Net License Fee definition
Examples of Net License Fee in a sentence
The expectation is that key information concerning the Momentum Products module(s) licensed, customer name, ship date, quantity, standard list price, actual fee received, reductions for bundled services, Net License Fee and actual royalty rate will be provided in the quarterly report provided to Momentum.
In no event shall SAP's total liability for damages of any kind or nature in any way arising from or related to the RWD software licensed hereunder exceed an amount equal to the Net License Fee identified in Item 2 hereof.
The revenue sharing percentage due to ▇▇▇▇▇▇▇▇ Consulting will be based on the Net License Fee.
The Net License Fee shall be the amount of license fees invoiced to the Client (exclusive of sales, use, VAT, GST and excise taxes) without reduction for applicable withholding taxes.
The purchase price for the license shall be paid to Buyer, who in turn shall distribute the funds as follows: Seller shall receive [*] of the Net License Fee, subject to appropriate holdbacks for liquidated damages (prior to performance tests and commercial acceptance) required to sell the license, and Buyer shall receive [*] of the Net License Fee received by Buyer from the project company.
For each Covered Application(s) license including Selected PSC Products to be covered under a twelve (12) month initial PSC maintenance term (provided such maintenance is made generally available by PSC to its customer base), AP shall provide the following information: the customer name, address, PSC serial number, AP's Net License Fee, maintenance start and end date, and PSC's Maintenance Royalty calculated in accordance with Section 4(0(i) above.
In the event a license is issued for a project in which a License Fee is not specified, a reasonable License Fee comparable to the fee for other licenses issued for the E-Gas Technology will be deemed attached to that license, whereupon it shall be treated like any other license for purposes of computing the Net License Fee to be shared between the Buyer and Seller according to the percentages specified in (c) or (d) above, as applicable.
In no event shall SAP’s total liability for damages of [ *269 ] licensed hereunder exceed [ *270 ] the Net License Fee identified in Section 2 hereof.
The Net License Fee due and payable by Licensee for the Mercury Software licensed in Section 1 above is the amount of [ *317 ], which amount shall be invoiced upon execution of this Appendix and is payable net [ *318 ] of the date of invoice.
The Net License Fee to Licensee for the Redwood Software specified above (excluding third party database) is [ *281 ], which shall be invoiced on execution of this Appendix, and is payable [ *282 ] from date of invoice.