Payments for the License Clause Samples

Payments for the License. The Licensee shall be required to pay to the Licensor the fees and reimbursements which are set forth on Exhibit “C” which is annexed hereto and made a part hereof.
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Payments for the License. The purchase price for the license shall be ten thousand ($10,000) dollars which shall be payable by the Distributor to the Manufacturer as one time payment immediately following the Distributor’s first order.
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Payments for the License. The purchase price for the license shall be one million six hundred thousand ($1,600,000) dollars which shall be paid and payable as follows: A. Four hundred fifty thousand ($450,000) dollars which has previously been paid to the Manufacturer pursuant to the terms of the Definitive Agreement. B. The balance of one million one hundred fifty thousand ($1,150,000) dollars which shall be payable in seven (7) equal monthly installments, commencing thirty (30) days after the date of the Exercise Notice, provided, however, that if for any reason the Manufacturer has not repaid any loans made by the Distributor or any of its affiliates to the Manufacturer (the "Loans"), including, but not limited to, the Loan (as defined in Paragraph "A" of Article "2" of the Definitive Agreement), in full to Life Medical, then the unpaid principal and/or accrued and unpaid interest on the Loans shall be deducted from the one million one hundred fifty thousand ($1,150,000) due pursuant to this Paragraph "B" of this Article "4" of this Agreement, and the remainder shall be payable in seven (7) equal monthly installments; provided, however, that if any entity affiliated with Steven Cantor ("Cantor") and/or th▇ ▇▇▇▇▇▇▇▇▇▇r (▇▇▇ "▇ntity") raises funds (the "Funds") in connection with the Product, including, but not limited to, (i) pursuant to an initial or subsequent public offerings of its securities and/or (ii) through receipt of one or more investments, including, but not limited to, debt or equity, then the Manufacturer shall receive upon the receipt by the Entity of the Funds and after a deduction of the first five hundred thousand ($500,000) dollars of the Funds the lesser of (a) eighty (80%) percent of the gross Funds raised or (b) the entire balance of the one million one hundred fifty thousand ($1,150,000) dollars due to the Manufacturer, subject to a deduction of unpaid principal and/or accrued and unpaid interest on any Loans which have not been repaid in full pursuant to this Paragraph "B" of this Article "4" of this Agreement. If the Manufacturer does not receive said entire balance, then said eighty (80%) percent shall be applied ratably to the remaining monthly installments. For example, if the Entity has raised $1,500,000 in equity investments at a time when two (2) monthly installments have been paid, then the Manufacturer shall receive $800,000 (determined by multiplying $1,000,000 ($1,500,000 minus $500,000) by 80%) and the Manufacturer shall apply $160,000 (determi...
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Payments for the License. This License is conditional on the Consortium having paid to the Licensor or to any other organisation as authorised by the Licensor an upfront project development fee of Rs. 50 Million, prior to the execution of this Agreement. A further project development fee of Rs. 200 million shall be payable by the Consortium to the Licensor or to any other organisation as authorised by the Licensor within a period of 4 (four) weeks from the issuance of environmental/ coastal regulation zone clearance by the Ministry of Environment and Forests, Government of India. In the event of a default by the Consortium towards payment of the above-mentioned further project development fee, the Licensor reserves the right to recover the same from the Performance Guarantee. All the above amounts of project development fee shall be net of Service Tax, Cess or such other applicable taxes, levies as may be levied at the appropriate time.
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Payments for the License. The purchase price for the license shall be six hundred fifty thousand ($650,000) dollars which shall be payable as follows: A. three hundred fifty thousand ($350,000) dollars within sixty (60) days after the date of this Agreement; and B. the balance of three hundred thousand ($300,000) dollars shall be due one (1) year after the date of this Agreement; provided, however, that the Distributor shall pay to the Manufacturer within ten (10) days after receipt by the Distributor all gross profits (as defined below) of the Distributor, up to three hundred thousand ($300,000) dollars, derived from sales of units of the Product by the Distributor during the first Contract Year which amounts shall be applied towards the satisfaction of the balance of three hundred thousand ($300,000) dollars. For purposes of this Paragraph "B" of this Article "5", gross profits shall mean ninety (90%) percent of the following: (i) the price at which the Distributor sells the units of the Product minus (ii) the price the Distributor paid Scantek for the units of the Product. For example, if the Distributor received $2,000 for the sale of 100 units of the Product and it paid Scantek $1,100 for said 100 units of the Product, then the Distributor's gross profits shall be $810 (determined by multiplying 90% by $900 (determined by subtracting $1,100 (the price the Distributor paid Scantek for the units of the Product) from $2,000 (the price for which the Distributor sold the units of the Product)).
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Payments for the License 
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Related to Payments for the License

  • The License 3.1.1 Subject to and in accordance with the terms and conditions set forth in this Agreement, and in particular subject to the due fulfillment of all the obligations assumed towards Maha-Metro by the Licensee, Maha-Metro hereby grants and authorizes the Licensee to the following (the “Specified Purpose”) : a. To have access to Licensed Space(s) during the License Period, develop, finance, commission, operate, manage and maintain the Licensed Space(s) during the License Period at the cost and risk of the Licensee. Any development made by the Licensee on the Licensed Space(s) shall be deemed to be the property of Maha-Metro and all the rights of the Licensee in the Licensed Space(s) shall relinquish in the favour of Maha-Metro. b. Subsequent to the Fitment Period, to utilise the licensed space, at its own costs and risk, for carrying out activities stated at Point No.

