Settlement standard Sample Clauses

Settlement standard. The standard of the service that the Providing Party provides shall not be lower than that of the services provided by an independent third party agent developing customers for the Receiving Party in the same region. The agency fee that the Providing Party charges shall not be higher than the average fee for an independent third party agent developing customers for the Receiving Party in the same region.
Sample 1
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Settlement standard i. The settlement standard for the services under this annex is, cost of customer services mentioned above plus profit-to-cost ratio, which is no higher than 10%. ii. The above-said cost of customer services will be calculated as follows, cost per operator seat is multiplied the number of actual and effective seats. a) The cost per operator seat in economically developed metropolises, such as Beijing and Shanghai, shall be the actual cost per operator seat (as defined below) in such area for the previous year. The cost per operator seat in areas apart from those economically developed metropolises shall be the lower of the actual cost per operator seat in the same area and the nationwide (excluding Beijing and Shanghai) average of actual cost per operator seat plus 10%, in each case, for the pervious year. The actual cost per operator seat consists of wages, administration expenses, operation and maintenance expenses, equipment depreciation and premises leasing fees attributable to “10010” customer service. The actual cost per seat in a certain area shall be the product of dividing the total cost of “10010/10011” customer services in this area of the previous year by the average number of monthly operator seats of the previous year, which shall be confirmed by the audit report prepared by an external audit firm. The said auditing report and relevant supporting documents shall be submitted to the auditor hired by the Receiver. b) How to determine the actual number of effectively operating seats: the Provider shall provide the number of previous-month seats to the Receiver before the tenth day of each month. And the Receiver shall confirm the number as is provided within 5 working days based on the criteria for the customer service center as set out in the Service Standard for Telecommunication Operations (For Trial Implementation) published by the MII. And the number of effectively operating seats will be subject to the final confirmation by the Receiver.
Sample 1
Settlement standard. The service standard for the Provider shall be no inferior to that of any independent third party agency who helps to expand the subscriber base of the Receiver in the same area. And the commissions the Provider charges the Receiver shall be no higher than the average commissions such independent third party agency in the same area charges the Receiver.
Sample 1
Settlement standard. (1) The Parties shall settle the abovementioned total costs on a monthly basis (calendar month). Party B shall provide Party A with a list of services (see Annex 1) of the prior calendar month by the [20th] business day of each calendar month. Upon reconciliation of Party B’s workload and verification of the service fees as correct, Party B may deduct the corresponding amount from Party A’s advance payment. If the balance of advance payment in Party A’s account is less than RMB[10,000] (in words: RMB[ten thousand] only), Party B shall notify Party A and issue a xxxx to Party A in writing or by email, and Party A shall, before the account balance is exhausted, make up the advance payment which shall be not less than RMB[200,000] (in words: RMB[two hundred thousand] only]. Party B shall issue special VAT invoices of the corresponding amount on a quarterly basis. If any invoices issued by Party B is unqualified, Party B shall unconditionally assist Party A to issue qualified invoices. (2) If the error rate is less than or equal to 1%, the settlement shall be made according to Party B’s settlement list; or if the error rate is greater than 1%, Party A shall have the right to request the Parties to make further reconciliation and charge off the error rate as the case may be. (3) If Party A fails to pay the corresponding amount to Party B within such period as stipulated herein, Party B shall have the right to close the account or interface and will not resume the provision of service to Party A until it is confirmed that the amount payable by Party A has been received by Party B. If Party A’s payment is [seven (7)] business days overdue, Party B shall have the right to terminate this Contract and charge Party A an overdue fine at a rate of 0.05% of the unpaid amount for each overdue day, without the need for Party B to assume any liability for breach of contract. (4) Party A shall pay the project advance deposit of RMB[200,000] (in words: RMB[two hundred thousand] only] within fifteen (15) days after this Contract comes into force. Party A shall exhaust the full amount of the first advance deposit of RMB[200,000] within the validity term of this Contract. If Party A fails to do so, Party B will not refund the balance, except that such failure is caused due to reasons attributable to Party B or other Force Majeure. If the Parties decide not to continue to cooperate upon the expiration of this Contract, Party B shall refund to Party A the balance of the supplemen...
Sample 1

Related to Settlement standard

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