Attachment Fees. Seller represents and warrants that it bills its CCI Attachment Fees to a majority of third party attachers to the Transferred Poles in two installments covering semi-annual periods (January 1 – June 30 and July 1 – December 31). Seller remits invoices to third party attachers on or about January 20 and July 20 of each calendar year with the balance of all CCI Attachment Fees being due and payable thirty (30) calendar days after billing. During January 2021, Seller shall send in the normal course of business its pole attachment invoices to all third party attachers with attachments on the Transferred Poles for the period January 1, 2021, through June 30, 2021. Seller shall provide to Buyer on or before February 17, 2021, a list of the invoices sent reflecting the name of the third party attacher, the number of attachments billed and amount(s) billed for the CCI Attachment Fees related to the Transferred Poles. On or before July 20, 2021: (i) Seller shall advise Buyer of the amount of the CCI Attachment Fees collected from each third party attacher on the Transferred Poles; (ii) Seller shall provide Buyer with a list of third party attachers with delinquent balances (and the amount of any delinquency); and (iii) each Party shall designate a representative to meet and discuss what portion of the CCI Attachment Fees collected by Seller relate to the period of time Buyer owned the Transferred Poles. Thereafter Seller shall pay over to Buyer on or before August 15, 2021, that portion of the CCI Attachment Fees collected by Seller attributable to Buyer’s ownership of the Transferred Poles after the Closing. The Parties further shall cooperate in good faith in deciding how to pursue collection of any delinquent CCI Attachment Fees (if any). 4.1 Date of Closing
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Attachment Fees. Seller represents and warrants that it bills its CCI Attachment Fees to a majority of third party attachers to the Transferred Poles in two installments covering semi-annual periods (January 1 – June 30 and July 1 – December 31). Seller remits invoices to third party attachers on or about January 20 and July 20 of each calendar year with the balance of all CCI Attachment Fees being due and payable thirty (30) calendar days after billing. During January 2021, Seller shall send in the normal course of business its pole attachment invoices to all third party attachers with attachments on the Transferred Poles for the period January 1, 2021, through June 30, 2021. Seller shall provide to Buyer on or before February 17, 2021, a list of the invoices sent reflecting the name of the third party attacher, the number of attachments billed and amount(s) billed for the CCI Attachment Fees related to the Transferred Poles. On or before July 20, 2021: (i) Seller shall advise Buyer of the amount of the CCI Attachment Fees collected from each third party attacher on the Transferred Poles; (ii) Seller shall provide Buyer with a list of third party attachers with delinquent balances (and the amount of any delinquency); and (iii) each Party shall designate a representative to meet and discuss what portion of the CCI Attachment Fees collected by Seller relate to the period of time Buyer owned the Transferred Poles. Thereafter Seller shall pay over to Buyer on or before August 15, 2021, that portion of the CCI Attachment Fees collected by Seller attributable to Buyer’s ownership of the Transferred Poles after the Closing. The Parties further shall cooperate in good faith in deciding how to pursue collection of any delinquent CCI Attachment Fees (if any).
4.1 Date of Closing
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