Common use of CONTINUING FEES Clause in Contracts

CONTINUING FEES. While this Agreement is in effect, the Master Licensee shall pay Licensor each month, by the thirtieth day of the month, a percentage of the Gross Retail Sales, as designated in the Addendum attached hereto and defined below, from all ROCKY MOUNTAIN CHOCOLATE FACTORY Stores operating in the Licensed Territory in the preceding month (“Continuing Fee”), including all ROCKY MOUNTAIN CHOCOLATE FACTORY Stores owned and operated by the Master Licensee as a Franchisee.

CONTINUING FEES. While this Agreement is in effect, the Master Licensee shall pay Licensor each month, by the thirtieth day of the month, a percentage of the Gross Retail Sales, as designated in the Addendum attached hereto and defined below, from all ROCKY MOUNTAIN CHOCOLATE FACTORY Stores operating in the Licensed Territory in the preceding month (“Continuing Fee”), including all ROCKY MOUNTAIN CHOCOLATE FACTORY Stores owned and operated by the Master Licensee as a Franchisee. 3.4.