Common use of Annual Attachment Fee Clause in Contracts

Annual Attachment Fee. Licensee agrees to pay Owner during the Initial Term an Annual Attachment Fee per Attachment as set forth and described on Exhibit A (“Annual Attachment Fee”), attached hereto and incorporated herein. Upon expiration of the Initial Term (as defined below) Owner may revise the Annual Attachment Fee pursuant to Section 14 below prior to the effective date of such revision or rate adjustment. Billing of annual charges shall be rendered, in advance, annually on or about July 1 of each year.

Annual Attachment Fee. Licensee agrees to pay Owner during the Initial Term an Annual Attachment Fee per Attachment as set forth and described on Exhibit A (“Annual Attachment Fee”), attached hereto and incorporated herein. Upon expiration of the Initial Term (as defined below) Owner may revise the Annual Attachment Fee pursuant to Section 14 below prior to the effective date of such revision or rate adjustment. Billing of annual charges shall be rendered, in advance, annually on or about July January 1 of each year.