Common use of Payment of Net DMX Revenues Clause in Contracts

Payment of Net DMX Revenues. (a) Net DMX Revenues will be remitted to the Company monthly in arrears for each calendar month. Each monthly payment will be made by the end of the calendar month immediately following the calendar month for which Net DMX Revenues are being remitted. At the time of each payment, the Company will be given a statement setting forth in reasonable detail TCI's calculation of Net DMX Revenues for the month in question.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (DMX Inc), Form of Contribution Agreement (Tele Communications Inc /Co/), Contribution Agreement (Tele Communications Inc /Co/)

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