Sub-Fees definition

Sub-Fees means the Fees due to any Sub-affiliate as set out in their chosen Payment Plan.
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Examples of Sub-Fees in a sentence

  • The amount and timing of such Sub-Fees shall be reasonably approved by Cyclone, and Cyclone shall receive 35% of such Sub-Fees, which shall be payable to Cyclone as received by Phoenix in the form of additional Development Fees under the License Agreement.