Common use of MONTHLY ROYALTIES Clause in Contracts

MONTHLY ROYALTIES. Within five (5) business days following the Commencement Date and by the first day of each month thereafter throughout the Term, Clearwire will pay Licensee a monthly royalty (as it may be adjusted pursuant to Section 2(c)(i) and (ii), the "MONTHLY ROYALTIES") as shown in the following table. The Monthly Royalty due for any partial calendar month, at the commencement of the Commencement Date or expiration of the Term, shall be prorated. If the FCC grant of the De facto Transfer Authorization is stayed by the FCC or by any Federal court on appeal of the FCC's grant, and such stay precludes the provision of the capacity of the Channels during its effective period, no Monthly Royalties shall be paid during the period of that legal incapacity, and for any period of such incapacity that lasts for less than a full calendar month, the Monthly Royalty for that month shall be pro rated. YEAR IN WHICH ROYALTY IS PAID MONTHLY ROYALTIES (13) ----------------------------- ---------------------- 2006-2010 $__________ 2011-2015 $__________ 2016-2020 $__________ 2021-2025 $__________ 2026-2030 $__________ 2031-2036 $__________

MONTHLY ROYALTIES. Within five (5) business days following the Commencement Date and by the first day of each month thereafter throughout the Term, Clearwire will pay Licensee a monthly royalty (as it may be adjusted pursuant to Section 2(c)(i) and (ii), the "MONTHLY ROYALTIES") as shown in the following table. The Monthly Royalty due for any partial calendar month, at the commencement of the Commencement Date or expiration of the Term, shall be prorated. If the FCC grant of the De facto Transfer Authorization is stayed by the FCC or by any Federal court on appeal of the FCC's grant, and such stay precludes the provision of the capacity of the Channels during its effective period, no Monthly Royalties shall be paid during the period of that legal incapacity, and for any period of such incapacity that lasts for less than a full calendar month, the Monthly Royalty for that month shall be pro rated. MONTHLY YEAR IN WHICH ROYALTIES ROYALTY IS PAID MONTHLY ROYALTIES (1310) ----------------------------- ---------------------- --------------- --------- 2006-2010 $__________ 2011-2015 $__________ 2016-2020 $__________ 2021-2025 $__________ 2026-2030 $__________ 2031-2036 $___________ ---------- (9) Ditto.