Charges For Initial Circuits Sample Clauses

Charges For Initial Circuits. Customer shall pay to WorldCom for each Initial Circuit a monthly charge of three thousand dollars ($3,000) for each month during the Initial Circuit Term for such Initial Circuit; provided, however, that one-half of these monthly charges with respect to the first four (4) Initial Circuits placed in service may be deferred by Customer until the first day of the seventh full calendar month following the Initial Circuit Start Date for the first Initial Circuit placed in service, at which time Customer shall commence payment of all such deferred charges in twelve (12) consecutive equal monthly installments plus interest on such deferred charges at the rate of ten percent (10%) per annum from the date such deferred charges would have been due but for Customer's right to defer them. With respect to each Initial Circuit, the monthly charges for the first and last months of the applicable Initial Circuit Term shall be prorated based on the number of days during the first or last month, as applicable, which fall within the Initial Circuit Term for such Initial Circuit. The first monthly charge for an Initial Circuit shall be payable on the applicable Initial Circuit Start Date and thereafter the monthly charges for such Initial Circuit shall be payable in advance on the first day of each calendar month.
Sample 1
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