Prepayment for Services Sample Clauses
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Prepayment for Services. Except as disclosed on SCHEDULE 3.23, neither of the Companies has prior to the Closing Date received any payments as of August
Prepayment for Services. (a) By the date that is 75 days after the execution of this Framework Agreement, provided that on or before such date I-Link has substantially completed Milestone Number 1 as set forth in Schedule B, Cyber Office shall pay to I-Link $10 million in cash (the "Service Prepayment"). Such Service Prepayment shall be payment for the use of the I-Link Network and Licensed Technology and shall be credited against amounts owed by Cyber Office to I-Link under the Revenue Sharing Agreement.
(b) As fundamental components of the Revenue Sharing Agreement (i) in consideration for the substantial advance payment represented by the Service Prepayment, I-Link shall offer to Cyber Office a significant discount on the fees charged by or revenues to be shared with I-Link as compared to the fees charged by or revenues to be shared with I-Link under I-Link's normal pricing and revenue sharing arrangements; and (ii) in any event, all revenue sharing and pricing arrangements shall be [***].
Prepayment for Services. The Parties have agreed in Section 5.2 of the Framework Agreement that upon I-Link's substantial completion of Milestone No. 1 as set forth in Schedule B of the Framework Agreement, Red Cube shall pay I-Link the Service Prepayment as prepayment for the use of the I-Link Network and Licensed Technology. Subject to the terms of that certain Side Letter Agreement dated as of the date hereof between the parties, the Parties hereby agree that upon Red Cube's payment of the Service Prepayment to I-Link, any and all Fees payable by Red Cube to I-Link under this Agreement shall be credited against the amount of the Service Prepayment until the earlier of (x) the total amount of the Fees payable by Red Cube to I-Link (net of any Per User Fees owed by I-Link to Red Cube (as designated in the pricing list)) on a cumulative basis under this Agreement equal the Service Prepayment or (y) June 30, 2001. Until such time, Red Cube shall not owe I-Link any amount under this Agreement.
Prepayment for Services. Except as set forth on Exhibit 14, which will be revised as of the Closing Date, the Seller has received no payments in advance for sales or services to be performed after the Closing that relate to the Business.
Prepayment for Services. 16 Section 3.28
Prepayment for Services. 8 3.4 Non-Exclusivity ...................................................10 3.5 Protection of SBC Customer Information ............................10
Prepayment for Services. Except as disclosed in Section 2.21 of the Disclosure Schedule, neither Company has received any payments from any of its clients with respect to services to be rendered by such Company after the Closing Date.
Prepayment for Services. 3.3.1 On the Effective Date, SBC shall make the Prepayment for Services in the amount of Seventy Five Million and no/100 Dollars ($75,000,000.00) by wire transfer to an account which shall be designated in writing by Covad to SBC not less than three (3) Business Days prior to the Effective Date.
3.3.2 SBC shall be entitled to draw upon the unused balance of the Prepayment for Services for the purchase of any and all Covad Products provided to any Customer, subject only to the limitations set forth in this Section 3.3. The Prepayment for Services may not be used for CPE or self-installation kits.
3.3.3 Notwithstanding the foregoing, the utilization of the Prepayment for Services shall be limited as follows: (i) not more than $15 million during the period commencing on November 1, 2001, and ending on December 31, 2002; and (ii) not more than $40 million (including the previously mentioned $15 million) during the period commencing on November 1, 2001, and ending on December 31, 2003. The limits set forth in this Section 3.3.3 shall not preclude SBC from ordering, purchasing or paying for any Covad Products in excess of the amounts to which the Prepayment for Services may be applied.
3.3.4 The Prepayment for Services can be used for all Covad Products provided by Covad on or after the Effective Date, by SBC or, at SBC's option, on behalf of SBC by any Special Agent or New Special Agent (collectively, "SBC Agents"), provided that:
3.3.4.1 The Prepayment for Services can be used for all Covad Products provided to Prodigy Communications Corp. and Network Access Solutions Corporation, and their respective successors and assigns (each a "Special Agent").
3.3.4.2 Subject to the limitation set forth in Section 3.3.4.5, all revenues associated with Covad-based end-user lines acquired through SBC's Special Agents may count towards the Prepayment for Services.
3.3.4.3 SBC shall notify the Operating Companies when SBC establishes a relationship with any additional agents, resellers, strategic partners, channels or aggregators (collectively referred to as "New Special Agents") by sending a letter in the form attached as Exhibit A. No prior notice or approval by the Operating Companies or CGI is required to effect any New Special Agent relationship.
3.3.4.4 Not later than thirty (30) days following SBC's notification to the Operating Companies of any New Special Agent status, Covad will establish all appropriate and necessary steps to provision, track and count any increme...
Prepayment for Services. 28 Section 3.24 Brokers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 Section 3.25
Prepayment for Services. Except as disclosed on Schedule 3.25, the Company has not prior to the Closing Date received any payments from any of its customers with respect to services to be rendered by the Company after the Closing Date.