Common use of Fees Payments Clause in Contracts

Fees Payments. Licensee shall pay to Licensor, with respect to each DHE Included Program, each of the following (together, “DHE License Fees”) 8.1 The Servicing Fees described below; and 8.2 The “DHE Total Actuals,” which are the sum total of each and every DHE Distributor Price for each and every DHE Customer Transaction without deduction, withholding or offset of any kind; provided, however, that (i) bona fide Technical Credits in an amount not to exceed 1% of the proceeds of all DHE Customer Transactions in any month shall not count as DHE Customer Transactions for the purpose of calculating DHE Total Actuals for such month, and (ii) Licensee may deduct the amount of any Withdrawn Program Credits in an amount not to exceed 1% of the proceeds of all DHE Customer Transactions issued during the applicable calendar month in order to arrive at the DHE Total Actuals for such month.

Appears in 3 contracts

Sources: Vod & Dhe License Agreement, Vod & Dhe License Agreement, Vod & Dhe License Agreement