Common use of IRU Fee Clause in Contracts

IRU Fee. Asia Netcom shall pay (for and on behalf of itself and its Subsidiaries) to EAN Network (for and on behalf of itself and its Subsidiaries) the IRU Fee for the Initial Capacity or any Segment of the Overhang Capacity activated hereunder as compensation for the IRU granted hereunder with respect to such Capacity and the performance by EAN Network and its Subsidiaries of their respective obligations hereunder. The IRU Fee for the Initial Capacity and each Segment of the Overhang Capacity activated hereunder are set forth in Schedule 2 and shall be paid in the manner and at the times set forth in this Article 3 and Schedule 2.