Common use of Telocity Only Services Clause in Contracts

Telocity Only Services. Beginning on the Launch Date, Telocity shall pay to NBCi, on a quarterly basis, ten percent (10%) of the net revenues actually received by Telocity for the basic Telocity internet access service. For purposes of this Section 10.1.1, net revenues shall mean gross revenues less a cost of goods sold figure based on the following items: (i) Last Mile Technologies Expenses, (ii) Shipping and Handling Expenses, and (iii) Network Operations Expenses, but excluding all Gateway rebate expenses, which shall be treated as customer acquisition costs by Telocity.

Telocity Only Services. Beginning on the Launch Date, ---------------------- Telocity shall pay to NBCi, on a quarterly basis, ten percent (10%) of the net revenues actually received by Telocity for the basic Telocity internet access service. For purposes of this Section 10.1.1, net revenues shall mean gross revenues less a cost of goods sold figure based on the following items: (i) Last Mile Technologies Expenses, (ii) Shipping and Handling Expenses, and (iii) Network Operations Expenses, but excluding all Gateway rebate expenses, which shall be treated as customer acquisition costs by Telocity.