Weekly Payments. Sprint PCS will pay the amount payable to Manager for a Billed Month under section 10.2 in equal weekly payments on consecutive Thursdays beginning the second Thursday of the calendar month following the Billed Month and ending on the first Thursday of the second calendar month after the Billed Month. If Sprint PCS is unable to determine the amount due to Manager in time to make the weekly payment on the second Thursday of a calendar month, then Sprint PCS will pay Manager for that week the same weekly amount it paid Manager for the previous week. Sprint PCS will true-up any difference between the actual amount due for the first weekly payment of the Billed Month and amounts paid for any estimated weekly payments after Sprint PCS determines what the weekly payment is for that month.
Appears in 3 contracts
Sources: Sprint PCS Management Agreement and Sprint PCS Services Agreement (Alamosa Holdings Inc), Sprint PCS Management Agreement and Sprint PCS Services Agreement (Alamosa Holdings Inc), Sprint PCS Management Agreement and Sprint PCS Services Agreement (Alamosa Holdings Inc)