Common use of Revenue Sharing and Fee Settlement Clause in Contracts

Revenue Sharing and Fee Settlement. 1. Party A and Party B shall cooperate to provide WAP service to Party A’s customers, and both parties are entitled to reasonable revenue which shall be calculated based on the data generated in Party A’s billing system. 2. Fee settlement under this Agreement is applicable only to nationwide services provided by Party B on Party A’s WAP main website, not to the local services provided by Party B at Party A’s local websites. 3. Communication fees for use of Party A’s network resources to access WAP services shall be solely owned by Party A. 4. The term of fee settlement shall commence as of the commencement of this project and end at the expiration of this Agreement. 5. Party A’s billing system generates the fee receivable from its customers for use of Party B’s services on Monternet WAP main website, of which 15% shall be Party A’s revenue of information fee, and the remaining 85% be paid to Party B. 6. Prior to the twentieth (20) day of each month, Party A shall notify Party B of the revenue amount (in which, already deducted compensation entitled by Party A for collecting the information fee on behalf of Party B) payable to Party B in the preceding month, and Party B shall issue a legitimate invoice according to this amount to Party A. 7. Within ten (10) business days after its receipt of such invoice, Party A shall remit the amount payable to Party B in the preceding month to Party B’s designated account after audit check. 8. Party A and Party B shall pay any tax arising from WAP business revenue respectively. 9. The fee settlement between Party A and Party B shall be based on the data generated in Party A’s billing system. If Party B has doubts on such data, Party A may provide a detailed schedule of telephone fees and assist Party B to identify the cause therefore. However, no adjustment shall be made to the settled amount for such month. 10. Party B shall provide its accurate bank account and related information to Party A: Name of Beneficiary: Beijing Enterprise Network Technology Co., Ltd.

Appears in 1 contract

Samples: Cooperation Agreement (Hurray! Holding Co., Ltd.)

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Revenue Sharing and Fee Settlement. 1. Party A and Party B shall cooperate to provide WAP service to Party A’s customers, and both parties are entitled to reasonable revenue which shall be calculated based on the data generated in Party A’s billing system. 2. Fee settlement under this Agreement is applicable only to nationwide services provided by Party B on Party A’s WAP main website, not to the local services provided by Party B at Party A’s local websites. 3. Communication fees for use of Party A’s network resources to access WAP services shall be solely owned by Party A. 4. The term of fee settlement shall commence as of the commencement of this project and end at the expiration of this Agreement. 5. Party A’s billing system generates the fee receivable from its customers for use of Party B’s services on Monternet WAP main website, of which 15% shall be Party A’s revenue of information fee, and the remaining 85% be paid to Party B. 6. Prior to the twentieth (20) 20th day of each month, Party A shall notify Party B of the revenue amount (in which, already deducted compensation entitled by Party A for collecting the information fee on behalf of Party B) payable to Party B in the preceding month, and Party B shall issue a legitimate an invoice according to this amount in the category of service fee to Party A. 7. Within ten (10) 5 business days after its receipt of such invoice, Party A shall remit the amount payable to Party B in the preceding month to Party B’s designated account after audit checkaccount. 8. Party A and Party B shall pay any tax arising from WAP business revenue respectively. 9. The fee settlement between Party A and Party B shall be based on the data generated in Party A’s billing system. If Party B has doubts on such data, Party A may provide a detailed schedule of telephone fees and assist Party B to identify the cause therefore. However, no adjustment shall be made to the settled amount for such month. 10. Party B shall provide its accurate bank account and related information to Party A: Name of Beneficiary: Beijing Enterprise Network Hutong Wuxian Technology Co., Ltd.

Appears in 1 contract

Samples: Cooperation Agreement (Hurray! Holding Co., Ltd.)

