Monthly Reconciliation Process. Within 3 business days of the end of each ------------------------------ calendar month, CNC shall conduct a "Monthly Reconciliation" as follows: a. Prepare and deliver to Intuit a report containing (A) the usage, customer service and performance information described in Exhibit "A", and (B) the "Cumulative Service Charges" chargeable to Intuit for the applicable calendar month, net of all applicable penalties, credits and reimbursements calculated as follows: (i) the chargeable time and related cumulative Service Charges for each Customer/Service Category (Full, Restricted, Non-Internet Traffic, and Off Peak Access) plus (ii) ---- the amount of any Forecast Shortfall Penalty (calculated pursuant to Item (1) below), if any, minus (iii) financial penalties for CNC's failure to meet Performance Standards (see Item (2) below), if any, plus ---- (iv) any amounts owed to Intuit for Customer Service Charges ---------------- [*] Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. reimbursable by CNC pursuant to Exhibit "C" of the Agreement, minus (v) ----- any amounts owed by Intuit to CNC for Customer Service charges reimbursable by Intuit pursuant to Exhibit "C" of the Agreement, plus or ------- minus (vi) any other adjustments agreed to between the parties. CNC ----- shall also include an invoice for the Cumulative Service Charges, as adjusted pursuant to this Agreement, and Intuit shall pay such invoice within thirty days of its receipt.
Appears in 3 contracts
Sources: Internet Access Services Agreement (Concentric Network Corp), Internet Access Services Agreement (Concentric Network Corp), Internet Access Services Agreement (Concentric Network Corp)