Ad Hoc Payment. The Parties acknowledge that in order to provide the Management Services under this Agreement, Party B may incur expenses and costs from time to time, and the Parties further agree that Party B may request an ad hoc payment every calendar quarter and such payment may be credited against Party A’s future payment obligations of the Management Services Fee.
Appears in 3 contracts
Samples: Management Services Agreement, Management Services Agreement (You on Demand Holdings, Inc.), Management Services Agreement (You on Demand Holdings, Inc.)
Ad Hoc Payment. The Parties acknowledge that in order to provide the Management Services under this Agreement, Party B may incur expenses and costs from time to time, and the Parties further agree that Party B from time to time may request an ad hoc payment every calendar quarter from Party A, and such payment may be credited against Party A’s future payment obligations of Services Fees payable in the Management Services Feefuture.
Appears in 1 contract
Samples: Management and Consulting Services Agreement (China Unitech Group, Inc.)
Ad Hoc Payment. The Parties acknowledge that in order to provide the Management Services under this the Agreement, Party B may incur expenses and costs from time to time, and the Parties further agree that Party B from time to time may request an ad hoc payment every calendar quarter from Party A, and such payment may be credited against Party A’s future payment obligations of Services Fees payable in the Management Services Feefuture.
Appears in 1 contract
Samples: Management and Consulting Services Agreement (Tianhe Union Holdings Ltd.)
