Initial Licence Fee definition

Initial Licence Fee means the fee for the Initial Licence (if applicable) as set out in the relevant Statement of Work;

Initial Licence Fee means the fee specified as such in the Order Confirmation.

Initial Licence Fee means the licence fee payable by the Licensee to IBA in respect of each 12 month period during the Initial Licence Term, as specified in the Commercial Terms.

Examples of Initial Licence Fee in a sentence

• A new licence shall not be granted unless the appropriate Initial Licence Fee is paid by the licensee.

• The parties agree that Snap-on’s reasonable expenses will be equivalent to 20% of the Initial Licence Fee (as defined in Section 5.A) payable by the Franchisee under this Agreement.

• The Franchisee must pay Snap-on the Initial Licence Fee as stated in Item 13 of the Schedule, on execution of this Agreement.

• The Initial Licence Fee is paid by Franchisee in consideration of Snap- on granting the Franchise to Franchisee and, subject to Section 3.B, is not refundable for any reason.

• Assets or disposal groups that are classified as held for sale are measured at the lower of their carrying amount and fair value less costs to sell.Revenue recognitionRevenue earned by continuing operationsThe Group receives income through Software ILF (Initial Licence Fee), SaaS (Software as a Service), consulting fees, physiotherapy services, management charges, membership fees, e-commerce revenues, click fees and other success based one-time fees.

More Definitions of Initial Licence Fee

Initial Licence Fee means the fee specified as such in the Order Confirmation. “Initial Licence Period” means the period specified as such in the Order Confirmation and commencing on the Effective Date. “Licensed Products” means the Licensed Programs, the Documentation and the Data. “Licensed Programs” means the object or executable code of the “Experian QAS” computer programs ordered by you and as specified in the Order Confirmation, including any New Release. “New Release “ means any maintenance release relating to the Licensed Programs including error fixes, minor upgrades and patches (but not including New Versions), which we make available to you under this Agreement or otherwise and which are included in the Initial Licence Fee and Renewal Fee; “New Version” means a new version (as determined by us) of the Licensed Products (or part thereof) which we make available to you under this Agreement or otherwise but which is not included in the Initial Licence Fee or Renewal Fee. “Order Confirmation” means the completed form entitled “Software Order Confirmation”. “Our Website” means xxx.xxx.xxx/xxxxx or such other URL as notified to you. “Experian QAS Business Partner” means an organisation authorised by us to market certain of the Licensed Products. “Renewal Date” means the date of expiry of the Initial Licence Period or of any subsequent Additional Term. “Renewal Fee” means the fee specified as such in the Order Confirmation (as increased from time to time in accordance with this Agreement). “Server” means a server version of the Licensed Programs. “Service Bureau” means a business which processes data for or on behalf of third parties, including through the use of the internet or other electronic based services. “Special Terms” means any terms or conditions specified as such in the Order Confirmation. “Support Services Policy” means our support services policy located on Our Website, which sets out the terms and conditions on which we will provide technical support services to you. “User” means a personal computer, workstation, terminal or peripheral device within your organisation which can access either directly or indirectly any of the Licensed Programs or any part of the Data. “we” or “us” or “our” means the Experian QAS company specified in the Order Confirmation. “you” or “your” means the name of the customer specified in the Order Confirmation.

Initial Licence Fee means the fee payable for the Software Product and/or Customer Solution during the Initial Licence Period;

Initial Licence Fee means the fee payable in respect of the Initial Term as set out in Schedule 1

Initial Licence Fee means the charge made to the Grower for acquiring the initial licence to obtain general access to any plant selections/varieties created by Xxxxxx Genetics and which is made available by the Licensor to the Grower in terms of this Agreement;

Initial Licence Fee means the fee payable by MOM to IBR in respect of the Licensed Plant pursuant to Section 4.3. The Initial License Fee is equal to $660,000 US being the product of the 440 tonnes per day Capacity of the Licensed Plant, multiplied by $1,500 US per tonne per day of Capacity,

Initial Licence Fee means the charge made to the User for the initial supply and licence of the Sky Product and Documentation as set out on the first page of this documentation;

Initial Licence Fee means [*] pounds sterling ([*]) constituting twenty-five per cent of the Committed Licence Revenue;