Common use of MANAGEMENT PAYMENT Clause in Contracts

MANAGEMENT PAYMENT. Manager shall pay Nextel Partners a fee of *** (the “Management Payment”). The Management Payment accruing with respect to any calendar month shall be due and payable upon the date of the next following Channel Clearing Milestone Date, as specified above, after the close of such calendar month. *** *** Confidential Treatment Requested 3 Exhibit 10.65(a) 7.

Appears in 1 contract

Sources: Stock Purchase and Redemption Agreement (Nextel Partners Inc)

MANAGEMENT PAYMENT. Manager shall pay Nextel Partners a fee of *** (the “Management Payment”). The Management Payment accruing with respect to any calendar month shall be due and payable upon the date of the next following Channel Clearing Milestone Date, as specified above, after the close of such calendar month. *** *** Confidential Treatment Requested 3 Exhibit 10.65(a) 10.65 7.

Appears in 1 contract

Sources: Asset Purchase Agreement (Nextel Partners Inc)