User Fee. For the use of the Teradyne and Trillium machines described in Exhibit 1, ▇▇▇▇▇▇▇▇▇ shall pay to Artest a user fee in the amount of [*] per year payable in equal monthly installments beginning on the date of the execution of this Agreement. The user fee shall be payable on or before the third day of each month. Any hours used in excess of the amounts listed in section 7 shall be billed at "most favorable price" offered by Artest to other customers but in no event are to exceed [*]/hour for Teradyne and [*]/hour for Trillium.
Appears in 2 contracts
Sources: Equipment Purchase and Engineering Test Services Agreement (Artest Corp), Equipment Purchase and Engineering Test Services Agreement (Artest Corp)
User Fee. For the use of the Teradyne and Trillium machines described in Exhibit 1, ▇▇▇▇▇▇▇▇▇ shall pay to Artest a user fee in the amount of [*] per year payable in equal monthly installments beginning on the date of the execution of this Agreement. The user fee shall be payable on or before the third day of each month. Any hours used in excess of the amounts listed in section 7 shall be billed at "most favorable price" offered by Artest to other customers but in no event are to exceed [*]/hour for Teradyne and [*]/hour for Trillium.
Appears in 1 contract
Sources: Equipment Purchase and Engineering Test Services Agreement (Artest Corp)