NRE Fees definition

NRE Fees means any amounts payable by either Party specified in any SOW in consideration for nonrecurring engineering expenses incurred by the other Party.
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Examples of NRE Fees in a sentence

  • Customer will pay the NRE Fees in accordance with the milestone schedule set forth in the applicable SOW.

  • ThinKom acknowledges receipt of payment from Gogo of [***] under the Letter of Intent of August 7, 2012, and such payment shall be applied and credited to Gogo’s obligation with respect to the final and third payment of NRE Fees.

  • Mandatory class time shall count as time worked for all purposes including overtime but preparation time shall not be considered time worked for purposes of computing overtime.

  • Gogo agrees to pay [***] in NRE Fees in total for the development of the Product and Deliverables.

  • All amounts payable (including up-front license fees, Royalties and NRE Fees) under this Agreement are exclusive of any sales tax, excise tax, value-added tax, duty, levy, custom fee or similar charge (collectively “Taxes”).

  • Wink also agrees to port the Licensed Technology to other devices for additional NRE Fees, as set forth in Exhibit A.

  • Gogo agrees to pay [***] in NRE Fees under the terms of this Exhibit.

  • To guarantee its performance under this Agreement, within sixty (60) days after the Effective Date, LFIRC will obtain, maintain and provide to Anoto an irrevocable standby letter of credit with an institution reasonably acceptable to Anoto in an amount of the greater of [*] or the amount of NRE Fees, Interim License Fees or Advanced Royalties payable during the next six months, and after exhaustion of Advance Royalties, Royalties payable for the coming six months based on forecast provided by LeapFrog.

  • Such royalty payments shall be subject to the respective reporting and audit provisions set forth in Sections 7.1 and 7.4. WINK will inform TAK of the identity of any such third party, provided that WINK's obligations to pay TAK a percentage of the NRE Fees shall terminate at the point when the payments made equal the amount of NRE Fees paid by TAK to WINK.

  • In such circumstances, Starfish shall refund all monies paid pursuant to this Section, but may retain the initial payment of [**] made by Magic under Section 5.1 ("NRE Fees").