O&M Fee. The O&M Fee shall be four percent (4%) of the total IRU Fee payable per annum for Capacity activated under this Agreement. The O&M Fee shall be invoiced quarterly in advance by EAN Network on January 1, April 1, July 1 and October 1 of each calendar year and shall be due and payable 60 days after the relevant invoice date.
Appears in 2 contracts
Sources: Capacity Purchase Agreement (China Netcom Group CORP (Hong Kong) LTD), Capacity Purchase Agreement (China Netcom Group CORP (Hong Kong) LTD)