Revenue Sharing and Fee Settlement. (1. ) Party A and Party B shall cooperate to provide WAP service services to Party A’s 's customers, and both parties are entitled to reasonable revenue which revenue. The fee settlement shall be calculated based on the data generated in statistics from Party A’s billing 's charging system. (2. Fee ) This fee settlement under this Agreement is applicable only limited to nationwide the nation-wide services provided by Party B on the WAP main site of Party A’s WAP main website, and does not to include the local services provided by Party B at on the local websites of Party A. (3) Party A shall be entitled to the communication fees arising from Party A’s local websites. 3. Communication fees customers for their use of Party A’s network resources to access WAP services shall be solely owned by on the network of Party A. (4. ) The term of fee settlement shall commence as of start from the commencement beginning of this project and end at the expiration of when this Agreementagreement expires or is terminated. (5. ) Party A’s billing system generates A shall, through its network-wide fee-calculation service system, collect the fee receivable from its customers fees for use of Party B’s providing services on the Mobile Monternet WAP main websitesite, 15% of which 15% shall be taken by Party A’s revenue of information fee, and while the remaining 85% shall be paid to Party B. (6. Prior to the twentieth (20) day of each month, Party A shall notify before the 20th day of every month inform Party B of the revenue amount income to which Party B is entitled for the previous month (in which, already deducted compensation entitled by Party A for collecting deducting the information fee on behalf of receivable by Party B) payable to Party B in the preceding month, and A). Party B shall issue make out a legitimate formal invoice according to this amount to Party A.A based on Party A’s information. (7. Within ten (10) business days Party A shall, after its receipt of such invoicethe invoice and after verifying that the invoice contains no errors, Party A shall remit the amount payable to fees receivable by Party B in to its appointed bank account within 10 working days, based on the preceding month to account information provided by Party B’s designated account after audit check.B. 8. (8) Party A and Party B shall pay any tax taxes arising from out of the WAP business service revenue respectively. (9. The fee ) Fee settlement between Party A and Party B shall be is based on the data generated in Party A’s billing 's calculating system. If Party B has doubts on such datadissents to the calculation result, Party B may request for verification and Party A may provide a detailed schedule of telephone fees and shall assist Party B to identify examine the cause therefore. Howeverreasons of problems, no adjustment shall however, the fee settlement of this month will not be made to the settled amount for such monthadjusted. (10. ) Party B shall provide Party A with its accurate bank account and related information to Party Ainformation: Name of Beneficiary: Beijing Enterprise Network Technology AirInbox Information Technologies Co., Ltd.Ltd Opening Bank: Beijing Capital Stadium Branch, Industrial and Commercial Bank of China Account No.: 0200053719200031688

Appears in 1 contract

Samples: Cooperation Agreement (Kongzhong Corp)

Revenue Sharing and Fee Settlement. (1. ) Party A and Party B shall cooperate to provide WAP service to Party A’s 's customers, and both parties are entitled to reasonable revenue which revenue. The settlement shall be calculated based on counted according to the data generated in statistics from Party A’s billing 's charging system. (2. Fee ) This fee settlement under this Agreement is applicable only limited to nationwide the services provided by Party B on the WAP main site of Party A’s WAP main website, not to including the local services provided by Party B at Party A’s in the local websites.area of party B. (3. Communication fees ) The communication fee arising from the customers for their use of WAP service on the network of Party A’s network resources to access WAP services A shall be solely owned possessed by Party A. (4. ) The term of fee settlement shall commence as of be started from the commencement beginning of this project and end at the expiration of ended when this Agreementagreement is expired or terminated. (5. ) Party A’s billing system generates A shall, through its network-wide fee-calculation service system, figure out the information fee receivable from its customers for use of Party B’s services on Monternet WAP main website's services, 15% of which 15% shall be taken by Party A’s revenue of information fee, and while the remaining 85% shall be paid to Party B. (6. Prior to the twentieth (20) day of each month, Party A shall notify Party B of the revenue amount income last month before 20th day of every month (in which, already deducted compensation entitled by Party A for collecting deducting the information fee on behalf of receivable by Party B) payable to Party B in the preceding month, and A). Party B shall issue a legitimate make out an "service" invoice according to this amount to Party A.A in accordance with such income. (7. Within ten (10) business days after its After receipt of such the invoice, Party A shall remit the amount payable to fee receivable by Party B in the preceding month to its appointed bank account within 5 working days, pursuant to information provided by Party B’s designated account after audit check.B. 8. (8) Party A and Party B shall pay any tax taxes arising from out of the WAP business service revenue respectively. (9. The fee ) Fee settlement between Party A and Party B shall be based on the data generated in is depending upon Party A’s billing 's calculating system. If Party B has doubts on such datadissents to the calculation result, Party A may provide a detailed schedule of telephone fees supply the detail communication list to Party B and assist Party B to identify exam the cause therefore. Howeverreasons of problems, no adjustment shall however, the fee settlement of this month will not be made to the settled amount for such monthadjusted. (10. ) Party B shall provide Party A with its accurate bank account and related information to Party Ainformation: Name of Beneficiary: Beijing Enterprise Network Technology AirInBox Information Technologies Co., Ltd.Ltd Opening Bank: Beijing Capital Stadium Branch, Industrial and Commercial Bank of China Account No.: 0200053719200031688

