Billing for and Payment of Pole Attachment and Conduit Occupancy Fees Sample Clauses
This clause establishes the procedures and obligations for billing and payment related to fees for attaching equipment to utility poles and occupying conduit space. It typically outlines how and when invoices are issued, the timeframe for payment, and the types of fees covered, such as recurring rental charges or one-time installation costs. By clearly defining the financial responsibilities and payment processes, the clause ensures timely compensation for the utility owner and helps prevent disputes over billing or unpaid fees.
Billing for and Payment of Pole Attachment and Conduit Occupancy Fees. Pole Attachment and conduit occupancy fees under this Agreement and licenses subject to this Agreement shall be payable semiannually in advance.
(a) Bills shall be submitted to Applicant for two semiannual billing periods, the first period including charges for the months of January through June and the second including charges for the months of July through December.
(b) Charges associated with newly licensed pole attachments and conduit occupancy shall be prorated on a daily basis and billed with the next semiannual bill.
(c) Charges shall be adjusted and retroactively prorated on a daily basis following the removal of Applicant’s facilities (in accordance with Article 18) and shall be retroactively adjusted as a credit on the next semiannual bill.