LICENSE FEES; PAYMENT Sample Clauses
LICENSE FEES; PAYMENT. The following shall be added after the last sentence of Section 4.1.1(c) of the VOD General Terms:
LICENSE FEES; PAYMENT. 5.1 Licensee shall pay to Licensor a license fee as determined in accordance with this Article 5 (the “License Fee”). The License Fee specified herein is a net amount unreduced by any tax, levy or charge, the payment of which shall be the responsibility of Licensee. The License Fee for each Avail Year during the Avail Term shall be the aggregate total of all Per-Program License Fees due for all Included Programs that have an Availability Date occurring during each such Avail Year, calculated as set forth below.
LICENSE FEES; PAYMENT a. As consideration for the License granted hereunder and for use and or consumption of Additional Facilities, Licensee shall pay to Licensor a License Fee computed at such rates for such services and facilities as set forth on Exhibit B. Licensee has determined in good faith, and Licensor acknowledges, that Licensee’s estimated use of the Premises and Additional Facilities, and the Estimated Total License Fee will be created by the PAC Facilitator and agreed upon by both parties upon acceptance of the Agreement.
b. License Fees shall be payable as follows:
i. One-half (50%) of the Estimated Total Fees set forth by the PAC Facilitator shall be paid upon execution of this Agreement.
ii. Remaining balance of the Estimated Total Fees for Contract shall be paid at least five (5) business days prior to Licensee’s first performance date set forth on Exhibit A.
iii. Any schedule changes in hours or dates must be received ten (10) calendar days before the first performance or a $200-400 administrative fee will be assessed to the Licensee.
iv. Upon completion of the event, the Licensor will submit a Final Invoice setting forth, in reasonable detail, the services and facilities actually provided and used hereunder, and the associated License Fees charged thereof, and payment thereon shall be due within seven (7) business days after the date of each invoice.
v. Licensee shall thereafter pay, as and when due, the License Fee balance reflected on the final invoice issued by Licensor, it being the intent of the Parties that Licensee shall be liable to pay License Fees based on the actual provision and usage of the Premises and Additional Facilities, and not based on the estimates provided initially by the Estimated Total Fees projection.
c. Notwithstanding the foregoing, Licensee shall pay Licensor- designated sound and lighting engineers directly. Licensee shall indemnify and hold Licensor harmless from and against any and all loss, cost, damage or expense (including reasonable attorney’s fees) suffered or incurred by Licensor in connection with any claim, demand, action, suit or proceeding by a Licensor-designated sound or lighting engineer alleging that Licensee has failed to pay such engineer as and when due and owing.
LICENSE FEES; PAYMENT. Licensee shall pay to Licensor the License Fee determined in accordance with this Article 6. The License Fee is a net amount unreduced by any tax, levy or charge, the payment of which shall be the responsibility of Licensee.
LICENSE FEES; PAYMENT. Licensee shall pay to Licensor a license fee as determined in accordance with this Article 4 (the “VOD License Fee”). The VOD License Fee specified herein is a net amount exclusive of and unreduced by any tax, levy or charge, the payment of which shall be the responsibility of Licensee. The VOD License Fee for each VOD Avail Year during the VOD Avail Term shall be the aggregate total of all VOD Per-Program License Fees due for all VOD Included Programs that have a VOD Availability Date occurring during each such VOD Avail Year, calculated as set forth below.
LICENSE FEES; PAYMENT. (a) In the event that *****, in accordance with Section 5(b), elects to continue to operate and use the CTi System under the terms of this User License, ***** shall promptly pay CTI the sum of Two Hundred Eighty Thousand Dollars ($280,000) as a single or one-time fee (the “License Fee”) for the user rights licensed to ***** under this User License. Upon payment of the License Fee as provided herein, the grant of user rights to ***** herein shall be fully paid-up for the Term of this User License and ***** shall have no obligation to make any other payment of license fees or royalties hereunder.
(b) Payment of the License Fee to CTI shall be (1) exclusive of sales, use or value added taxes (VAT) or the equivalent, ad valorem, personal property and other taxes assessable against *****, all of which shall be the responsibility of *****, (2) paid without notice, demand, counterclaim, setoff, deduction, abatement, deferment or proration by reason of any circumstance or occurrence, and (3) paid to CTI in immediately available U.S. Dollars, either in cash or by wire transfer to an account in CTI’s name at a bank or banking institution that it specifies to ***** from time to time.
LICENSE FEES; PAYMENT. Licensee shall pay to Licensor the VOD License Fee and the SVOD License Fee (collectively, “License Fee”) determined in accordance with this Article
LICENSE FEES; PAYMENT. Licensee shall pay to Licensor the VOD License Fee and the SVOD License Fee (collectively, “VOD/SVOD License Fee”) determined in accordance with this Article 6. Except as otherwise set forth herein or in Section 7.4 of Schedule A, the VOD/SVOD License Fee is a net amount unreduced by any tax, levy or charge, the payment of which shall be the responsibility of Licensee. VOD License Fee. For each VOD/SVOD Avail Year, the “VOD License Fee” equals the greater of (a) the aggregate total of the VOD Per-Program License Fees due for all VOD Included Programs with a VOD Availability Date in such VOD/SVOD Avail Year and (b) the VOD Annual Minimum Fee for such VOD/SVOD Avail Year.
LICENSE FEES; PAYMENT. (a) In the event that PERDUE, in accordance with Section 5(b), elects to continue to operate and use the CTi System under the terms of this User License, PERDUE shall promptly pay CTI the sum of Two Hundred Eighty Thousand Dollars ($280,000) as a single or one-time fee (the "License Fee") for the user rights licensed to PERDUE under this User License. Upon payment of the License Fee as provided herein, the grant of user rights to PERDUE herein shall be fully paid-up for the Term of this User License and PERDUE shall have no obligation to make any other payment of license fees or royalties hereunder.
(b) Payment of the License Fee to CTI shall be (1) exclusive of sales, use or value added taxes (VAT) or the equivalent, ad valorem, personal property and other taxes assessable against PERDUE, all of which shall be the responsibility of PERDUE, (2) paid without notice, demand, counterclaim, setoff, deduction, abatement, deferment or proration by reason of any circumstance or occurrence, and (3) paid to CTI in immediately available U.S. Dollars, either in cash or by wire transfer to an account in CTI's name at a bank or banking institution that it specifies to PERDUE from time to time.
LICENSE FEES; PAYMENT. Licensee shall pay to Licensor a license fee of US $15,600.00 15,600.00. The License Fee specified herein is a net amount unreduced by any tax, levy or charge, the payment of which shall be the responsibility of Licensee.