Common use of PAYMENTS TO INCUMBENT Clause in Contracts

PAYMENTS TO INCUMBENT. PathNet shall pay Incumbent its allocated portion of Revenue actually received from the sale of Excess Capacity either monthly or within thirty (30) days after the end of each calendar quarter in accordance with the payment instructions set forth in SCHEDULE M. If such payments are to be made quarterly, during the quarter, until payment, PathNet shall place the Revenue due to Incumbent in an interest bearing escrow account in the name of the Incumbent.

PAYMENTS TO INCUMBENT. PathNet shall pay Incumbent its allocated portion of Revenue actually received from the sale of Excess Capacity either monthly or within thirty (30) days after the end of each calendar quarter in accordance with the payment instructions set forth in SCHEDULE M. If such payments are to be made quarterly, during the quarter, until payment, PathNet shall place the Revenue due to Incumbent in an interest bearing escrow account in the name of the Incumbent.M.

PAYMENTS TO INCUMBENT. PathNet Pathnet shall pay Incumbent its allocated portion of Revenue actually received from the sale of Excess Capacity either monthly or within thirty (30) days after the end of each calendar quarter in accordance with the payment instructions set forth in SCHEDULE M. If such payments are to be made quarterly, during the quarter, until payment, PathNet shall place the Revenue due to Incumbent in an interest bearing escrow account in the name of the Incumbent.Schedule M.