Common use of Payments to Licensor Clause in Contracts

Payments to Licensor. In consideration of the granting of the aforementioned rights, Licensee shall pay Licensor the percentages of the price(s) indicated in Appendix A for all sales made by Licensee during the term of this Agreement. In the event that any fees are paid directly to Licensor by End-User for any licenses or consulting services sold by Licensee, Licensor shall remit to Licensee the appropriate percentage of such fees, as specified in paragraph 4.1 and Appendix A, within thirty (30) days following receipt of such fees from End-User. Licensor's obligation to pay Licensee, and Licensee's obligation to pay Licensor, such fees shall survive the expiration or earlier termination of this Agreement Licensee may request price modification from Licensor and Licensor shall review any price modification requests but may withhold, approval of any price modification that is requested, but such decision to withhold approval shall not be unreasonable.

Appears in 2 contracts

Sources: Master Software License Agreement, Master Software License Agreement (Us Dataworks Inc)