Appears in 1 contract

Samples: Cooperation Agreement (Kongzhong Corp)

Revenue Sharing and Fee Settlement. (1. ) Party A and Party B shall cooperate to provide WAP service to Party A’s 's customers, and both parties are entitled to reasonable revenue which revenue. The settlement shall be calculated based on counted according to the data generated in statistics from Party A’s billing 's charging system. (2. Fee ) This fee settlement under this Agreement is applicable only limited to nationwide the services provided by Party B on the WAP main site of Party A’s WAP main website, not to including the local services provided by Party B at Party A’s in the local websites.area of party B. (3. Communication fees ) The communication fee arising from the customers for their use of WAP service on the network of Party A’s network resources to access WAP services A shall be solely owned possessed by Party A. (4. ) The term of fee settlement shall commence as of be started from the commencement beginning of this project and end at the expiration of ended when this Agreementagreement is expired or terminated. (5. ) Party A’s billing system generates A shall, through its network-wide fee-calculation service system, figure out the information fee receivable from its customers for use of Party B’s services on Monternet WAP main website's services, 15% of which 15% shall be taken by Party A’s revenue of information fee, and while the remaining 85% shall be paid to Party B. (6. Prior to the twentieth (20) day of each month, Party A shall notify Party B of the revenue amount income last month before 20th day of every month (in which, already deducted compensation entitled by Party A for collecting deducting the information fee on behalf of receivable by Party B) payable to Party B in the preceding month, and A). Party B shall issue a legitimate make out an "service" invoice according to this amount to Party A.A in accordance with such income. (7. Within ten (10) business days after its After receipt of such the invoice, Party A shall remit the amount payable to fee receivable by Party B in the preceding month to its appointed bank account within 8 working days, pursuant to information provided by Party B’s designated account after audit check.B. 8. (8) Party A and Party B shall pay any tax taxes arising from out of the WAP business service revenue respectively. (9. The fee ) Fee settlement between Party A and Party B shall be based on the data generated in is depending upon Party A’s billing 's calculating system. If Party B has doubts on such datadissents to the calculation result, Party A may provide a detailed schedule of telephone fees supply the detail communication list to Party B and assist Party B to identify exam the cause therefore. Howeverreasons of problems, no adjustment shall however, the fee settlement of this month will not be made to the settled amount for such monthadjusted. (10. ) Party B shall provide Party A with its accurate bank account and related information to Party Ainformation: Name of Beneficiary: Beijing Enterprise Network Technology AirInBox Information Technologies Co., Ltd.Ltd Opening Bank: Beijing Capital Stadium Branch, Industrial and Commercial Bank of China Account No.: 0200053719200031688

Appears in 1 contract

Samples: Cooperation Agreement (Kongzhong Corp)

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Revenue Sharing and Fee Settlement. 1. Party A and Party B shall cooperate to provide WAP service to Party A’s customers, and both parties are entitled to reasonable revenue which shall be calculated based on the data generated in Party A’s billing system. 2. Fee settlement under this Agreement is applicable only to nationwide services provided by Party B on Party A’s WAP main website, not to the local services provided by Party B at Party A’s local websites. 3. Communication fees for use of Party A’s network resources to access WAP services shall be solely owned by Party A. 4. The term of fee settlement shall commence as of the commencement of this project and end at the expiration of this Agreement. 5. Party A’s billing system generates the fee receivable from its customers for use of Party B’s services on Monternet WAP main website, of which 15% shall be Party A’s revenue of information fee, and the remaining 85% be paid to Party B. 6. Prior to the twentieth (20) day of each month, Party A shall notify Party B of the revenue amount (in which, already deducted compensation entitled by Party A for collecting the information fee on behalf of Party B) payable to Party B in the preceding month, and Party B shall issue a legitimate invoice according to this amount to Party A. 7. Within ten (10) business days after its receipt of such invoice, Party A shall remit the amount payable to Party B in the preceding month to Party B’s designated account after audit check. 8. Party A and Party B shall pay any tax arising from WAP business revenue respectively. 9. The fee settlement between Party A and Party B shall be based on the data generated in Party A’s billing system. If Party B has doubts on such data, Party A may provide a detailed schedule of telephone fees and assist Party B to identify the cause therefore. However, no adjustment shall be made to the settled amount for such month. 10. Party B shall provide its accurate bank account and related information to Party A: Name of Beneficiary: Beijing Enterprise Network Hutong Wuxian Technology Co., Ltd.

Appears in 1 contract

Samples: Cooperation Agreement (Hurray! Holding Co., Ltd.)

