Channel Agreement Clause Samples

Channel Agreement. Concurrently with the execution of this Agreement, as partial consideration for the transactions contemplated hereby, QTS TRS and Buyer shall enter into a channel agreement (the “Channel Agreement”), pursuant to which Buyer shall pay to QTS TRS monthly channel fees with respect to certain Assigned Contracts that are or become Transferred to Buyer pursuant to one or more ▇▇▇▇ of Sale, Assignment and Assumption Agreements or subject to Participation Arrangements under this Agreement, as the case may be, and certain other agreements, in accordance with the terms and conditions set forth in the Channel Agreement.