Common use of Settlement Cycle Clause in Contracts

Settlement Cycle. The settlement cycle is T+1 month upon Party A’s receipt of the information fee from which a certain percentage has already been distributed to China Mobile; taking January as an example, if Party A receives the after-Mobile-shared information fee in March (Month T), Party A shall post to Party B the settlement data of January by the 25th of April (T+1 month), and Party B may log in to the “Partner Service System” provided by Party A to see the settlement statement.

Settlement Cycle. The settlement cycle is T+1 month upon Party A’s receipt of the after-China Mobile-shared information fee from which a certain percentage has already been distributed to China Mobile; taking January as an example, if Party A receives the after-China Mobile-shared information fee in March (Month T), Party A shall post to Party B the settlement data of January by the 25th of April (T+1 month), and Party B may log in to the “Partner Service System” provided by Party A to see check the settlement statement.

Settlement Cycle. The settlement cycle is T+1 month upon Party A’s receipt of the information fee from which a certain percentage has already been distributed to China MobileTelecom; taking January as an example, if Party A receives the after-MobileTelecom-shared information fee in March (Month T), Party A shall post to Party B the settlement data of January by the 25th of April (T+1 month), and Party B may log in to the “Partner Service System” provided by Party A to see the settlement statement.

Settlement Cycle. The settlement cycle is T+1 month upon Party A’s receipt of the after-China Telecom-shared information fee from which a certain percentage has already been distributed to China MobileTelecom; taking January as an example, if Party A receives the after-MobileChina Telecom-shared information fee in March (Month T), Party A shall post to Party B the settlement data of January by the 25th of April (T+1 month), and Party B may log in to the “Partner Service System” provided by Party A to see check the settlement statement.