizes and volumes sold) and the calculation of the Logo Licence Fee.
It was also discussed at the Logo Licence Focus Group meeting on 8 September 2016.
On receipt of the statement of accounts the Department will issue to the Licensee a tax invoice for the Logo Licence Fee.
The Logo Licence Fee is the amount calculated by multiplying the percentage nominated in Item 7 of the Schedule by Gross Sales for the previous month.
PEFC reserves the right to withdraw the licence with immediate effect (suspension) if there are reasons to believe that any of the terms of licence contract, rules for use of the PEFC Logo, PEFC scheme are not being adhered to, or the Logo Licence holder brings the Responsible Wood Logo, the Responsible Wood Certification Scheme or Responsible Wood into disrepute.
To be clear, the Logo Licence Fee is a fee for the licence granted in clause 4 (Licence to use School Logo) of this Agreement and has no connection to the Premises Licence.