FEE MODEL Sample Clauses
The Fee Model clause defines how fees are structured and calculated under the agreement. It typically outlines the types of fees involved, such as fixed, hourly, or performance-based charges, and specifies when and how payments are to be made. By clearly establishing the method and timing of compensation, this clause ensures both parties understand their financial obligations and helps prevent disputes over payment terms.
FEE MODEL. The Work Order will contain fee and payment terms. The following fee models are contemplated: Fixed Fee ImageTrend shall perform the work outlined in the Work Order for a fixed flat fee, plus Expenses. The Fixed Fee is exclusive of Expenses unless the Work Order outlines the Expenses. The Fixed Fee model may include milestone payments, with such milestone payments outlined in the Work Order. Time and Materials ImageTrend shall perform the work outlined in the Work Order on a Time and Materials basis, at the rate(s) specified in the Work Order. LEGAL EFFECT. Work Orders issued under this Master Services Agreement are incorporated by reference into this Master Services Agreement which collectively is called “the Agreement.” Work Orders do not override the terms of this Master Services Agreement unless specifically stated that they do so. Work Orders may contain their own Fee/Payment Schedules and Payment Terms; those terms are binding insofar as they concern the services or Deliverables contemplated by the Work Order. For Work Orders without their own fee and payment terms, the payment terms in the Price Sheet and Work Order Attachment below control.
FEE MODEL. 6.1 The FRONIUS WeldCube Premium software will be made available to the User in its capacity as the licensee, and transferred for use (licensed), not sold. The User shall receive the non-transferable, exclusive right to use FRONIUS WeldCube Premium in accordance with these Terms of Use. The licensor shall retain all other rights to FRONIUS WeldCube Premium.
6.2 WeldCube Premium software licence The FRONIUS WeldCube Premium software licence provides an instance of the basic software scope for collection, visualisation and analysis of welding-related data, to be installed for use on a (physical or virtual) device including 5 associated Client Access licences.
6.3 Annual flat fee (software subscription) for software maintenance
6.4 Further Client Access licences Where there are more than 5 welding systems, further Client Access licences in addition to the WeldCube Premium software licence are required, and will be installed for each further welding system that is to be networked with FRONIUS WeldCube Premium. This means that the FRONIUS WeldCube Premium package can be scaled individually in line with the User's requirements. Each additional Client Access licence is charged on a one-off basis.
6.5 Service and support services FRONIUS offers additional services and support for commissioning, training and after-sales support.
6.6 Other licensing models and billing variants are possible.
FEE MODEL. The Work Order will contain fee and payment terms. The following fee models are contemplated: Fixed Fee ImageTrend shall perform the work outlined in the Work Order for a fixed flat fee, plus Expenses. The Fixed Fee is exclusive of Expenses unless the Work Order outlines the Expenses. The Fixed Fee model may include milestone payments, with such milestone payments outlined in the Work Order. Time and Materials ImageTrend shall perform the work outlined in the Work Order on a Time and Materials basis, at the rate(s) specified in the Work Order.
FEE MODEL. The Work Order will contain fee and payment terms. The following fee models is contemplated: Model Name Definition LEGAL EFFECT. Work Orders issued under this Master Services Agreement are incorporated by reference into this Master Services Agreement which collectively is called “the Agreement.” Work Orders do not override the terms of this Master Services Agreement unless specifically stated that they do so. Work Orders may contain their own Fee/Payment Schedules and Payment Terms; those terms are binding insofar as they concern the services or Deliverables contemplated by the Work Order. For Work Orders without their own fee and payment terms, the payment terms in Price Sheet and Work Order Attachment below control.
FEE MODEL. The Work Order will contain fee and payment terms. The following fee models are contemplated:
FEE MODEL. 6.1 The FRONIUS WeldCube Premium software will be made available to the User in its capacity as the licensee, and transferred for use (licensed), not sold. The User shall receive the non-transferrable, exclusive right to use FRONIUS WeldCube Premium in accordance with these Terms of Use. The licensor shall retain all other rights to FRONIUS WeldCube Premium.
6.2 WeldCube premium licence The FRONIUS WeldCube Premium basic licence provides an instance of the basic software scope for collection, visualisation and analysis of welding-related data, to be installed for use on a (physical or virtual) device including 5 associated Client Access licences.
6.3 Annual flat fee (maintenance subscription) for software maintenance All costs of updates to the basic software licence are covered by the annual flat fee for software maintenance. In addition, the maintenance subscription entitles the subscriber to use of WeldCube Premium’s Web API. In the event of non-payment of the annual flat fee, none of the updates listed will be provided and the API may not be used.
6.4 Further Client Access licences Where there are more than 5 welding systems, further Client Access licences in addition to the basic licence are required, and will be installed for each further welding system that is to be networked with FRONIUS WeldCube Premium. This means that the FRONIUS WeldCube Premium package can be scaled individually in line with the User’s requirements. Each additional Client Access licence is charged on a one-off basis.
6.5 FRONIUS WeldCube Perfect Start The FRONIUS WeldCube Perfect Start service package covers commissioning and training and is charged on a daily basis.