Pro-rated Fees. Within thirty (30) days after the issuance of a permit for the installation of additional footage of Conduit(s), if such installation subjects PAETEC to an annual fee pursuant to Section 21.2.3 or Section 21.2.4 above (if applicable), PAETEC will pay a pro-rated portion of the annual fee, as adjusted, per linear foot for that section of its expanded route. The prorated annual fee shall be determined by multiplying the annual footage fee, as adjusted, for the year of payment, by a fraction, the numerator of which is the number of full months between the month of issuance of the permit and the next following anniversary date of this Agreement and the denominator of which is twelve (12).
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Samples: License and Right, License and Right
Pro-rated Fees. Within thirty (30) days after the issuance of a permit for the installation of additional footage of Conduit(s)) and/or fiber, if such installation subjects PAETEC Alluvion to an annual fee pursuant to Section 21.2.3 or Section 21.2.4 above (if applicable), PAETEC Alluvion will pay a pro-rated portion of the annual fee, as adjusted, per linear foot for that section of its expanded route. The prorated annual fee shall be determined by multiplying the annual footage fee, as adjusted, for the year of payment, by a fraction, the numerator of which is the number of full months between the month of issuance of the permit and the next following anniversary date of this Agreement and the denominator of which is twelve (12).
Appears in 1 contract
Samples: License and Right
Pro-rated Fees. Within thirty (30) days after the issuance of a permit for the installation of additional footage of Conduit(s), if such installation subjects PAETEC XXX to an annual fee pursuant to Section 21.2.3 or Section 21.2.4 above (if applicable), PAETEC XXX will pay a pro-rated portion of the annual fee, as adjusted, per linear foot for that section of its expanded route. The prorated annual fee shall be determined by multiplying the annual footage fee, as adjusted, for the year of payment, by a fraction, the numerator of which is the number of full months between the month of issuance of the permit and the next following anniversary date of this Agreement and the denominator of which is twelve (12).
Appears in 1 contract
Samples: License and Right