Common use of Notification Day Clause in Contracts

Notification Day. 1.1 The TA will deliver a signed letter (Attachment 2) together with the Traffic Report in the form of computer diskette to the Intermediary by hand. The Intermediary will acknowledge receipt of the Traffic Report on a confidential basis by countersigning the letter by an authorised signatory upon hand delivery. The Traffic Report serves as the authorised instruction to issue Invoices for the collection of USC from CPs and transfer of such proceeds to PCCWHKTC Account. 1.2 Based on the USC per minute rate for category A and B traffic (which rates are included in the Traffic Report) and the Traffic Report provided by the TA, the Intermediary will calculate the USC due from each CP for each category respectively. For CPs who have failed to report traffic punctually, the Intermediary will estimate their traffic volume based on previous month’s data plus a factor of 10% per month growth rate.

Notification Day. 1.1 The TA will deliver a signed letter (Attachment 2) together with the Traffic Report in the form of computer diskette to the Intermediary by hand. The Intermediary will acknowledge receipt of the Traffic Report on a confidential basis by countersigning the letter by an authorised authorized signatory upon hand delivery. The Traffic Report serves as the authorised authorized instruction to issue Invoices for the collection of USC from CPs and transfer of such proceeds to PCCWHKTC Account. 1.2 Based on the USC per minute rate for category A and B traffic (which rates are included in the Traffic Report) and the Traffic Report provided by the TA, the Intermediary will calculate the USC due from each CP for each category respectively. For CPs who have failed to report traffic punctually, the Intermediary will estimate their traffic volume based on previous month’s data plus a factor of 10% per month growth rate.

Notification Day. 1.1 The TA will deliver a signed letter (Attachment 2) together with the Traffic Report in the form of computer compact diskette with WinZip encryption to the Intermediary by hand. The Intermediary will acknowledge receipt of the Traffic Report on a confidential basis by countersigning the letter by an authorised signatory upon hand delivery. The Traffic Report serves as the authorised instruction to issue Invoices for the collection of USC from CPs and transfer of such proceeds to PCCWHKTC Account. 1.2 Based on the USC per minute rate for category A and B traffic (which rates are included in the Traffic Report) and the Traffic Report provided by the TA, the Intermediary will calculate the USC due from each CP for each category respectively. For CPs who have failed to report traffic punctually, the Intermediary will estimate their traffic volume based on previous month’s data plus a factor of 10% per month growth rate.