Revenue Sharing and Fee Settlement. 1. Party A and Party B shall cooperate to provide WAP service to Party A’s customers, and both parties are entitled to reasonable revenue which shall be calculated based on the data generated in Party A’s billing system. 2. Fee settlement under this Agreement is applicable only to nationwide services provided by Party B on Party A’s WAP main website, but not applicable to the local services provided by Party B at Party A’s local websites. 3. Communication fees for use of Party A’s network resources to access WAP services shall be solely owned by Party A. 4. The term of fee settlement shall commence as of the commencement of this project and end at the expiration of this Agreement. 5. Party A’s billing system generates the fee receivable from its customers for use of Party B’s services on the Monternet WAP main website, of which 15% shall be Party A’s revenue of as information fee, and the remaining 85% be paid to Party B. 6. Prior to the twentieth (20) 20th day of each month, Party A shall notify Party B of the revenue amount (in which, already deducted compensation entitled by Party A for collecting the information fee on behalf of Party B) payable to Party B in the preceding month, and Party B shall issue a legitimate an invoice according to this amount in the category of service fee to Party A. 7. Within ten (10) 5 business days after its receipt of such invoice, Party A shall remit the amount payable to Party B in the preceding month to Party B’s designated account after audit checkaccount. 8. Party A and Party B shall pay any tax arising from WAP business revenue respectively. 9. The fee settlement between Party A and Party B shall be based on the data generated in Party A’s billing system. If Party B has doubts on such data, Party A may provide a detailed schedule of telephone fees and assist Party B to identify the cause therefore. However, no adjustment shall be made to the settled amount for such month. 10. Party B shall provide its accurate bank account and related information to Party A: Name of Beneficiary: Beijing Enterprise Network Hutong Wuxian Technology Co., Ltd.Ltd. Opening Bank: China Construction Bank Account No. 2610026225

Appears in 1 contract

Samples: Cooperation Agreement (Hurray! Holding Co., Ltd.)

Revenue Sharing and Fee Settlement. (1. ) Party A and Party B shall cooperate to provide WAP service to Party A’s 's customers, and both parties are entitled to reasonable revenue which revenue. The settlement shall be calculated based on counted according to the data generated in statistics from Party A’s billing 's charging system. (2. Fee ) This fee settlement under this Agreement is applicable only limited to nationwide the services provided by Party B on the WAP main site of Party A’s WAP main website, not to including the local services provided by Party B at in the local area of Party A’s local websites.B. (3. Communication fees ) The communication fee arising from the customers for their use of WAP service on the network of Party A’s network resources to access WAP services A shall be solely owned possessed by Party A. (4. ) The term of fee settlement shall commence as of be started from the commencement beginning of this project and end at the expiration of ended when this Agreementagreement is expired or terminated. (5. ) Party A’s billing system generates A shall figure out the information fee receivable from its customers for use of Party B’s services on Monternet WAP main website's services, 15% of which 15% shall be taken by Party A’s revenue of information fee, and while the remaining 85% shall be paid to Party B. (6. Prior to the twentieth (20) day of each month, Party A shall notify Party B of the revenue amount income last month before 20th day of every month (in which, already deducted compensation entitled by Party A for collecting deducting the information fee on behalf of receivable by Party B) payable to Party B in the preceding month, and A). Party B shall issue a legitimate make out an "service" invoice according to this amount to Party A.A in accordance with such income. (7. Within ten (10) business days after its After receipt of such the invoice, Party A shall remit the amount payable to fee receivable by Party B in the preceding month to its appointed bank account within 5 working days, pursuant to information provided by Party B’s designated account after audit check.B. 8. (8) Party A and Party B shall pay any tax taxes arising from out of the WAP business service revenue respectively. (9. The fee ) Fee settlement between Party A and Party B shall be based on the data generated in is depending upon Party A’s billing 's calculating system. If Party B has doubts on such datadissents to the calculation result, Party A may provide a detailed schedule of telephone fees supply the detail communication list to Party B and assist Party B to identify exam the cause therefore. Howeverreasons of problems, no adjustment shall however, the fee settlement of this month will not be made to the settled amount for such monthadjusted. (10. ) Party B shall provide Party A with its accurate bank account and related information to Party Ainformation: Name of Beneficiary: Beijing Enterprise Network Technology AirInBox Information Technologies Co.,Ltd Opening Bank: De Wai sub-branch, Ltd.Xin Xxx Xxx Branch, Industrial and Business Bank of China.

Appears in 1 contract

Samples: Cooperation Agreement (Kongzhong Corp)

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