Common use of Initial Payments Clause in Contracts

Initial Payments. In consideration of the licenses granted to ---------------- IGS by RSS herein, upon execution of this Agreement, IGS shall pay RSS a non- refundable, non-recoupable, non-creditable RSS Software license fee in the amount of *** Dollars ($***) and a non-refundable, non-recoupable, non- creditable encrypted Verilog Source Code license fee in the amount *** Dollars ($***).

Appears in 5 contracts

Sources: Technology License Agreement (Tvia Inc), Technology License Agreement (Tvia Inc), Technology License Agreement (Tvia Inc)

Initial Payments. In consideration of the licenses granted to ---------------- IGS by RSS herein, upon execution of this Agreement, IGS shall pay RSS a non- refundable, non-recoupable, non-creditable RSS Software license fee in the amount of *** Dollars ($***) and a non-refundable, non-recoupable, non- creditable encrypted *** Verilog Source Code license fee in the amount *** Dollars ($***).

Appears in 1 contract

Sources: Technology License Agreement (Tvia Inc)