Common use of First Payment Clause in Contracts

First Payment. The first payment to IMNTV will be payable upon receipt at the end of the first calendar quarter after Launch, and will include any amounts due, pro-rated based on the number of days in such period of time; and

Appears in 3 contracts

Sources: Content License Agreement (Global Music International, Inc.), Content License Agreement (Global Music International, Inc.), Content License Agreement (Global Music International, Inc.)