Common use of Technology Access Fees Clause in Contracts

Technology Access Fees. The parties acknowledge that, to implement the Agreement, as modified by this Amendment, ▇▇▇▇▇▇.▇▇▇ requires, and shall have, access to unique technologies owned by RealSelect and incorporated into the Web Sites and the servers hosting the Web Sites. As consideration for its access to these unique technologies, subject to Section 6 above, ▇▇▇▇▇▇.▇▇▇ shall pay to RealSelect a monthly technology access fee (collectively, the "Technology Access Fees") in accordance with the following schedule: (i) for the twelve (12) month period commencing on June 30, 1999, [*] per month; (ii) for the twelve (12) month period commencing on June 30, 2000, [*] per month; and (iii) for the balance of the Initial Term, [*] per month. ▇▇▇▇▇▇.▇▇▇ shall make payments of all Technology Access Fees net thirty (30) days from the end of the month for which such payment was due.