Fixed Price Amount and Payment Terms. The Project Management Fixed Price Amount set forth in the table below will be paid for each Site in accordance with this Section 2.1. -------------------------------------------------------------------------------- Work Unit Percentage Fixed Price per Site Amount ID of Project Management Fixed Price Amount -------------------------------------------------------------------------------- Normal-Area Site Medium-Area Site Wide-Area Site -------------------------------------------------------------------------------- M1 90% [*****] [*****] [*****] -------------------------------------------------------------------------------- M2 10% [*****] [*****] [*****] -------------------------------------------------------------------------------- Project 100% [*****] [*****] [*****] Management Fixed Price Amount -------------------------------------------------------------------------------- ***** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. (a) M1: Ninety percent (90%) of the Project Management Fixed Price Amount shall be payable in equal monthly installments ("Work Unit M1") based on the estimated site count of 1,578 Sites (for all Cities) amortized over the term of the Contract and is subject to a one-time final adjustment upon the "Project Completion Date" (defined as the date upon which all Cities have achieved Acceptance and all Work has been satisfactorily completed ***** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. in accordance with the requirements of the Contract) pursuant to Section 2.1.2 below. The total monthly installment for all Sites across all Cities is equal to: (1, 578 Sites x[*****])/N months (where N equals the number of full months from Notice to Proceed to[*****]). Payment for such monthly installment shall commence on the first full month following the date a Notice to Proceed is deemed to be issued pursuant to Article 3.2 of the Terms and Conditions.
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Samples: Contract for Engineering and Construction of Terrestrial Repeater Network System (Xm Satellite Radio Holdings Inc), Contract for Engineering and Construction (Xm Satellite Radio Holdings Inc), Contract for Engineering and Construction (Xm Satellite Radio Holdings Inc)
Fixed Price Amount and Payment Terms. The Project Management Fixed Price Amount set forth in the table below will be paid for each Site in accordance with this Section 2.1. -------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- Work Unit Percentage of Fixed Price per Site Amount ID of Project Management Fixed Price Amount -------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- Normal-Area Site Medium-Area Site Wide-Area Site -------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- M1 90% [*****[ ] [*****] [*****] -------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- M2 10% [*****[ ] [*****] [*****] -------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- Project 100% [*****] [*****] [*****[ ] Management Fixed Price Amount -------------------------------------------------------------------------------- ***** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.--------------------------------------------------------------------------------------------------------------------------------- 5 207 CONFIDENTIAL
(a) M1: Ninety percent (90%) of the Project Management Fixed Price Amount shall be payable in equal monthly installments ("Work Unit M1") based on the estimated site count of 1,578 Sites (for all Cities) amortized over the term of the Contract and is subject to a one-time final adjustment upon the "Project Completion Date" (defined as the date upon which all Cities have achieved Acceptance and all Work has been satisfactorily completed ***** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. in accordance with the requirements of the Contract) pursuant to Section 2.1.2 below. The total monthly installment for all Sites across all Cities is equal to:
(1, 578 Sites x[*****])/N x [ ]/N months (where N equals the number of full months from Notice to Proceed to[*****]). to [ ] Payment for such monthly installment shall commence on the first full month following the date a Notice to Proceed is deemed to be issued pursuant to Article 3.2 of the Terms and Conditions.
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