Common use of Initial Annual Fee Clause in Contracts

Initial Annual Fee. Unless otherwise waived according to the provisions of 22.1(b)(i), 22.1(b)(iv) or otherwise, the initial Annual Fee payment will be due and payable within 30 days after preliminary engineering work has been accepted by both parties and shall be based upon the estimated number of duct feet and aerial feet to be utilized by Grantee over the remainder of the calendar year.

Appears in 4 contracts

Samples: Agreement (RCN Corp /De/), Agreement (Globix Corp), Northeast Optic Network Inc

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Initial Annual Fee. Unless otherwise waived according to the provisions of 22.1(b)(i), 22.1(b)(iv) or otherwise, the initial Annual Fee payment will be due and payable within 30 days after preliminary engineering work has been accepted by both parties and shall be based upon the estimated number of duct feet and aerial feet to be utilized by Grantee NECOM over the remainder of the calendar year.

Appears in 2 contracts

Samples: Purchase Money Security Agreement (Northeast Optic Network Inc), Purchase Money Security Agreement (Northeast Optic Network Inc)

Initial Annual Fee. Unless otherwise waived according to the provisions of 22.1(b)(i), 22.1(b)(iv) or otherwise, the initial Annual Fee payment will be due and payable within 30 days after preliminary engineering work has been accepted by both parties and shall be based upon the estimated number of duct feet and aerial feet to be utilized by Grantee NEON Optica over the remainder of the calendar year.

Appears in 2 contracts

Samples: Agreement (RCN Corp /De/), Globix Corp

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Initial Annual Fee. Unless otherwise waived according to the provisions of 22.1(b)(i), 22.1(b)(iv) or otherwise, the The initial Annual Fee payment will be due and payable within 30 days after preliminary engineering work has been accepted by both parties and shall be based upon the estimated number of duct feet and aerial feet to be utilized by the Grantee over the remainder of the calendar year.

Appears in 1 contract

Samples: Duct Agreement (Northeast Optic Network Inc)

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