  • License Fees and Royalties Consistent with the applicable U.S. DOT Common Rules, the Recipient agrees that license fees and royalties for patents, patent applications, and inventions produced with federal assistance provided through the Underlying Agreement are program income, and must be used in compliance with federal applicable requirements.

  • License Grants The licenses granted in this Section 2 are subject to the terms and conditions set forth in this ▇▇▇▇: a. Subject to Section 2(b), you may install and use the Software on a single computer; OR install and store the Software on a storage device, such as a network server, used only to install the Software on your other computers over an internal network, provided you have a license for each separate computer on which the Software is installed and run. Except as otherwise provided in Section 2(b), a license for the Software may not be shared, installed or used concurrently on different computers. b. In addition to the single copy of the Software permitted in Section 2(a), the primary user of the computer on which the Software is installed may make a second copy of the Software and install it on either a portable computer or a computer located at his or her home for his or her exclusive use, provided that: A. the second copy of the Software on the portable or home computer (i) is not used at the same time as the copy of the Software on the primary computer and (ii) is used by the primary user solely as allowed for such version or edition (such as for educational use only), B. the second copy of the Software is not installed or used after the time such user is no longer the primary user of the primary computer on which the Software is installed. c. In the event the Software is distributed along with other PremiumSoft software products as part of a suite of products (collectively, the "Studio"), the license of the Studio is licensed as a single product and none of the products in the Studio, including the Software, may be separated for installation or use on more than one computer. d. You may make one copy of the Software in machine-readable form solely for backup purposes. You must reproduce on any such copy all copyright notices and any other proprietary legends on the original copy of the Software. You may not sell or transfer any copy of the Software made for backup purposes. e. You agree that PremiumSoft may audit your use of the Software for compliance with these terms at any time, upon reasonable notice. In the event that such audit reveals any use of the Software by you other than in full compliance with the terms of this Agreement, you shall reimburse PremiumSoft for all reasonable expenses related to such audit in addition to any other liabilities you may incur as a result of such non-compliance. f. Your license rights under this ▇▇▇▇ are non-exclusive.

  • Sublicenses (a) Subject to the terms and conditions contained herein, Licensee may grant a sublicense of its rights hereunder to any of its Affiliates to use the Licensed Marks in connection with the support of the Existing Products in the Territory. Any such sublicence shall be granted solely so as to enable such Affiliates to continue to support Existing Customers use of those Existing Products on or after the date of this Agreement (each such permitted sublicensee, an “Affiliate Sublicensee”). For purpose of this Agreement, “Affiliate” is defined as any entity that, at the time of determination, directly or indirectly, through one or more intermediaries, controls, is controlled by, or is under common control with, Licensee, whether by contract, possession (directly or indirectly) of power to direct or cause the direction of the management or policies of such entity or the ownership (directly or indirectly) of securities or other interests in such entity). (b) In addition to the right to grant sublicenses pursuant to this Section 1.3, Licensee and each Affiliate Sublicensee shall be permitted to allow those resellers or distributors of the Existing Products prior to the date of this Agreement (the “Existing Resellers and Distributors”) to continue to use the Licensed Marks solely to support the use of those Existing Products by the Existing Customers to the same extent as those Existing Resellers and Distributors have been performing such obligations under the relevant agreement with Licensee or such Affiliate Sublicensee prior to the date of this Agreement. Each such agreement shall contain restrictions on the use of the Licensed Marks by the Existing Resellers and Distributors which are consistent with the restrictions contained herein. (c) Notwithstanding the grant of any sublicense hereunder, Licensee shall remain liable for any breach or default of the applicable terms and conditions of this Agreement by any of its Affiliate Sublicensees, or Existing Resellers and Distributors with respect to the Licensed Marks. The Licensee shall notify the Licensor promptly in writing upon becoming aware that the use of the Licensed Marks by any Affiliate Sublicensee or any of the Existing Resellers and Distributors is in breach of the terms of this Agreement. (d) No such Affiliate Sublicensee or Existing Reseller and Distributor shall be permitted to sublicense to any other person or entity the rights granted to it with respect to the Licensed Marks.

  • Representations and Indemnities to Survive Delivery; Third Party Beneficiaries The respective indemnities, agreements, representations, warranties and other statements of the Company, of its officers, and of the Underwriters set forth in or made pursuant to this Agreement will remain in full force and effect, regardless of any investigation made by or on behalf of the Underwriters or the Company or any of its or their partners, officers or directors or any controlling person, as the case may be, and will survive delivery of and payment for the Offered Securities sold hereunder and any termination of this Agreement.