Common use of The Leasing Fees Clause in Contracts

The Leasing Fees. 2.1 The Lessor and the Lessee agree and acknowledge that the leasing fees for the Leased Assets (the “Leasing Fees”) per month (“Settlement Period”) shall be determined in accordance with the Leased Assets leasing documents and confirmation sheets for the Settlement Period duly executed by the Lessor and the Lessee, and settled according to the prevailing market rates with the principle of fairness, but in any event shall not be more than the standard leasing fees charged to any third party for the same kinds of the Leased Assets and no lower than its costs. 2.2 Both the Lessor and Lessee agree and acknowledge that, the Lessee shall pay the leasing fees for the Settlement Period to the account designated by the Lessor within 30 days upon the end of each Settlement Period, and send the statement worksheet and settlement vouchers to the Lessor. The Lessor shall review the calculating procedure and results according to the documents submitted by the Lessee. In case of any error, with confirmation by both Parties, the Lessee shall make corresponding adjustments to the amount in the next Settlement Period.

Appears in 1 contract

Samples: Leasing Agreement (China Mobile LTD /Adr/)

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The Leasing Fees. 2.1 The Lessor and the Lessee agree and acknowledge that the leasing fees for the Leased Network Assets (the “Leasing Fees”) per month (“Settlement Period”) shall be determined in accordance with the Leased Assets network leasing documents and confirmation sheets for the Settlement Period duly executed by the Lessor and the Lessee, and . The Leasing Fees shall be settled according to the prevailing market rates with the principle of fairness, but in any event shall not be more than the standard leasing fees charged to any independent third party for the same kinds of the Leased Network Assets and no lower than its costs. 2.2 Both the Lessor and Lessee agree and acknowledge that, the Lessee shall pay the leasing fees for the Settlement Period to the account designated by the Lessor within 30 days upon the end of each Settlement Period, and send the statement worksheet and settlement vouchers to the Lessor. The Lessor shall will review the calculating procedure and results according to the documents submitted by the Lessee. In case of any error, with confirmation by both Parties, the Lessee shall make corresponding adjustments to the amount in the next Settlement Period.

Appears in 1 contract

Samples: Network Assets Leasing Agreement (China Mobile LTD /Adr/)

The Leasing Fees. 2.1 The Lessor and the Lessee agree and acknowledge that the leasing fees for the Leased Network Assets (the “Leasing Fees”) per month (“Settlement Period”) shall be determined in accordance with the Leased Network Assets leasing documents and confirmation sheets for the Settlement Period duly executed by the Lessor and the Lessee, and . The Leasing Fees shall be settled according to the prevailing market rates with the principle of fairness, but in any event shall not be more than the standard leasing fees charged to any third party for the same kinds of the Leased Network Assets and no lower than its costs. 2.2 Both the Lessor and Lessee agree and acknowledge that, the Lessee shall pay the leasing fees for the Settlement Period to the account designated by the Lessor within 30 days upon the end of each Settlement Period, and send the statement worksheet and settlement vouchers to the Lessor. The Lessor shall will review the calculating procedure and results according to the documents submitted by the Lessee. In case of any error, with confirmation by both Parties, the Lessee shall make corresponding adjustments to the amount in the next Settlement Period.

Appears in 1 contract

Samples: Leasing Agreement (China Mobile LTD /Adr/)

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The Leasing Fees. 2.1 The Lessor and the Lessee agree and acknowledge that the leasing fees for the Leased Network Assets (the “Leasing Fees”) per month (“Settlement Period”) shall be determined in accordance with the Leased Network Assets leasing documents and confirmation sheets for the Settlement Period duly executed by the Lessor and the Lessee, and settled according to the prevailing market rates with the principle of fairness, but in any event shall not be more than the standard leasing fees charged to any third party for the same kinds of the Leased Network Assets and no lower than its costs. 2.2 Both the Lessor and Lessee agree and acknowledge that, the Lessee shall pay the leasing fees for the Settlement Period to the account designated by the Lessor within 30 days upon the end of each Settlement Period, and send the statement worksheet and settlement vouchers to the Lessor. The Lessor shall review the calculating procedure and results according to the documents submitted by the Lessee. In case of any error, with confirmation by both Parties, the Lessee shall make corresponding adjustments to the amount in the next Settlement Period.

Appears in 1 contract

Samples: Leasing Agreement (China Mobile LTD /Adr/)

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